Henderson County Bond: Preserving Farmland for the Future
Henderson County voters have shown strong support for a new bond initiative aimed at preserving farmland. Unofficial results indicate a clear 'yes' for the Farmland Preservation General Obligation Bond, which could unlock up to $25 million in funding.
The bond offers a unique solution to the growing pressure on local farms. Farmers facing significant offers from developers can choose to keep their land while receiving compensation to permanently restrict development. This ensures they are financially secure compared to selling to developers.
“They still own their property, they still retain all their private property rights, but they could be made financially whole compared to what an alternative offer would be from a developer,” noted Jeff Chandler, executive director of Agribusiness Henderson County.
The proposal has gained traction due to the substantial loss of farmland in the county over the past few years, with USDA data showing a loss of 8,356 acres between 2017 and 2022. Former state Rep. Chuck McGrady, a strong advocate for the bond, attributes this success to the campaign's nonpartisan approach and the recognition of the environmental benefits of preserving farmland.
The bond, if approved by county commissioners, would expand the existing voluntary preservation program. It would provide funding to compensate landowners for their willingness to restrict development, allowing them to continue agricultural operations while preserving the land's natural state.
The estimated property tax increase of approximately $40 annually for a $400,000 home is a small price to pay for the long-term benefits of preserving open spaces, protecting water quality, and conserving wildlife habitats.