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33 <br /> Slide #17 <br /> Potential Funding <br /> 1 ^s rDeferred taxes from farmland coming out of <br /> the Present Use Value program <br /> ➢Grants <br /> ➢Ag Development and Farmland Preservation <br /> Trust Fund <br /> „,,,,,,,. ,,.., ,v„,,,, ➢Golden Leaf <br /> ➢NC Tobacco Trust Fund <br /> ➢Orange County Farm Bureau <br /> Commissioner Greene asked how healthy the Ag Development and Farmland <br /> Preservation Trust Fund is currently. <br /> Mike Ortosky said he did not know the number, but they primarily look to support <br /> easements. He said the county received funds because it needs to be someone who can hold an <br /> easement. He said it would go through a farmland protection program. He said they can find out <br /> the information for the number. <br /> Slide #18 <br /> Orange County Vision for Agriculture: 2025-2029 <br /> • Farm viability is enhanced, and farmland is maintained and <br /> stewarded for agricultural uses through judicious land use planning <br /> and educational, logistical, and financial support. <br /> • Citizens and decision-makers have the information and resources <br /> they need to support local agriculture and the farming community. <br /> • Farmers are supported in their livelihoods with educational, <br /> financial, and infrastructural resources. <br /> Commissioner Portie-Ascott asked if a farmer wants to sell, does the new buyer have to <br /> keep the property as a farm in the case of present use value. <br /> Jane Saiers said it is not a requirement. She said that present use value is a tax benefit <br /> that is associated with land that is in agriculture but if it is sold, it goes out of present use value <br /> and the tax increases. <br />