Property Tax Exemptions

Local governments can offer income tax relief to landowners in exchange for a conservation covenant on ecologically valuable lands.

 (c) Brian Klinkenberg

Advantages include:

  • the ability to permanently protect habitats.
  • an incentive for landowners to conserve habitat.

Disadvantages include:

  • the considerable staff time required for program development and administration.
  • a loss of tax revenue to the local government.
  • the lack of understanding of covenants by most landowners.