Montgomery County, MD

 

Pursuant to Chapter 52, Article IV and Article V of the Montgomery County Code (Development Impact Tax for Transportation Improvements and Development Impact Tax for Public School Improvements, respectively), the Director of Finance has adjusted the tax rates set under Sections 52-49 and 52-55. As prescribed by law, the Director must adjust the Transportation Improvements tax rates by the annual average increase or decrease in a published construction cost index specified by regulation for the two most recent calendar years. The Director must calculate the adjustment to the nearest multiple of 5 cents for rates per square foot of gross floor area or one dollar for rates per dwelling unit. Based on the change in the Engineering-News Record's Baltimore Construction Cost Index for calendar years 2017 and 2018, the existing rates were increased by a rate of 10.83% percent. The rates were adjusted to the nearest 5 cents for rates calculated per square foot of gross floor area (GFA) or adjusted to the nearest dollar for rates calculated per dwelling unit.

The revised Schools Impact Tax Rates were developed by the Montgomery County Planning Board staff, with input from Montgomery County Public Schools staff, and are based on 2018-2019 school year construction costs and enrollment data. The current rates and the new rates are as shown in the accompanying text, and published in the May edition of the County Register.

	Existing Rates	New Rates
Residential
Red
Single-family detached	$7,072	$7,838
Single-family attached	$5,786	$6,413
Multi-family residential (except high-rise)	$4,499	$4,986
High-rise residential	$3,213	$3,561
Multi-family senior residential	$1,285	$1,424
Orange
Single-family detached	$17,677	$19,591
Single-family attached	$14,464	$16,030
Multi-family residential (except high-rise)	$11,247	$12,465
High-rise residential	$8,034	$8,904
Multi-family senior residential	$3,214	$3,562
Yellow
Single-family detached	$22,097	$24,490
Single-family attached	$18,080	$20,038
Multi-family residential (except high-rise)	$14,059	$15,582
High-rise residential	$10,042	$11,130
Multi-family senior residential	$4,017	$4,452
Green
Single-family detached	$22,097	$24,490
Single-family attached	$18,080	$20,038
Multi-family residential (except high-rise)	$14,059	$15,582
High-rise residential	$10,042	$11,130
Multi-family senior residential	$4,017	$4,452
Non-Residential (per square foot GFA)
Red
Office	$6.45	$7.15
Industrial	$3.25	$3.60
Bioscience facility	$0.00	$0.00
Retail	$5.75	$6.35
Place of worship	$0.00	$0.00
Private elementary and secondary school	$0.50	$0.55
Hospital	$0.00	$0.00
Social Service Agency	$0.00	$0.00
Other non-residential	$3.25	$3.60
Orange
Office	$16.15	$17.90
Industrial	$8.05	$8.90
Bioscience facility	$0.00	$0.00
Retail	$14.45	$16.00
Place of worship	$0.00	$0.00
Private elementary and secondary school	$1.30	$1.45
Hospital	$0.00	$0.00
Social Service Agency	$0.00	$0.00
Other non-residential	$8.05	$8.90
Yellow
Office	$20.20	$22.40
Industrial	$10.10	$11.20
Bioscience facility	$0.00	$0.00
Retail	$18.00	$19.95
Place of worship	$0.00	$0.00
Private elementary and secondary school	$1.65	$1.85
Hospital	$0.00	$0.00
Social Service Agency	$0.00	$0.00
Other non-residential	$10.10	$11.20
Green
Office	$20.20	$22.40
Industrial	$10.10	$11.20
Bioscience facility	$0.00	$0.00
Retail	$18.00	$19.95
Place of worship	$0.00	$0.00
Private elementary and secondary school	$1.65	$1.85
Hospital	$0.00	$0.00
Social Service Agency	$0.00	$0.00
Other non-residential	$10.10	$11.20

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