HARRY HUGHES, Governor

2879

OF PLANT, ADMINISTRATION, AND FIXED CHARGES, INCLUDING
TEACHERS' RETIREMENT AND TEACHERS' SOCIAL SECURITY
CONTRIBUTIONS PAID BY THE SUBDIVISIONS;

3. BE REDUCED BY THE FOLLOWING
REVENUES TO THE SUBDIVISIONS: STATE DRIVERS' EDUCATION AID,
STATE DENSITY AID, STATE COMPENSATORY AID, AND STATE
HANDICAPPED EDUCATION AID, ALL FEDERAL AID EXCEPT THAT FOR
ADULT EDUCATION, FOOD SUBSIDY, SCHOOL CONSTRUCTION, YOUTH
SERVICES, MULTISERVICE CENTERS, AND ANY OTHER AID NOT
APPLICABLE TO THE EXPENDITURE CATEGORIES NOTED IN
SUB-SUBPARAGRAPH 2.

(III) The averages of the statewide per
pupil expenditures for each of the 3 years are summed and
divided by three. The quotient resulting from this division
is multiplied by .75 and the resulting product is the per
pupil program level. The per pupil amount is multiplied by
the number of students enrolled to determine the basic
current expense funding program in which the State shall
share.

[(iii)] (IV) The General Assembly may
change by statute the per pupil program level at any time.
Unless changed by statute, the per pupil program level in
which the State and the subdivisions share shall be
determined as described in (i) and (ii) above, except that
in no event shall the percentage increase of the per pupil
program level for a fiscal period relative to the per pupil
program level of the preceding fiscal period be greater than
the average of the annual percentage increases in the United
States all items unadjusted consumer price index for the
Baltimore metropolitan area and the same index for the
Washington, D. C. metropolitan area as measured from
September of the second preceding year to September
preceding the beginning of the fiscal year for which school
aid calculations are being made, or 8 percent, whichever is
the lesser percentage figure.

(3)  To be eligible to receive the State share of
basic current expenses, the county governing body shall levy
an annual tax sufficient to provide an amount of revenue for
elementary and secondary public education purposes equal to
the product of the wealth of the county and a uniform
percentage determined for each fiscal year. This uniform
percentage shall be determined as follows: The sum of the
basic current expenses to be shared for all of the counties
shall be multiplied, for the first $624 by 0.45, for the
balance of the per pupil basic current expenditure level as
provided in paragraph (2) of this subsection by 0.50, and
this product shall then be divided by the sum of the wealth
of all of the counties; the resulting quotient, expressed as
a percentage rounded to the fifth decimal place, is the
uniform percentage.

(4)  The State share of basic current expenses
for each county is the difference between the county share