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2 - Town of Colchester

2 - Town of Colchester

2 - Town of Colchester

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Perceived Open Space<br />

The PA-490 program (CGS 12-107) allows a <strong>Town</strong> to assess land as farm, forest, or open space, reducing the tax burden<br />

on those parcels. While the program does not permanently preserve open space, the program removes the local property<br />

tax burden as a reason that property might be developed and, in that way, it can spread development out over time and<br />

maintain the perception <strong>of</strong> open space in <strong>Colchester</strong>. The program can also provide additional time to find ways to<br />

preserve the property as dedicated open space.<br />

About 45 percent <strong>of</strong> all land in <strong>Colchester</strong> currently participates in the farm and forest components <strong>of</strong> the PA-490<br />

program. While farm or forest land is designated by the assessor, only land holdings that exceed 25 acres in size are<br />

eligible. On the other hand, the open space component <strong>of</strong> PA-490 can be applied to parcels <strong>of</strong> any size provided:<br />

• the eligible land is identified in the Plan <strong>of</strong> Conservation & Development, and<br />

• an Open Space Plan has been adopted by the legislative body (<strong>Town</strong> Meeting in <strong>Colchester</strong>).<br />

Properties that are converted out <strong>of</strong> the PA-490 program within ten years <strong>of</strong> designation pay a “recapture” fee for the<br />

reduced assessment.<br />

Some communities recommend that any portion <strong>of</strong> a residential parcel that exceeds the minimum lot size for the zone is<br />

eligible for the open space assessment provided that the area that receives the assessment is greater than the minimum lot<br />

size for the zone. Land that is used for business or utility purposes is typically excluded. Some communities require reapplication<br />

for PA-490 designation as part <strong>of</strong> any revaluation (thereby restarting the ten-year recapture provision) while<br />

other communities allow the designation to continue once granted.<br />

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