696                               Laws of Maryland                      [Ch. 339

(2)    The compensation of the [director] Director of Finance
shall be determined by the county commissioners in their discretion.
The [director] Director of [finance] Finance shall be required to
furnish bond with corporate surety conditioned upon the proper per-
formance of his duties in [such] whatever amount [as] the county
commissioners shall prescribe. The premium for the bond shall be
paid [out of] with county funds.

(3)    The [director] Director of [finance] Finance shall have
the following powers and duties:

(i) To supervise the financial administration of each office, de-
partment, board, commission, institution or other agency of county
government, including all government agencies supported wholly or
partially by county funds; to periodically study and investigate the
organization and management and the bookkeeping and accounting
procedures of [such] those agencies; and to direct [such] those
agencies to adopt and follow [such] whatever method of conducting
their offices or of keeping books and accounts, [or to] and make
[such] whatever reports [in such forms as] the [director] Direc-
tor of [finance] Finance may deem advisable and may prescribe,
provided, however, that where State statutes or regulations are in

conflict with actions or directions of the Director of Finance, the

State statutes or regulations shall govern GOVERNMENT AGEN-
CIES NOT COVERED BY THE PROVISIONS OF THIS SEC-
TION SHALL MAKE AVAILABLE TO THE DIRECTOR OF
FINANCE SUCH BOOKS, ACCOUNTS, RECORDS, AND RE-
PORTS AS HE MAY REQUIRE.

(ii) To establish and maintain current accounts of all appropria-
tions, revenues and disbursements made by the county commissioners
[so as] to show in detail the appropriations made to each account,
the sources thereof, the amounts drawn thereon, the purposes for
which [such amounts were] expended, and the unencumbered bal-
ance thereof; and to submit to the county commissioners at least
monthly a summary showing the amounts received, expended and
on hand in each account as of that date.

(iii) To prescribe the forms and to supervise and direct the prep-
aration of all county budget [submissions] requests and to assist in
the preparation of all county budgets.

(iv) To keep the board of county commissioners and Director of
Administration advised on the financial condition of the county and
make [such] whatever recommendations as may seem to him advis-
able; to remain continually available to advise the Director of
Administration and county commissioners on all financial matters
including but not limited to investment of county moneys and pur-
chase and issuance of bonds; and to submit at least once a year to the
county commissioners a complete financial statement showing the
assets, liabilities and financial condition of the county.

(v) To control and supervise all county expenditures on the
basis of authorized budget allotments, insofar as they are not subject
to any State law or regulation, and to report monthly thereon to the
several offices, departments, boards, commissions, and other agen-
cies of the county government.