** Archived Article - please check for current information. **
November 20, 2014S.C Conservation Bank to conserve more than 31,000 acres over next fiscal year
The South Carolina Conservation Bank just wrapped up another successful Board meeting on Wednesday, Nov. 5, 2014. For Fiscal Year 2014-2015 the Conservation Bank’s revenues from the Documentary Stamp Tax have steadily increased over the past year. The General Assembly approved a budget of $9.8 million allowing the Conservation Bank to further strive to complete its mission of protecting and preserving the vital resources which make South Carolina a special place.
Overall, 26 properties were approved by the Board to be funded during the upcoming Fiscal Year. The new approved grants have a total of 31,620 acres combined for an average cost per acre of $421. These new grants, joined with the previously approved grants since the Conservation Bank’s inception back in 2002, will raise the total acreage conserved mark to over 247,722 acres to date. The new grants included 160 acres to be added to Paris Mountain State Park; a valuable addition of an inholding in Jocassee Gorge; a Lowcountry public park; and a large tract in the midstate to be part of a S.C. Department of Natural Resources (DNR) Wildlife Management Area tract. The Conservation Bank works with the various land protection agencies across the state, and voluntary landowners in South Carolina to conserve these important tracts for the benefit of all South Carolinians for years to come.
Information concerning the Conservation Bank including an updated online application and facts about the recently approved tracts can be found on the Bank’s website. Also, be sure to check out the news feature on the home page for any related events regarding the Conservation Bank. The next application deadline is Jan. 31, 2014.
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