Annual Report Town of Campton, N.H. 2005
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31: To see if the Town will vote to remove the $5,000.00 cap on Land Use Change Tax receipts going into the Campton Conservation Trust Fund. This is in accordance with RSA 36-A:5 III and as authorized under the provisions of RSA 79-A:25 II. The Land Use Change Tax is assessed when undeveloped land which is placed by the landowner under Current Use Taxation, is taken out of current use for development. In the past seventeen years, the town receipts from this tax have averaged over $14,335 per ye...ar. At present 50% of the receipts are deposited into a Conservation Trust Fund with a $5,000.00 yearly cap. The remainder goes into the Town's General Fund. The purpose for this article to remove the $5,000 cap is to increase deposits to the fund in years when there is a lot of land taken out of Current Use. The Conservation Fund is to allow the Conservation Commission to carry out its mission of land conservation such as assisting landowners in creating conservation easement; or acquiring and managing open space properties and undeveloped land in Campton as they become available, in order to protect natural resources, wildlife habitat, and the rural character of the Town.
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To quickly assess the difficulty of the text, read a short excerpt:
31: To see if the Town will vote to remove the $5,000.00 cap on Land Use Change Tax receipts going into the Campton Conservation Trust Fund. This is in accordance with RSA 36-A:5 III and as authorized under the provisions of RSA 79-A:25 II. The Land Use Change Tax is assessed when undeveloped land which is placed by the landowner under Current Use Taxation, is taken out of current use for development. In the past seventeen years, the town receipts from this tax have averaged over $14,335 per ye...ar. At present 50% of the receipts are deposited into a Conservation Trust Fund with a $5,000.00 yearly cap. The remainder goes into the Town's General Fund. The purpose for this article to remove the $5,000 cap is to increase deposits to the fund in years when there is a lot of land taken out of Current Use. The Conservation Fund is to allow the Conservation Commission to carry out its mission of land conservation such as assisting landowners in creating conservation easement; or acquiring and managing open space properties and undeveloped land in Campton as they become available, in order to protect natural resources, wildlife habitat, and the rural character of the Town.
What to read after Annual Report Town of Campton, N.H. 2005?
You can find similar books in the "Read Also" column, or choose other free books by Campton (N.H. : Town) to read onlineMoreLess
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