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Commissioners set FY2026 transferable development rights fee-in-lieu at $5,280 per TDR
Summary
Economic Development staff recommended setting the FY2026 fee-in-lieu at 120% of FY2024 fair-market value ($5,280); commissioners approved the increase and staff noted fee-in-lieu activity has recently exceeded TDR transfers on the open market.
The St. Mary's County commissioners on Sept. 23 set the FY2026 transferable development rights (TDR) fee-in-lieu at $5,280 per TDR, equal to 120% of the county's FY2024 average fair-market value of intermediate transfers as required by county ordinance.
Department of Economic Development staff explained the fee-in-lieu formula in the county zoning code: the fee is 120% of the…
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