Marvin Mandel, Governor                        1693

actually expended by the counties or city under this subsection shall
be divided by the sum of fifty cents (50¢) multiplied by the
population in said county or city, the quotient being deemed
to be the number of years of accumulation of the funds so
expended; (ii) if the quotient contains a fraction, it shall be rounded
off to the nearest whole number; (iii) for the number of years equal
to the said quotient, as rounded off, commencing with the year in
which the total actual expenditure was made, there shall be paid to
the board of county commissioners, county council, or the mayor and
city council of Baltimore, in each of said years, an amount deter-
mined in accordance with the formula provided in subsection (c) of
this section.

(f) For the fiscal year 1972-1973 and each year thereafter, the

following calculation shall be made for each county or Baltimore

City: an amount equal to the difference between the sum of fifty

cents (50¢) multiplied by the population of the county of Baltimore

City as defined in subsection (b) of this section, and the amount

realized by the levy of one-half cent (½¢) on each hundred dollars

of assessed valuation for county or city purposes for the previous year
as reported by the State Department of Assessments and Taxation.

In the event that the amount arrived at by the calculation exceeds

the State's share calculated in subsection (b) of this section, the

State shall pay the larger amount to such county or Baltimore City;

provided, that if the county or Baltimore City does not provide local

funds equivalent to one-half cent (½¢) on each hundred dollars of

assessed valuation, the State's share in this calculation shall be equal
to the difference between the same fractional part of fifty cents
(50¢) multiplied by the population in the county of Baltimore City
and the amount realized from the levy of the fractional part, of one
half cent (½¢) on each hundred dollars of assessed valuation. Not-
withstanding the foregoing any subdivision which expends for the

purposes in subsection (a) at least fifty cents (50¢) per capita is

entitled to a State share which is not less than the amount actually

paid by the State for the same purpose for the 1971 fiscal year.
178.

(a) All money, levied and collected by the several counties and
all other funds paid to the respective counties by the State or any
federal agency or received from any other source whatsoever, for
library purposes or uses, shall be deposited to the credit of the library
fund, and shall be kept separate and apart from all other funds of the
county UTILIZED SOLELY FOR THE PURPOSES OF THIS SUB-
TITLE, and be paid out only on the order of the board of library
trustees, or on order of the librarian in such form and under such
conditions as the trustees OR THE COUNTY may by rules and regu-
lations prescribe.

(b) The State Board of Education may accept for the State of

Maryland any appropriation of money and/or materials for any
library purposes which may hereafter be made from the federal treas-

ury or from federal property, by any act or acts of the Congress of

the United States, or pursuant thereto, or from any other source.

The State Board of Education is hereby constituted the agency for
the expenditures and administration of any such funds or materials.