Michael Frank
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Many local governments in southeastern PA and adjoining areas in NJ have passed bond referenda and other measures for the purchase of land or conservation easements for open space purposes. In Bucks County, PA, 14 municipalities have raised over $90 million and others have passed earned income and real estate tax measures. Studies indicate it is simply less expensive to make these investments in land that for the taxpayers of the community to fund the shortfall between the costs of residential development and the tax revenues generated. Heritage Conservancy has published Opportunity Knocks: Open Space as a Community Investment. This study will be updated and revised in 2001. We are looking for additional related information. Contact Mike Frank (email address deleted)