| Eli Sagor |
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| #1 |
Thanks to David Cartwright for passing along a new fact sheet on 2009 changes to the Green Acres program. The fact sheet was developed by the Land Stewardship Project and can be downloaded from their website at http://www.landstewardshipproject.org/pdf/green_acres_2009_factsheet.pdf.
We have not yet had a chance to review the fact sheet, but wanted to get the word out. Many woodland owners have land enrolled in Green Acres and will be interested in the recent changes.
For more on Green Acres, check this thread.
-eli
Eli Sagor
University of Minnesota Extension
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| Eli Sagor |
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| #2 |
Bruce ZumBahlen has an article with a bit more information on the Green Acres program in the October/November 2009 Minnesota Forestry Association newsletter. You can download the newsletter from http://www.minnesotaforestry.org/Newsletters .
-eli
Eli Sagor
University of Minnesota Extension |
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| ESS for David Cartwright |
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| #3 |
I received the following information this morning in an email from David Cartwright. I'm posting it here with his permission.
Eli:
If you don't already have the information attached at the bottom of this e-mail, you might find it useful to some of your subscribers that are similar to us in that they have historically been enrolled in Green Acres but also have a substantial portion of their property in forestry.
The two "Property Tax Fact Sheets" attached at the bottom were obtained in a recent conversation with the Chisago County Tax Assessor's office who have been helping us understand how to develop a strategy for our property that is optimum for the changes that were made in Green Acres in 2009. [Bruce ZumBahlen wrote a piece in the October/November 2009 Minnesota Woodlands (MFA) newsletter that reached the same conclusion as we and the two attached documents provided the foundation for our assessment, and probably his.]
We were told today by our Assessor's office that more details on the Rural Preserve Property Tax Program [RPPTP; Fact Sheet 15 below] are still under development and we should periodically check the Minnesota Revenue website, http://www.taxes.state.mn.us/taxes/property/index.shtml, for new fact sheets that may provide additional detail.
As a final point, the Assessor's office told us today that, as a result of the 2009 changes, the transfer of property via an inheritance process would not trigger defaulting out of either Green Acres or the RPPTP. This was a major flaw in the 2008 Green Acre legislation, apparently corrected in 2009, but is important enough that people interested in either of these two programs should confirm this conclusion with their own Assessor's office.
Hope this helps ....
David & Carole Cartwright
Attachment 1: GAfactSheet09.pdf
Attachment 2: RuralPresFactSheet.pdf
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