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McHenry County Farmland Preservation Alliance
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McHenry County Farmland is a Proven Tax Value!
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Farmland is a good tax value for communities
- Nationwide, for every $1 in property tax paid by a farm, the community spends approximately 20 cents to provide services to that property. For residential development, for every $1 collected, the community spends between $1.20 and $1.50 to provide services like schools, roads, police and fire protection. (According to American Farmland Trust Cost of Community Services studies.)
- Farmland generates revenues from taxes (it pays more than it costs for services), while developed land costs communities/county more than the revenues they generate.
McHenry County 2002 Farmland Facts
- 870 Farms, totaling 233,000 acres
- $91.5 million in sales - crops & livestock
- $ 89 million in expenses for crops & livestock
- Avg. Farm Sales $105,000 per year
Itemized Sales:
- Vegetables & Fruit $3.4 Million
- Nursery & Christmas Trees $24.8 Million
- Livestock, Poultry & Products $22.6 Million
- Horse, Pony & Donkeys $1.4 Million
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