Pumping up state spending on open space, land preservation, parks

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new jersey farmland preservation

TOM JOHNSON / NJ SPOTLIGHT – The state is preparing to ramp up spending on open space, farmland and historic preservation to as much as $155 million beginning in fiscal year 2020.

The infusion of funding is eagerly anticipated by open-space advocates who hope to see more undeveloped land acquired for preservation, protection of water supplies and flood-prone properties.

The allocation of such money is spelled out in legislation (S-2920) to be debated today by the Senate Environment and Energy Committee. Under a constitutional amendment approved by voters in 2014, beginning next July, 6 percent of the state’s corporate business-tax revenue will be spent on open space and other preservation programs. Previously, 4 percent of those taxes went to those programs …

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