SPIRO T. AGNEW, Governor                         95

an annual audit of its business and financial transactions and of the
accounts of its treasurer by an accountant or accountants approved
by the State Superintendent of Schools, and the results of this audit
shall be made public by the county board of education. Provided,
that the county boards of education of Allegany, Anne Arundel,
Calvert, Carroll, Cecil, Charles, Wicomico, Garrett, Talbot and Mont-
gomery counties shall also submit to the boards of county com-
missioners of their respective counties within ninety (90) days after
the close of its fiscal year each year an annual report containing the
following information: (1) a statement showing the source, and
application of all funds received and expended by it, and the balance
remaining in each account; (2) a consolidated statement showing
the operating results, receipts, expenditures, and balances, of the
operations and activities conducted by the public schools of the coun-
ties. For the purpose of preparing such statement the separate
schools of the county shall be required to follow a uniform method
of reporting to be prescribed by the county superintendents of
schools. All monies, including money derived from independent school
activities in excess of two hundred fifty dollars ($250.00) shall be
included in these reports.

It shall be the duty of the county superintendent of schools to have
these two statements published at least twice in newspapers of the
respective counties.

The county commissioners of each county may appoint an auditor
of their own selection to audit the books and accounts of the county
superintendents of schools and of the county boards of education of
Allegany, Anne Arundel, Calvert, Charles, Garrett, Harford, Talbot
and Montgomery counties, if they deem such audit necessary. Pro-
vided, that County Commissioners of Cecil County shall appoint an
auditor of their own selection to annually audit the books and accounts
of the superintendent of schools and of the County Board of Educa-
tion of Cecil County. In Anne Arundel County, the fiscal year of the
County Board of Education shall begin on July 1 of each year and
end on June 30 of the following year.

Sec. 2. And be it further enacted, That this Act shall take effect
June 1, 1967.

Approved March 24, 1967.

CHAPTER 85
(House Bill 862)

AN ACT to repeal Chapter 661 of the 1961 Laws of Maryland, which
authorized the County Commissioners of Charles County to borrow
$1,000,000.00 for road construction, reconstruction and mainte-
nance.

Section 1. Be it enacted by the General Assembly of Maryland,
That Chapter 661 of the 1961 Laws of Maryland be and it is hereby
repealed.