2878

LAWS OF MARYLAND

Ch. 774

3.  30 percent of assessed value of
personal property as of July 1, 1981;

4.  40 percent of assessed value of
personal property as of July 1, 1982; and

5.  50 percent of assessed value of
personal property as of July 1, 1983.

(9) For calculation of State aid under this
section, the percentage of assessed value of personal
property as of July 1 of the first completed fiscal year
before the school year for which the calculation is made
shall be used.

(b) (1) Each county board and the Mayor and City
Council of Baltimore City shall receive from the State, in
the manner and subject to the limitations under this
section, an amount for each school year to be known as the
"State share of basic current expenses," which shall be
calculated as indicated in this subsection.

(2) (i) In fiscal year [1981] 1982 the State
shall share in an expenditure for basic current expenses of
[$942] $1,022 multiplied by the number of students
enrolled.

(ii) In fiscal year [1982] 1983 and
for each fiscal year thereafter, the State shall share in a
per pupil basic current expenditure program level calculated
as follows: for the third, fourth, and fifth years
preceding the fiscal year for which the program level is to
be determined a statewide average per pupil current
expenditure is calculated based upon full-time equivalent
enrollment on September 30 of each of the fiscal years and
based upon the statewide aggregate of expenditures [for
instruction, administration, pupil personnel, plant
operation, plant maintenance, health services, and fixed
charges, including local expenditures for employer social
security contributions. Excluded from these expenditures are
federal funds, which include federal impact aid, and State
aid for the following: special education excess costs,
teacher social security, teacher retirement, transportation,
adult education, drivers education, food services, school
construction, school debt service, density aid, and
compensatory aid.] WHICH SHALL:

1.  EXCLUDE DISBURSEMENTS FOR FOOD
SUBSIDY PROGRAMS AND FOOD SERVICE, EMPLOYER CONTRIBUTIONS TO
TEACHERS' RETIREMENT AND SOCIAL SECURITY PAID BY THE STATE,
STUDENT BODY ACTIVITIES, COMMUNITY SERVICES, PUPIL
TRANSPORTATION, ADULT EDUCATION, SCHOOL CONSTRUCTION, AND
DEBT SERVICE;

2.  INCLUDE DISBURSEMENTS FOR
INSTRUCTION, KINDERGARTEN THROUGH GRADE 12, PUPIL PERSONNEL
SERVICES, HEALTH SERVICES, OPERATION OF PLANT, MAINTENANCE