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Land value & value-capture taxation are designed to tax the increase in land value that occurs because of public investment in approximate infrastructures. As a form of real estate taxation, it is a tax on land values only, not taking into account the value of the buildings and infrastructure. The tax revenue can be a result of investment in NBS and/or used for the implementation or maintenance of NBS.
There is well-established research on the positive effect of park and trail investments on the value of adjacent properties. Construction of the High Line in New York City and 606 Trail in Chicago both increased the value of the nearby property. If a portion of that value increase were recaptured through higher land value taxes, those revenues could support the operation, maintenance, and debt service costs of parks.