On
November 3rd, New Jersey voters will be asked to approve Public
Question # 1, a new $400 million Green Acres Bond Act which will
continue the State's investment in preserving clean water, working
farms, natural areas, parks and historic sites. The
timing couldn't be more urgent. Existing State funds
provided by previous bond acts and the Garden State Preservation
Trust have all been exhausted. Without approval of this
new funding by voters, the state's open space, farmland and historic
preservation efforts will grind to a halt. And, since each
of our 21 counties and more than 230 of our 566 municipalities
have their own dedicated open space funds that rely on state matching
dollars, most local preservation efforts will be also severely
hampered.
New Jersey voters have approved every Public Question concerning
open space and farmland preservation that has been proposed since
the inception of the popular Green Acres program in 1961.
But even some longtime supporters of the program are having some
doubts this time around about the public's willingness to continue
to approve new funds during the current economic downturn.
It is true that the State of New Jersey is carrying a lot of debt
these days, and that any new spending must be carefully
weighed to insure that it is responsible and a good investment
of public dollars. In this context, the proposed new $400
million bond issue, which will cost an estimated $10 annually
per household over the next few decades, must be thoughtfully
evaluated.
And what return would New Jerseyans get from this additional investment
of public tax dollars? A recent study based on an
NJ DEP report found that every $1 invested through the bond measure
would return $10 in value, in the form of ecosystem services (such
as water purification, waste treatment and flood mitigation),
natural goods (such as fish and farm products), and outdoor recreation
activities across the entire state. The bond act will also
create jobs restoring historic sites and natural areas, and building
parks.
We also know that open space and farmland preservation provides
many other economic benefits. Numerous studies have shown
that preserved parkland and farmland help to avoid new public
costs for schools, roads, police and fire protection, as well
as a myriad of other services, and these avoided costs help to
stabilize local property taxes. Other studies have shown
that properties located near preserved areas appreciate in value
at a higher rate, and that preserved open space can stimulate
redevelopment, particularly in urban areas and older suburbs.
And use of our preserved open areas by sportsmen,
birders, hikers and a variety of other ecotourists and agritourists
who spend considerable sums on their recreation helps many small
businesses and boosts local economies throughout the state.
The fact that both land prices and interest rates are low right
now also makes this an excellent time to be purchasing additional
land and development easements, especially given the fact that
the Garden State is predicted to be the first state in the nation
that reaches complete build-out sometime in the next generation.
Key tracts not purchased in the next few years may never be available
again, and certainly not at the bargain prices being asked in
today's market.
In addition to these economic benefits, preserving additional
open space and farmland also provides clear environmental benefits.
Preserved areas provide help to keep our air and water clean,
mitigate the effects of global warming by sequestering carbon,
provide habitat for wildlife, and generally help preserve and
enhance the quality of our lives.
Some voters understandably wonder if our politicians can be trusted
to honestly administer millions in new funding for preservation.
Fortunately, Public Question #1 also requires full public disclosure
of all spending on preservation projects, and there is citizen
oversight through the Garden State Preservation Trust, which must
approve all projects before funds are appropriated by the Legislature.
New Jerseyans have made a huge investment in preserving our open
spaces and farmland over the course of the last 50 years, but
the job is not yet quite done. Many keys tracts of open
space and farmland still need to be preserved, and finishing the
job by preserving these remaining tracts will only enhance the
value of our past investments connecting and enlarging existing
parkland, and by helping to preserve a critical mass of farmland
sufficient to retain farming as a viable industry here in the
Garden State.
Viewed in this context, approving Public Question # 1 seems like
a very wise investment, and it appears likely that the costs of
stopping the preservation effort are substantially higher than
the cost of staying the course. Staying the course
means that we can leave a legacy of clean water, parks, natural
areas and wildlife, local farms and preserved historic sites to
our children and grandchildren.
Here at Conservation Resources, we know from our work on behalf
of the entire conservation community that the job is not yet done.
We are also keenly aware that public funds which flow to conservation
through the Green Acres and Farmland Preservation programs are
essential to most projects, and that preservation efforts will
simply grind to a halt if these funds are not renewed. For all
of the reasons discussed above, I hope that you will join me in
staying the course by voting "YES" on Public Question # 1 on November
3rd.