Washington Business Journal
A vaunted program to preserve agricultural land in burgeoning Montgomery County, Maryland, is looking ahead to money problems for the next five years because, paradoxically, development has been down, and development in large part pays for the program through transfer taxes and investment income, the Washington Business Journal reports. The preserve, which covers 70,000 acres, has 561 farms that put tens of thousands of people to work. (Subscription required.)
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