800                              Laws of Maryland                       [Ch. 582

the estimated assessable basis, together with the estimated tax rates
or rates required by the recommended appropriations. This statement
should be in comparative form showing estimated receipts for the
current year, the taxable basis, and the current rate.

(d)   A list of payments to be made upon principal and interest of
outstanding debts of Cecil County during the ensuing fiscal year.

(e)   A list of all other anticipated expenses, including a proper
allowance for a contingent fund, not exceeding $25,000.00 $75,000.00
per year.

(f)   The proposed budget may properly include appropriations for
the purpose of purchasing, improving or erecting buildings or con-
structing capital improvements for the purpose of conducting duly
authorized county functions, or for the purpose of creating a fund
for capital improvements beyond the current year.

132C. In each year DURING THE MONTH OF APRIL the Board
of Estimates prior to the adoption of the budget shall, after public
notice (WHICH SAID PUBLIC NOTICE SHALL ALSO CONTAIN
A COPY OF THE PROPOSED BUDGET) hold at least one TWO
public hearing HEARINGS on the proposed budget. ONE OF WHICH
SHALL BE HELD DURING EVENING HOURS. Public notice of
the time and place of said hearing shall be given by at least one
week's notice in at least two newspapers of general circulation in Cecil
County. From [June 1st until July 1st] April 1st to May 1st in each
year at least one copy of such proposed budget shall be available for
public inspection at the office of the Board of Estimates during all
regular business hours.

124. (a) During the period from [June 1st to July 1st] April
1st to May 1st in each year, the Board of Estimates of Cecil County
are authorized and empowered to revise the proposed budget and
any part thereof by increasing, decreasing, eliminating or adding
items provided that there shall be no consolidation of items in such
manner as to reduce the detailed statement of the appropriations.
They shall further be authorized to revise the schedule of antici-
pated receipts and estimated rates in such manner as they may deem
necessary.

(b) No later than [June 1st] May 1st in each year, or on the first
day thereafter, if June MAY 1st be a legal holiday, the Board of Esti-
mates, of Cecil County shall by a majority vote adopt the final budget,
schedule of anticipated receipts, fix the tax rate and impose the levy
for the ensuing fiscal year. Such levy together with any surplus county
funds and all other revenues from all other sources as shown by
the schedule of anticipated receipts, must be sufficient to cover the
total appropriations in the budget. The final budget, schedule of
anticipated receipts and levies so adopted shall be signed by a ma-
jority of the Board of Estimates, certified by their Clerk, and at
least one copy kept on record at the office of the County Commis-
sioners, open to public inspection during regular business hours
throughout the fiscal year which it covers.

Explanation: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.