PRESERVATION FUNDING FORUM Rutgers Eco-Complex July 17, 2006 Our - PowerPoint PPT Presentation

Farmland… Open Space... PRESERVATION FUNDING FORUM Rutgers Eco-Complex July 17, 2006 Our Historic Treasures... Recreation and Park Improvements... 7.17.2006

Garden State Preservation Trust The Garden State Preservation Trust is the financing authority that receives $98 million a year through a constitutional dedication for the preservation of parks, natural lands, farmland and historic sites. 7.17.2006

Garden State Preservation Trust • Approved in 1998 • $98 million annually for 30 years of dedicated sales tax revenues • $1 billion in bond authorization over 10 years with an additional $150 million approved by voters • After tenth year, $98 million (or whatever is needed) in sales tax must go to debt service only • One of nation’s largest publicly-funded land preservation efforts 7.17.2006

Garden State Preservation Trust Funded Open Space Programs • NJ Department of Environmental Protection Green Acres Program • NJ Department of Agriculture State Agriculture Development Committee Farmland Preservation Program • NJ Department of Community Affairs NJ Historic Trust 7.17.2006

Garden State Preservation Trust New Jersey Historic Trust Annual $6 million dedication FY 2000 $6 million FY 2001 $6 million FY 2002 $6 million FY 2003 $6 million FY 2004 $6 million FY 2005 $6 million FY 2006 $6 million FY 2007 $6 million FY 2008 $6 million FY 2009 $6 million $60 million 7.17.2006

Garden State Preservation Trust Remaining $92 million plus all bond proceeds are apportioned 60/40 between the Green Acres and Farmland Preservation programs TYPICAL $200 million ANNUAL APPROPRIATION 40% 60% $80 million $120 million 7.17.2006

Garden State Preservation Trust How Much Did We Get? Bond Funds Bond Funds Dedicated Cash Dedicated Cash GSPT GSPT $1.22 billion $1.22 billion $98 million annually $98 million annually $2 billion $2 billion for appropriations for appropriations $60 million $60 million $763 million $763 million $1.18 billion $1.18 billion Farmland Historic Farmland Historic Green Acres Green Acres Preservation Preservation Preservation Preservation 7.17.2006

Garden State Preservation Trust $1.95 billion for land preservation projects $342m $256m $253m Total $1.8 billion $202m $200m appropriated $198m $190m to date $160m pending FY2000 FY2001 FY2002 FY2003 FY2004 FY2005 FY2006 FY2007 7.17.2006

7.17.2006 New Jersey Historic Trust New Jersey Historic Trust

New Jersey Historic Trust New Jersey Historic Trust Mission Statement Mission Statement To advance historic To advance historic preservation in New Jersey preservation in New Jersey for the benefit of future for the benefit of future generations through generations through education, stewardship and education, stewardship and financial investment financial investment programs that save our programs that save our heritage and strengthen heritage and strengthen our communities. our communities. Nicholson House, Elsinboro (Salem County) 7.17.2006

New Jersey Historic Trust New Jersey Historic Trust What are our Goals? What are our Goals? • Spur reinvestment in neighborhoods and communities • Timely intervention for threatened structures • Make historic sites “visitor ready” Old School, Cranbury • Foster “stewardship (Middlesex County) mindset” 7.17.2006

New Jersey Historic Trust Saving New Jersey’s Heritage • $6 million authorized annually • Eligible Applicants – Municipalities – Counties – Non-profit organizations Essex County Courthouse, Newark 7.17.2006

New Jersey Historic Trust Funding Priorities • Historic Site Management Grants • Capital Grants: “Bricks and Mortar Projects” Caldwell Parsonage, Union Demarest Train Station, Demarest (Union County) (Bergen County) 7.17.2006

New Jersey Historic Trust Examples of Funded Projects • Typical Historic Structures • Unusual Historic Resources • Collaborative From Top: Plainfield City Hall (Union County); Initiatives Raritan Firehouse (Somerset County); Bivalve Packing Houses, Commercial Township (Cumberland County) 7.17.2006

New Jersey Historic Trust NJ Historic Trust NJ Historic Trust Projects Funded 1999 - 2005 # # ## # What We’ ’ve Done ve Done What We # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # ## # # # # # # # # # # # ## # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # • 272 Grants allocated # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # # • 21 Counties and 117 municipalities # # # # # # # # # # # # # # # # # # # # # impacted # # # # # # # # # # # ## # # # # ## # # • $37.2 million spent-- # # # # # # # # # # # # # 54% in urban centers # # # # # # # # # # # # # • $45 million leveraged from # # # # # # # # # # # # private, county and municipal # # # partners # # # # # # 7.17.2006

