HARRY HUGHES, Governor                               3069

of the hearing by publication in at least one newspaper
published and generally circulated in Montgomery County and
two newspapers published and generally circulated in Prince
George's County.

(b)  The commission shall prepare and submit, on or
before March 1 of each year, to the county executives of
Montgomery and Prince George's Counties, the capital and
operating budgets for the commission, for the ensuing fiscal
year together with the record of any public hearing which
was held on them. The commission shall identify the sources
of revenue allocable to the various proposed expenditures.
The commission shall propose a complete schedule of rates
for the water consumption and sewer usage charges, , and ad
valorem tax levies it deems necessary to finance the
budgets. It shall also certify the amounts necessary to be
raised for the ensuing year for the payment of interest and
principal on all outstanding bonds and notes of the
commission. Between March 1 and April 1 of each year, the
commission may submit to the county executives of Montgomery
and Prince George's Counties amendatory items to the
proposed budgets, together with a declaration of need
identifying the sources of revenue allocable to the proposed
amendatory items.

(c)  Each county executive shall transmit the proposed
budgets to the county council of his county, together with
recommendations thereon, not later than March 15 of each
year. He shall also transmit the record of any public
hearing held by the commission. In the case of any
amendatory items to the proposed budget submitted to the
county executives by the commission, as set forth in
subsection (b) of this section, the county executives shall
transmit them with their recommendations to their respective
county councils within ten days after they receive them.

(d)  Each county council, upon public notice, may hold
public hearings on the proposed budgets of the commission
not earlier than 21 calendar days following receipt from the
county executive. Thereafter, on or before June 1 of each
year, the county councils shall approve the budgets and
transmit them to the commission. The budgets may be amended
as hereinafter provided. Each county council may add to,
delete from, increase, or decrease an item of either budget,
and shall transmit by May 15, any proposed changes to the
other county council for review and concurrence. In the
event of the failure of both councils to concur in a change
with respect to any item by June 1, that failure to concur
shall constitute approval of the item submitted by the
commission. If the county councils fail to approve the
budgets on or before June 1 of each year the proposed
budgets of the commission shall stand adopted.

(e)  The commission may submit to the county executives
of both counties proposed supplements to the approved
budgets. The submittals shall include full particulars.
Within ten days of receipt of the proposed supplements, the