THEODORE R. McKELDIN, GOVERNOR                     659

program of capital improvements with such additions or deletions
as they shall determine, with recommended priority of projects and
the proposed means of financing them to be undertaken (a) within
the ensuing two fiscal years, and (b) within the four fiscal years
thereafter. On or before March 1st they shall transmit the proposed
capital program with their recommendations to the Board of Finance
hereinafter created.

The County Commissioners shall appoint three qualified voters of
Baltimore County who are expert in financial affairs, whose term of
office shall be coterminous with that of the County Commissioners,
as the Board of Finance. The said Board shall select one of its num-
ber to be chairman. It shall be the duty of said Board to review the
capital program presented to them by the Office of Planning with
particular regard to the means of financing it and to transmit the
said program to the County Commissioners with their recommenda-
tions no later than April 1st.

The County Commissioners, with the assistance of the Budget
Director, shall prepare therefrom a capital program for the next two
ensuing fiscal years and shall cause the proposed issuance of bonds
or certificates of indebtedness to finance the same to be submitted
to a referendum of all the registered voters of Baltimore County for
their approval or rejection at the next general Election.

In preparing a capital program, the County Commissioners shall
consider the program presented by the Office of Planning and the
recommendations of the Board of Finance, but may make such amend-
ments as they shall determine.

The Budget Director shall take the capital program approved by
the Commissioners and the capital program for the four years there-
after, and shall integrate them into the comprehensive budget docu-
ment and shall present the same to the County Commissioners at the
same time as he presents the current expense budget. He shall in-
clude in the Budget a listing of the capital projects planned for the
two ensuing and four subsequent years and the proposed means of
financing them. He shall include in the budget message a discussion
of any changes made therein in the program submitted by the Plan-
ning Commission and recommended by the Board of Finance.

The capital budget and program shall be adopted at the same time
as the current expense and operating budget.

Capital expenditures to be financed from current revenues in the
two ensuing fiscal years shall be included in the respective current
expense budgets as appropriations to the capital fund as well as in
the capital budget

Three copies of the budgets and capital program as adopted shall
be certified by the Commissioners and their Secretary. One copy
shall be filed in the office of the Commissioners, and one each in the
offices of the Director of Finance and the Planning Commission.
Copies of the budget and capital program as so certified shall be made
available for public inspection.

51. If during any fiscal year the Director of Finance certifies that
there is available for appropriation unencumbered and unappro-
priated funds set aside for contingencies in the Budget, the County