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Agriculture department: preservation funding dips in FY26 as transfer tax drops; cost‑share covered by fund balance
Summary
The Maryland Department of Agriculture told the committee that funding for the Agricultural Land Preservation program declines in FY26 because transfer tax receipts are lower, and that no new FY26 funding is planned for the Maryland Agricultural Cost Share program because available fund balance will cover current needs.
Andrew Gray, presenting the Department of Agriculture analysis for DLS, told the subcommittee that Maryland Agricultural Land Preservation Program funding declines between FY25 and FY26 because transfer tax revenue estimates are reduced. Gray said the out years in the CIP reflect projected recovery of the transfer…
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