15 Jun '11, 12pm

Property Tax Incentives for Forest Conservation in the U.S. South | World Resources Institute

Property Tax Incentives for Forest Conservation in the U.S. South | World Resources Institute

Designated state reimbursement fund. States can offer reimbursement funds similar to the one pioneered in Georgia to help alleviate county concerns over short-term fiscal impacts from drops in property tax revenues. Reimbursement funds can be targeted at forestlands specifically rather than open space in general to provide a more direct link between current use valuation and forest protection. Longer covenant (contract) periods. States and counties can extend covenant terms to match the minimum rotation age for commercial forest management. Extending covenant terms to 20 years or more would ensure that lands protected under current use valuation programs would be of sufficient age to generate income streams from the sale of commercial forest products. Extending covenant terms would also help reduce speculation on lands enrolled for shorter periods. Management for ecosystem...

Full article: http://www.wri.org/stories/2011/06/property-tax-incentive...

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Canada's New Yellowstone: Two Million Acres of ...

nrdc.org 16 Jun '11, 7pm

WASHINGTON (June 16, 2011) -- The provincial government of Manitoba, Canada has granted permanent legal protection to appr...