|
3842
LAWS OF MARYLAND
Ch. 746
(ii) In fiscal year 1982 and for each
fiscal year thereafter, the State shall share in a per pupil
basic current [expenditure program level] EXPENSE FIGURE
calculated as follows: for the third, fourth, and fifth
years preceding the fiscal year for which the [program
level] EXPENSE FIGURE 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 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
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] AVERAGE 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] BASIC CURRENT EXPENSE
FIGURE. [The per pupil amount] THIS FIGURE is multiplied by
the [number of students enrolled] FULL TIME EQUIVALENT
ENROLLMENT to determine the basic current expense funding
program in which the State shall share.
(iv) The General Assembly may change by
statute the per pupil [program level] BASIC CURRENT EXPENSE
FIGURE at any time. Unless changed by statute, the per
pupil [program level] BASIC CURRENT EXPENSE FIGURE 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] BASIC CURRENT EXPENSE FIGURE of the preceding fiscal
period be greater than the average of the annual percentage
increases in the United States all items unadjusted consumer
|
 |