TY - JOUR
T1 - Private forest owners and property tax incentive programs in the United States
T2 - A national review and analysis of ecosystem services promoted, landowner participation, forestland area enrolled, and magnitude of tax benefits provided
AU - Kilgore, Mike
AU - Ellefson, Paul V
AU - Funk, Travis J.
AU - Frey, Gregory E.
N1 - Funding Information:
Research was supported by the University of Minnesota's Department of Forest Resources; Minnesota Agricultural Experiment Station Projects MIN-42-54 and MIN-42-65 ; and the USDA Forest Service, Southern Research Station , through Joint Venture Agreements 11-JV-11330143- 129 and 14-JV-11330143-082 .
Publisher Copyright:
© 2018 Elsevier B.V.
PY - 2018/12
Y1 - 2018/12
N2 - Forest ecosystems provide services that can be promoted by state property tax incentive programs. A 50-state review in 2014–2015 determined that such programs were used to foster services such as protection of soil and water resources, habitat for fish and wildlife, aesthetically pleasing landscapes, and the production of timber and wood fiber. The review determined that nearly 210 million acres (85 million hectares [ha]) were enrolled in 58 different state property tax programs, an estimated 44% of private forest area eligible for enrollment. Over 3.85 million participants benefited from the programs and collectively received more than $1.61 billion in reduced annual property taxes. The average annual value of the reduction was $7.68 per acre ($19.00 per ha).
AB - Forest ecosystems provide services that can be promoted by state property tax incentive programs. A 50-state review in 2014–2015 determined that such programs were used to foster services such as protection of soil and water resources, habitat for fish and wildlife, aesthetically pleasing landscapes, and the production of timber and wood fiber. The review determined that nearly 210 million acres (85 million hectares [ha]) were enrolled in 58 different state property tax programs, an estimated 44% of private forest area eligible for enrollment. Over 3.85 million participants benefited from the programs and collectively received more than $1.61 billion in reduced annual property taxes. The average annual value of the reduction was $7.68 per acre ($19.00 per ha).
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U2 - 10.1016/j.forpol.2018.08.015
DO - 10.1016/j.forpol.2018.08.015
M3 - Article
AN - SCOPUS:85053075335
SN - 1389-9341
VL - 97
SP - 33
EP - 40
JO - Forest Policy and Economics
JF - Forest Policy and Economics
ER -