New Jersey Historic Trust Impact of Funding Transforming the historic resources of New Jersey Lucy the Margate Elephant Lullworth Hall, Haddonfield Lighthouses along the New Jersey shore (Atlantic County) (Camden County) Absecon Light (Atlantic County) 7.17.2006

New Jersey Historic Trust What is the Unmet Need? • Funds requested, 2000-2005 grant rounds – $ 91.9 million – $ 37.2 million available – Unmet need: 59.5 % of requests • Funds requested 2006 grant round – $ 35.8 million – $ 10.5 million available Carnegie Library, Camden – Unmet need: 70.7% of requests (Camden County) • $22 million remaining and 3 grant rounds 7.17.2006

New Jersey’ ’s s New Jersey Farmland Preservation Program Farmland Preservation Program Keeping the Garden in the Garden State Keeping the Garden in the Garden State 7.17.2006

State Agriculture Development Committee Mission Statement The SADC leads in the preservation of New Jersey’s farmland and promotes the exploration and coordination of innovative approaches to maintain the viability of the agricultural industry 7.17.2006

State Agriculture Development Committee Preservation Programs • Traditional (County) Easement Purchase • State Acquisition (Fee Simple & Easement) • Planning Incentive Grants (PIGs) • Non-Profits • Eight-Year Program Paulaitis Farm, Pittsgrove Twp., (Salem County) 7.17.2006

State Agriculture Development Committee What are our Goals? • Preserve high-quality, strategically located agricultural land • Expedite preservation to combat loss of resource base in face of rising land prices • Maximize leveraging – LEVERAGE IMPACT TO DATE: 67% State Funds 33% Matching Funds (counties, municipalities, nonprofits, federal) • Encourage variety of land use tools to meet Stafford Farm, Voorhees Township, preservation targets (TDR, cluster (Camden County) development, etc.) 7.17.2006

State Agriculture Development Committee GSPT Farmland Appropriations • Local Grants $405M 57% • State Acquisitions $282M 40% • Nonprofit Grants $19M 3% __________________________________________ • Total* $706M • Remaining in GSPT ~$75M • Funding Exhausted After FY2008 Giamarese Farm, East Brunswick Twp. *Includes pending FY07 appropriation bills (Middlesex County) 7.17.2006

Active Ag Land 742,000 acres in Active Agricultural Use (1997) Prior to GSPT: 54,000 acres preserved before July 1, 1999 7.17.2006

To Date • Additional 93,000 acres preserved • Total preserved to date: 148,000 acres • 18% of agricultural land base protected – highest percentage in the nation • Geographic Diversity: 155 towns, 18 counties • 61 towns in 12 counties w/PIG programs 96 project areas 7.17.2006

Projected Totals • ~ 55,000 additional acres preserved when all GSPT funds are expended • Total farmland preserved by end of GSPT: ~200,000 acres Cumulative Acres Preserved by Calendar Year 200,000 175,000 150,000 Cumulative Number of Acres 125,000 100,000 75,000 50,000 25,000 0 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2009 Calendar Year 7.17.2006

Green Acres Program Green Acres Program NJ Department of Environmental Protection NJ Department of Environmental Protection 7.17.2006

Green Acres Program Green Acres Program Mission Statement Mission Statement To achieve, in partnership with others, a system of interconnected open spaces whose protection will preserve and enhance New Jersey’s natural environment and its historic, scenic, and recreational resources for public use and enjoyment. High Point State Park (Sussex County) 7.17.2006

Green Acres Program Green Acres Program Objectives and Priorities Objectives and Priorities To acquire open space for conservation and recreation purposes... Rattlesnake Mountain (Sussex County) ...and to develop outdoor Passaic City Park recreation facilities (Passaic County) 7.17.2006

New Jersey Open Space Green Acres Program Green Acres Program as of July 1,1999 What We’ ’ve Accomplished ve Accomplished What We Lands Preserved Prior to July 1, 1999 (does not include preserved farmland) State Lands Municipial Lands County Lands Nonprofit Lands 7.17.2006 Federal Lands