Source: https://govt.westlaw.com/mdc/Document/NDD779280ABEF11E19542A1503AD502BA?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)
Timestamp: 2017-08-18 22:21:28
Document Index: 8117301

Matched Legal Cases: ['§ 5', '§ 5', '§ 2', '§ 3', '§ 3', '§ 1', '§ 1', '§ 6', '§ 1', 'Art. 77', '§ 117', '§ 5', '§ 5']

§ 5-101. Annual budget
West's Annotated Code of MarylandEducationEffective: June 1, 2012
Education (Refs & Annos)
Division II. Elementary and Secondary Education [Titles 2-9.5] (Refs & Annos)
Title 5. Financing (Refs & Annos)
Subtitle 1. Budget and Reporting Requirements (Refs & Annos)
MD Code, Education, § 5-101
(a)(1) Subject to the rules and regulations of the State Board and with the advice of the county superintendent, each county board shall prepare an annual budget according to:
(2) In addition to the information required by this section, the county fiscal authorities may require the county board to provide details to the service areas and activities levels in the account structure within the “Financial Reporting Manual for Maryland Public Schools”.
Categories included in budget
(b) The budget shall be prepared to include the following categories:
(3) School construction fund, estimated receipts:
(ii) Sale of bonds;
(iii) State General Public School Construction Loan;
(iv) Revenue from State sources;
(v) Revenue from federal sources;
(vi) Unliquidated surplus, the actual from the previous fiscal year and the estimated for the current fiscal year, whether accrued from revenues or expenditures; and
(vii) Funds from all other sources, with identification of the source.
(4) School Construction Fund, requested appropriations:
(i) Land for school sites;
(ii) Buildings and the equipment that will be an integral part of a building by project;
(iii) School site improvement by project;
(iv) Remodeling by project;
(v) Additional equipment by project;
(vi) Debt service; and
(vii) An amount that is adequate to satisfy a final court judgment that, after exhaustion of the rights of appeal, is rendered against the county board of education or any of its officers or employees.
Montgomery County Board of Education requirements
(c) In addition to all other information required by this section, the Montgomery County Board of Education, on request of the County Executive and County Council, shall provide with the annual budget the program implications of recommendations for reductions to or increases in its annual budget, at whatever different levels of funding and accompanied by whatever reasonable supporting detail and analysis, as may be specified by the County Executive and County Council. Prior to the submission of the annual budget, similar information shall be submitted by the Superintendent of Schools upon request by the County Executive or County Council.
Addendum with estimated expenditures for special education
(d) The budget document shall contain an addendum showing estimated expenditures for special education as defined by the “Financial Reporting Manual for Maryland Public Schools”.
Cecil County Board of Education requirements
(e) In addition to all other information required by this section, the Cecil County Board of Education, on request of the Cecil County Board of Estimates, shall provide with the annual budget separate information on the number of and costs associated with school-based noninstructional personnel.
Prince George’s County Board of Education requirements
(f)(1) In addition to all other information required by this section, the Prince George's County Board of Education shall provide to the County Executive and County Council with the annual budget, information relating to each of the following categories:
(i) Instructional supplies and materials;
(ii) Additional equipment; and
(iii) Replacement equipment.
(2) For the categories specified in paragraph (1) of this subsection, the following information shall be provided for the public school system in the county:
(i) Proposed expenditures for the next school year based on the annual budget;
(ii) Estimated expenditures for the current school year; and
(iii) Actual expenditures for the prior school year.
Added by Acts 1978, c. 22, § 2, eff. July 1, 1978. Amended by Acts 1978, c. 692; Acts 1979, c. 743; Acts 1980, c. 472; Acts 1981, c. 2, § 3; Acts 1981, c. 537; Acts 1983, c. 551; Acts 1985, c. 10, § 3; Acts 1992, c. 472; Acts 1992, c. 565; Acts 1996, c. 175, §§ 1 to 3, eff. June 1, 1996; Acts 1999, c. 646, § 1, eff. Oct. 1, 1999; Acts 2001, c. 29, § 6, eff. April 10, 2001; Acts 2012, 1st Sp. Sess., c. 1, § 1, eff. June 1, 2012.
Formerly Art. 77, § 117.
MD Code, Education, § 5-101, MD EDUC § 5-101
Current through legislation effective July 1, 2017, from the 2017 Regular Session of the General Assembly