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Commissioners create farmland preservation fund, allocate up to 50% of deferred taxes (capped at $100,000)
Summary
Rowan County adopted a farmland preservation fund policy that directs 50% of collected deferred present-use-value taxes, up to $100,000 per year, into a dedicated deferred-revenue account to help farmers pay costs of conservation easements; policy effective April 7, 2025.
County staff described a proposed Farmland Preservation Fund policy to commissioners on April 7, 2025. Staff said many farmers want to place land into conservation easements but face prohibitive transaction costs, including surveys and legal fees. To assist, the proposed policy would set aside part of the county’s recaptured present-use-value (deferred) taxes when farmland exits the present-use valuation.
Staff said the policy would move…
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