Ch. 360                             MARVIN MANDEL, Governor                                 803

BE PUT.

[[128.

(b) For the school year 1967-68 and thereafter, the board of education of each
county and the mayor and city council of Baltimore shall be entitled to, and shall
be paid, each year in the manner and subject to the limitations hereinafter
provided, an amount to be known as "State share of current expenses" which shall
be calculated as follows for each county and Baltimore City.

(1)  Current Expense Cost to Be Shared. The State shall share in an adjusted
expenditure for current expenses of $370 multiplied by the number of pupils
enrolled on September 30 of each year.

(2)   Adjustment for Increased Enrollment. An amount shall be added to the
product of (1) equal to $30 multiplied by an increase in enrollment above
September 30 of the preceding year. For fiscal 1967-68 only, there shall be added
to the product of (1) an amount equal to $30 multiplied by 50 percent of total
enrollment of kindergarten pupils enrolled as of September 30, 1967.

(3)  Adjustment for Prescribed Salaries and Staffing Level. The total amount of
prescribed salaries for each subdivision, as required in §§ 112, 57 and 68 shall be
calculated for all employed professional staff members allowed under § 68(c). Any
positive difference between this amount and the product of 45 staff members per
1,000 pupils enrolled, multiplied by $6,645, shall be added to the product of
current expense cost calculated under paragraph (1) above for that subdivision and
any negative difference shall be subtracted.

In calculating the total amount of required prescribed salaries for subdivisions
which employ more professional staff members than the allowed number, the
number of allowed staff members shall be multiplied by the average prescribed
salary for the total number of professional staff members employed. Further, in
calculating the total amount of required prescribed salaries for all subdivisions, no
adjustments shall be made for salary changes due to turnover in allowed positions
after October 31 of any school year, and no adjustments shall be made for allowed
staff members added or eliminated after March 1 of any school year.

(4)  Local Share. To be eligible to receive the State share of current expenses,
the board of county commissioners of each of the several counties and the mayor
and city council of Baltimore shall levy an annual tax for public schools sufficient
to provide an amount equal to [1.228] THE percent of the sum of the adjusted
assessed valuation of real property and net taxable income for each of the several
counties and Baltimore City, exclusive of the amount levied for debt service or
capital outlay for public schools[. For each year the State percentage share of
current expenses shall be calculated for the counties and Baltimore City which are
not affected by the provisions of paragraph (6) of this subsection, by dividing the
sum of the State share of current expenses as calculated under paragraph (5) of
this subsection by the total adjusted expenditure for current expenses as determined
in paragraphs (1), (2), and (3) of this subsection. In any year after 1967-68 if the
State percentage share in the aggregate for all such counties and Baltimore City is
less than the State percentage share for the aggregate of the same counties and
Baltimore City as calculated for the year 1967-68 by 0.5 or more the annual levy
required in this paragraph shall be reduced by that percent of the sum of the adjusted
assessed valuation of real property and net taxable income necessary to restore for the
current year the State percentage share of current expenses calculated for the year
1967-68] DETERMINED BY DIVIDING SIXTY PERCENT OF THE TOTAL
ADJUSTED EXPENDITURES FOR ALL COUNTIES AND BALTIMORE
CITY AS DETERMINED IN PARAGRAPHS (1), (2), AND (3) OF THIS
SUBSECTION BY THE TOTAL ADJUSTED ASSESSED VALUATION OF
REAL PROPERTY AND NET TAXABLE INCOME OF ALL COUNTIES
AND BALTIMORE CITY.