160

LAWS OF MARYLAND

Ch. 2 2

MAYOR AND CITY COUNCIL OF BALTIMORE CITY ARE AUTHORIZED TO
EXPEND FOR SCHOOLS MAY BE CONSIDERED AS LEVIED BY THE COUNTY
COUNCIL, BOARD OF COUNTY COMMISSIONERS, OR THE MAYOR AND
CITY COUNCIL OF BALTIMORE EXCEPT FOR:

(I)   STATE APPROPRIATIONS;

(II)   FEDERAL EDUCATION AID PAYMENTS; AND

(III)    THE AMOUNT OF THE EXPENDITURE AUTHORIZED
FOR DEBT SERVICE AND CAPITAL OUTLAY.

(2)   EXCEPT AS PROVIDED IN THIS SECTION, THESE
APPROPRIATIONS TO A COUNTY, ACADEMY, COLLEGE, OR UNIVERSITY
MAY NOT BE PAID FROM THE GENERAL STATE SCHOOL FUND.

REVISOR'S NOTE: This section presently appears as Art.
77, §124.

In subsection (e) (1) of this section, the words
"county council" are added to include those
counties that have that form of governing body.

The only other changes are in style.

5-202. STATE FINANCIAL ASSISTANCE FOR PUBLIC EDUCATION.

(A) DEFINITIONS.

(1)   IN THIS SECTION THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.

(2)     "ADJUSTED ASSESSED VALUATION OF REAL
PROPERTY" MEANS THE MOST RECENT ESTIMATE MADE BY THE STATE
DEPARTMENT OF ASSESSMENTS AND TAXATION BEFORE THE ANNUAL
STATE BUDGET IS SUBMITTED TO THE GENERAL ASSEMBLY OF THE
ASSESSED VALUE OF REAL PROPERTY FOR STATE PURPOSES AS OF
JULY 1 OF THE FIRST COMPLETED FISCAL YEAR BEFORE THE SCHOOL
YEAR FOR WHICH THE CALCULATION OF STATE AID IS MADE UNDER
THIS SECTION. IF THE STATE DEPARTMENT OF ASSESSMENTS AND
TAXATION ESTIMATES THAT REAL PROPERTY IN ANY COUNTY IS
ASSESSED AT OTHER THAN 55 PERCENT OF MARKET VALUE, THE
ASSESSED VALUATION OF THOSE CATEGORIES OF REAL PROPERTY THAT
ARE ESTIMATED TO BE ASSESSED AT OTHER THAN 55 PERCENT OF
MARKET VALUE, ON THE BASIS OF SURVEYS MADE UNDER ARTICLE 81,
§232(14) OF THE CODE, THAT ARE REPORTED ON OR BEFORE
NOVEMBER 1 OF THE FIRST CALENDAR YEAR BEFORE THE SCHOOL YEAR
FOR WHICH THE CALCULATION IS MADE, SHALL BE ADJUSTED TO 55
PERCENT. THIS ADJUSTMENT DOES NOT APPLY TO PUBLIC UTILITY
OPERATING PROPERTY.

(3)     "BASIC CURRENT EXPENSES" MEANS THE
EXPENDITURES MADE BY A COUNTY FROM STATE AND COUNTY REVENUE
FOR PUBLIC ELEMENTARY AND SECONDARY EDUCATION EXCLUSIVE OF:

(I) PAYMENTS FOR DEBT SERVICE, CAPITAL OUTLAY,
AND TRANSPORTATION OF STUDENTS;