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Morris County
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| Funding for the Farmland Preservation Program |
The Morris County Preservation Trust Fund was established in 1992. The regulations governing the Trust Fund allocate 25% of the fund exclusively for farmland preservation purposes. The following table summarizes the county funding for the Farmland Preservation Program. The levy for 2011 has been set at 1.5 cents per $100 of equalized county valuation.
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Funding Source
Morris County Preservation Trust Fund Farmland Preservation Allocation (25%) |
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| Year | 25% Allocation |
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1994
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010* |
$ 738,711
$ 1,040,338 $ 1,656,385 $ 2,000,000 $ 2,100,000 $ 3,000,000 $ 3,900,000 $ 4,300,000 $ 5,000,000 $ 6,250,000 $ 8,230,000 $ 9,330,000 $ 10,088,000 $ 11,033,000 $ 11,270,000 $ 11,270,000 $ 5,125,000 |
| *Estimated Allocation | |