I am working on a study. I am hoping that some of you might have some
expertise in this regard or know of similar studies.
A program to convert land in Sacramento River floodplain from
agricultural uses to riparian habitat is currently being funded from
federal state and private sources. The long run plan includes levy
removal, creation of a natural meander belt, and restoration of riparian
vegetation.
Local governments are concerned about revenue losses resulting from the
reduction in agricultural activity. We are proposing a study that will
focus on changes in property tax revenues to a single affected county.
Current property tax revenues are based on private ownership. Future
ownership will be a mix of federal state and private wth conservation
easements.
We are planning to estimate the changes in property tax revenue only at
this time. Other revenue impacts beyond the scope of our study. We are
interested in any studies that examined the tax revenue impacts of
similar habitat restoration projects.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]
