Local Government Food Policy Database
Trust Fund Supporting Local Food Economy, Motion
| Jurisdiction Name | Cabarrus County |
| State / Province | NC |
| Country | United States |
| Type of Government | County |
| Population | 184,498 |
| Population Range | 50,000 to 249,999 |
| Year | 2009 |
| Policy Links |
Download PDF |
| Policy Type | motion |
| GFC Topic | community food production |
| Keywords | agricultural land, conservation, conservation easements, easement, economy, fund, land value, local, local food, local food economy, present-use value system, property tax, public funds, tax, trust fund |
| Adopting Government Department(s) | Cabarrus County Board of Commissioners |
| Lead Implementing Entity(s) | Cabarrus County Tax Administration, Finance Department |
| Supporting Entity(s) | n/a |
| Funding Amount | unknown |
| Funding Sources | Cabarrus County (deferred taxes on property removed from the present-use value system) |
| Policy Outcome(s) |
Motion established a trust fund to support the local food economy; when property leaves the North Carolina agriculture present-use value system, the payment of deferred taxes on the property is placed in a special account that is dedicated to funding sustainable agriculture-related projects, instead of going into the general fund. |
| Additional Resources |
http://www.dor.state.nc.us/publications/puv_guide.pdf http://www.ncagr.gov/aglaw/present_use_value.htm http://www.cabarruscounty.us/government/departments/commissioners/Minutes/521_commissioners_minutes_2009.pdf |
