Open Letter to
Land Owners
West End
Regional Open Space Plan
The Ross
Township Board of Supervisors adopted the West End Regional Open Space
Plan! This plan lays the framework for a series of initiatives that will
help Ross Township retain its rural character while accommodating
growth.
Ross Township
would not have all of its wonderful natural
resources if it was not for the careful stewardship
of landowners like yourself. Generations of
landowners have helped maintain Ross’ rural character.
The Township is actively
working to develop voluntary opportunities for landowners like yourself
to participate in conservation programs. Many of these programs offer
financial incentives that might interest you.
Enclosed are some facts for
your review. This describes the variety of conservation options that are
available.
We hope you will consider these
programs as you think about the future of your land. We would be happy
to answer any questions you may have or have someone meet with you to
discuss these options in more detail.
If you would like more
information, please call us. With your help, we can preserve Ross
Township’s rural heritage.
If you want to review the
full Regional Open Space Plan, please stop by the Township Office.
To download a copy of the
letter,
click here...
A GUIDE
FOR ROSS TOWNSHIP LANDOWNERS:
FINANCIAL INCENTIVES FOR LAND CONSERVATION
Ross
Township recently adopted its Open Space Plan which was developed in
conjunction with Polk, Eldred and Chestnuthill Townships. With the plan
complete, Ross Township is eligible for County Open Space funds to help
conserve important open spaces. This fact sheet briefly explains some of
the options available to interested landowners. For more information,
see the contacts listed at the end of this fact sheet.
CONSERVATION OPTIONS
There are a number of voluntary options available to landowners. These
include the following
Financial incentives to conserve land you intend to retain
* Act319—Clean and Green
* Conservation easements
Options
for landowners who need to transfer title
* Selling or
donating your property to the Township
* Conservation
easement and subsequent sale
* Open Space
Subdivision
The next few paragraphs provide a brief introduction to each of these
options
ROSS TOWNSHIP-PRESERVING OUR RURAL HERITAGE
Act 319—”Clean
& Green” is a preferential assessment program in which landowners
become eligible for reduced property taxes in exchange for agreeing to
keep their land in farming or forest. Landowners may withdraw
from the program by paying the accumulated tax savings for the length of
time they are in the program (or seven years, whichever is less), plus
an interest penalty. Thousands of acres in Ross Township are enrolled in
Act 319, helping to maintain our unique character. However, future
conservation of these lands is not certain and additional options are
available for interested landowners.
Conservation
Easements—are voluntary,
legally binding agreements between a landowner and a land trust or
government agency. The agreements allow property owners to limit or
prohibit development on their land. Conservation easements are permanent
and run with the title so that all future owners of the land are bound
by the original agreement. The land remains in private ownership, and
public access is usually not provided.
The Township has
limited finding to purchase land and/or conservation easements. A set of
criteria will be developed to help guide which properties are the
highest priority for this finding. The value of the conservation
easement is determined by an appraisal which documents the current fair
market value of the property and the value of the property after the
conservation easement is placed on the land. The difference between the
current value and the “restricted” value is the value of the
conservation easement.
Landowners who donate
easement to the Township can deduct the value of the easement from their
income taxes and carry the deduction against up to 30% of theft adjusted
gross income for a period of up to 6 (six) tax years (or until the
entire deduction is used).
Similarly, if a landowner
sells an easement to the Township for less than its fair market value,
that difference may qualify as a charitable contribution which can
result in savings in federal income and/or capital gains taxes. In
addition, the township may be able to use the partial donation as a
match for grant finds to protect other properties.
Selling your
property to the Township—as
discussed under conservation easements, Ross Township has some limited
funding with which to acquire key tracts for open space conservation. A
set of criteria will be developed to guide how those finds will be
allocated.
As with conservation
easements, landowners who donate land to the Township can deduct the
value of the land from their income taxes and carry that deduction for
up to six (6) tax years. Similarly, if a landowner sells land to the
Township for less than its fair market value, that difference may
qualify as a charitable contribution which can result in savings in
federal income and/or capital gains taxes. Strikingly, in some cases a
landowner can actually net more after taxes by selling land to the
Township for less than its fair market value.
And any donations
or bargain sales may be able to be used by the Township as matching
funds for a grant with which to purchase additional properties or
easements.
Conservation
Easement and Subsequent Sale—another
alternative is for landowners to place conservation easement on some or
all of their property (through donation, bargain sale, or fair market
value sale) and then sell the property on the real estate market with
the conservation provisions in place. This option helps landowners who
need to sell their property, but want to be sure its natural resources
are protected.
Who’s Involved—Ross
Township’s Open Space Committee developed this fact sheet to give local
landowners a brief overview of some of the options that are available to
them. All of these options are available by working with the Township.
in addition, the Township has developed relationships with
private conservation organizations, including the Pocono Heritage Land
Trust, and other governmental bodies, including the Monroe County Open
Space Advisory Board. By working together, with local residents and
other organizations, and agencies, we hope to preserve our rural
heritage.
For more information on these or other
options, contact:
Howard Beers, Ross Township Supervisor(570) 992-4572
Tina Drake, Ross Township Supervisor(570) 992-6110
Pat Dougherty, Pocono Heritage Land Trust President (570) 595-6001
Christine Laytos, Monroe County Open Space Coordinator (570) 517-3153
Ross
Township-Preserving our Rural Heritage
When considering
these programs, it is important to consult with your own attorney and/or
accountant.
|