HARRY HUGHES,

Governor

1815

SECTION 2. AND BE IT FURTHER ENACTED, That section(s)
of the Code of Public Local Laws of Maryland be repealed,
amended, or enacted to read as follows:

Article 19 - St. Mary's County

CHAPTER 27. BUDGETARY AND FISCAL PROCEDURES

27-1.

THE FISCAL OR BUDGET YEAR AND THE TAX YEAR OF THE
COUNTY SHALL BEGIN ON JULY 1 AND SHALL END ON JUNE 30 OF THE
SUCCEEDING YEAR, UNLESS OTHERWISE PRESCRIBED BY STATE LAW.

27-2.

(A)   IN THIS CHAPTER THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.

(B)   "COUNTY GOVERNMENT" INCLUDES ALL OFFICES, COURTS,
DEPARTMENTS, INSTITUTIONS, CORPORATIONS, BOARDS,
COMMISSIONS, AGENCIES AND THEIR OFFICERS, AGENTS AND
EMPLOYEES WHO RECEIVE OR DISBURSE COUNTY FUNDS.

(C)   "CAPITAL PROJECT" MEANS:

(1)   ANY PHYSICAL PUBLIC BETTERMENT OR
IMPROVEMENT AND ANY PRELIMINARY STUDIES AND SURVEYS RELATIVE
THERETO;

(2)   THE ACQUISITION OF PROPERTY OF A PERMANENT
NATURE FOR PUBLIC USE; AND

(3)   THE PURCHASE OF EQUIPMENT FOR ANY PUBLIC
BETTERMENT OR IMPROVEMENT WHEN FIRST CONSTRUCTED.

(D)   "CAPITAL BUDGET" MEANS THE PLAN OF THE COUNTY TO
RECEIVE AND EXPEND FUNDS FOR CAPITAL PROJECTS DURING THE
FIRST FISCAL YEAR INCLUDED IN THE CAPITAL PROGRAM.

(E)   "CAPITAL PROGRAM" MEANS THE PLAN OF THE COUNTY TO
RECEIVE AND EXPEND FUNDS FOR CAPITAL PROJECTS DURING THE
FISCAL YEAR COVERED BY THE CAPITAL BUDGET AND THE NEXT
SUCCEEDING 5 FISCAL YEARS THEREAFTER.

(F)   "CURRENT EXPENSE BUDGET" MEANS THE PLAN OF THE
COUNTY TO RECEIVE AND EXPEND THE FUNDS FOR CHARGES INCURRED
FOR OPERATION, MAINTENANCE, INTEREST AND OTHER CHARGES FOR
THE ENSUING FISCAL YEAR.

27-3.

(A) THE COUNTY BUDGET SHALL CONSIST OF THE CURRENT
EXPENSE BUDGET, THE CAPITAL BUDGET AND CAPITAL PROGRAM, AND
THE BUDGET MESSAGE. IT SHALL REPRESENT A COMPLETE FINANCIAL