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PDR Progress Report03-13

PDR Progress Report03-13

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Published by Fauquier Now
Fauquier County Purchase of Development Rights Program
Fauquier County Purchase of Development Rights Program

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Published by: Fauquier Now on May 13, 2013
Copyright:Attribution Non-commercial


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Purchase o Development Rights
ProgramFauquier County
“A tool or preserving and enhancing the agricultural industry.”
February 2013
Page 2
griculture is one o the leading industries inFauquier County. In order to sustain thisindustry, a critical mass o armland is necessary orthe production o crops and animals. In Februaryo 2002, the Fauquier County Board o Supervisorsormally established the Purchase o Development Rights (PDR) Program in order toprotect the County’s armland and retain theagricultural industry’s critical mass. The PDRProgram is a voluntary program in whichlandowners sell the development rights o their landto the County; this protects the agricultural andnatural resources o their property while allowingthem to retain ownership. In some cases, undsgiven to landowners through the PDR program areused to deray debt and save the amily arm. Inother cases, the unds are used to make signifcantimprovements or additions to the armingoperation. The landowner has ull control over howthe PDR unds are to be utilized. In addition to thecash PDR payments, landowners may also qualiyor state and/or ederal land conservation tax creditsand deduction programs. All applicants areencouraged to discuss these programs with their taxadvisors.
hile unding or the PDR Program is largely taxbased, a signifcant percentage, roughly 32%(over $3.9M), has been provided by non-Countysources in the orm o grants and othercontributions.
ncreasingly, Fauquier County is being used as amodel by other localities when seeking guidance indeveloping a PDR Program. In past years, assistancehas been provided to ocials in Staord, Culpeper,Franklin, Hanover, Augusta, Spotsylvania andRockingham Counties.
he Fauquier County Agricultural Developmentsta also served on the Virginia Department o Agriculture and Consumer Services (VDACS)Farmland Preservation Task Force. This Task Forcehas developed a model PDR Program or Virginialocalities and has outlined the structure or a state-unded PDR Program.
n addition, sta has assisted the VDACS Oce o Farmland Preservation in the development o operating guidelines or the allocation o state-matching unds or armland preservation. 2007brought the frst specifc allocation o matchingunds through VDACS. Fauquier County’s PDRProgram has received approximately $1,061,000 inVDACS matching unds, to date.
Preserving Agriculture
Page 3
Why Apply to the PDR Program?
Everyone has their own reasons or wanting to take part in the PDR Program, but here are a ewo the top reasons:
You will ensure that your amily can continue arming the same land. Productive agriculturalland is a fnite and irreplaceable natural resource.
You will preserve the open space, the agriculture and the nature that exists on your land. PDREasements are attached to the land which means it will transer to a new owner i you everchoose to sell your property.
You will contribute to long-range environmental benefts which include wildlie habitat,clean air and water, ood control, groundwater recharge and carbon sequestration.
You will ensure continued goods and/or services are available to the citizens o FauquierCounty and beyond. Agriculture contributes to the local economy directly through sales, job creation, supporting services and businesses, and also by supplying lucrative secondarymarkets such as ood processing.
You will receive a lump sum cash payment that can be used as you see ft. In some cases,unds have been used to complete estate planning, deray debt and save the arm. In othercases, the unds have been used to make signifcant improvements or additions to thearming operation.
You may also be eligible to receive a number o tax credits and/or tax deductions once thePDR Easement is recorded . Please seek guidance rom your tax advisor regarding theseopportunities.

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