Montgomery County sentinel. [volume] (Rockville, Md.) 1855-1974, 1943-05-20

fiscal year and the estimated
available resources at the close of
the current fiscal year;
z. Such other items as the
County Manager may require.
c. On or before May 25th of
each year the County Manager
shall submit to the County Coun-
Gil in Executive Session an ex-
pense budget for the next fiscal
year, showing both in detail and
summary form
1. The departmental estimates
and the County Managers recon-
mended appropriations for current
expenses for each department or
agency and for other purposes
for the next fiscal year.
2. Recommended appropria-
tons for debt service for the next
fiscal year.
3. Estimates of receipts from
taxes and other revenues and
recommended borrowing, if any,
for the next fiscal year.
A. The statement of the direc-
tor of finance supplemented by
him to include corresponding data
up to June LIST.
5. Such explanatory statement
and other data as the County
Manager deems advisable or the
County Council may require.
d. The departmental estimates,
statement of the director of fin
ance, and expense budget as sub
mitted to the County Council by
the County Manager shall be
public documents open to public
inspection and copies shall be
made available to the public. The
County Council in Executive Ses-
sion shall by press release give
due notice of public hearings on
the expense budget to be held be.
tween June 10th and 18th. Any
taxpayer of the County or his
representative, the County Mana
ger and the head of any depart
ment or other agency shall be
entitled to be heard at such hear
ing.
e. Following such hearings
and not later than June 30th the
County Council in Executive Ses-
sion shall finally adopt an expense
budget for the next fiscal year
and by resolution appropriate the
amount of the expense items in
Guiding all sums necessary during
such year for authorized capital
projects and debt service. No
increase in any expense item
thereof as recommended by the
County Manager shall be made or
additional expense item added ex-
cept on affirmative vote of at
least 6 members of the County
Council after public notice by
press release and opportunity for
public hearing on the proposed in
crease or additional item. Copies
of the budget as adopted shall
be made available for the public.
f. No expenditure for any ex-
pense item shall be made or in
CURED or contracted to be made
or incurred in excess of the
available unencumbered appro-
priation for such expense item,
except that the County Manager
may, with the approval of the
County Council. transfer to the
appropriation for any expense
budget item or any new item not
more than 10 per cent of the
amount of the appropriation for
any other item deemed in excess
of the amount required for the
item from which the transfer is
made.
g. In the budget there shall
be segregated items of expense
for salaries, wages, office sup
plies and expenses, and other sup
plies, materials and equipment for
each department or agency.
SEC. 2. CGpitGl Budget. a.
The term capital project" shall
1. Any physical public better
ment or improvement or any pre-
liminary studies or surveys rela-
tive thereto.
2. The acquisition of property
of a permanent nature.
3. The purchase of equipment
for any public betterment or i'm
provement when first erected or
acquired. The term shall not in
clude any public betterment or
Improvement, the acquisition of
any real property, or the purchase
of any equipment, if the total
cost and expense thereof is to be
paid out Of the proceeds of
assessments, nor shall the term
include the requirement. of any
road.
b. On or before May 10th of
each year the head Of each de-
partment shall submit to the
County Manager a detailed esti-
mate of all capital projects pend
ing and of all capital projects
which he believes should be under
taken within the next five fiscal
years, in such form as the Coun-
ty Manager shall prescribe. At
the same time the director of
finance shall submit to the Coun-
ty Manager, in such form as the
County Manager shall prescribe,
an itenized statement of the out
standing bonds, notes, certificates
of Indebtedness and other obliga-
tons of the County, and the
amounts Of principal maturing
and the amounts of interest due
for each year until the obligation