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1479
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HARRY HUGHES, Governor
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PROVISIONS OF THIS SUBSECTION DO NOT APPLY TO MUNICIPAL
CORPORATIONS LOCATED IN ANNE ARUNDEL COUNTY.
18.
(A) On or before September 1 of each year. The Council
shall submit to the Governor its operating budget for the next
following fiscal year, together with supporting schedules to show
that such budget is financed as herein provided, and upon
approval of such budget by the Governor, provision shall be made
in the State budget for such ensuing fiscal year for an
appropriation equal to one third of the budget of The Council so
approved. However, the State's contribution shall be subject to
annual review by the General Assembly and shall not in any event
exceed that amount that would be produced by a levy of an ad
valorem tax of one quarter of a cent per $100 on the total
assessed value of all real property for taxation purposes in the
area.
(B) On or before January 25 of each year, The Council shall
notify each of the several budget officers or governing bodies of
the city and the several counties comprising the area, of the
portion of the budget of The Council, as submitted by the
Governor to the General Assembly, which is payable respectively
by each[, on].
(C) ON or before April 15 of each year, The Council shall
certify to each of the several budget officers or governing
bodies of the city and the several counties comprising the area,
the portion of the budget of The Council, as enacted by the
General Assembly, payable respectively by each, which portion
shall be in the same ratio to two thirds (2/3) of the budget that
the assessed value of all real property in the respective city or
county, as the case may be, for the preceding taxable year, bears
to the assessed value of all such real property in the area;
provided, nevertheless, that neither the city nor any county in
the area shall be required to pay as its portion, an amount which
exceeds the amount that would be produced by a levy by the
respective city or county, as the case may be, of an ad valorem
tax of one half of one cent (1/2¢) per $100 on the said assessed
value of all real property for State taxation purposes in the
respective city or county, as the case may be and provided
further that if at any time there be any amendment to the
provisions relating to the amount or method of financial
contribution by the several subdivisions, the city or county, as
the case may be, by resolution of its governing body, may except
itself from any future coverage by any of the provisions of this
article and that this contribution of the city and several
counties comprising the area shall not exceed twice the amount of
the State's contribution.
(D) Following the receipt of such certification, the city
and each county comprising the area shall, in its next succeeding
annual appropriation for support of the local government, make
provisions from local revenues for its share of the budget of The
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