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St. Mary's commissioners approve FY2018 budget package, set tax rate and add development impact fee
Summary
The Commissioners of St. Mary's County approved the fiscal year 2018 budget and a series of related ordinances on May 16, 2017, including a revenue ordinance that sets the county tax rate at constant yield, the addition of a development impact fee, and a new tax credit for certain elderly residents and veterans.
The Commissioners of St. Mary's County approved the county's fiscal year 2018 budget package during their meeting on Tuesday, May 16, 2017, in Leonardtown, finalizing a revenue ordinance, an appropriation ordinance, an amendment to the county code on development impact fees and an elderly/veteran tax-credit change.
Finance Director Jeanette Cudmore told commissioners the package consisted of five related motions: a revenue ordinance listing tax rates and fees; an appropriation ordinance that identifies departmental and capital project appropriations; an amendment to chapter 223 of the County Code to reinstate development impact fees; approval of the FY2018 operating and capital budget; and an amendment to chapter 267 to add a tax credit for certain elderly individuals and veterans.
Cudmore said the development impact fee for FY2018…
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