The agricultural advisory report, presented during the meeting, detailed the township’s efforts to enhance the Farmland Preservation Program. The report highlighted that Franklin Township annually generates about $125,000 from a dedicated property tax for open space initiatives, which can be allocated towards recreation, farmland preservation, and historic renovation. With $550,000 in the fund, the township aims to preserve 135 acres this year, contributing $60,000, complemented by state and county funds. The state covers 60% of the preservation costs, while the remaining 40% is equally split between the county and township.

A key topic of discussion was the newly proposed valuation formula by the New Jersey Agriculture Development Committee. This formula is anticipated to increase appraisal values by approximately 20% to reflect current market conditions, including the impact of warehousing and solar fields on farmland value. The formula will consider factors such as proximity to already preserved farms and soil quality, offering higher appraisals for farms meeting these criteria. Concerns were raised about the fairness of this new approach, especially regarding appraisals conducted before and after the formula’s implementation. Some board members expressed difficulty in understanding the logic behind the adjustments but agreed to seek further clarification.

In routine business, Jason Brandt was sworn in as a new board member, and Joseph Petsch was elected as board chairman. Nominations and appointments for various positions, including solicitor, vice chair, and board secretary, were completed. The board confirmed CME Engineering as the official engineer planner and designated South Jersey Times as the official newspaper. The board also set its meeting calendar for the year.

The meeting also addressed an application, PB 2409, which was rescheduled due to notification errors to certain property owners. This application will be heard at the next board meeting in February. Additionally, discussions covered recent affordable housing rules, with intentions to review and implement changes as needed in the township.