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Session Laws, 1984
Volume 759, Page 1466   View pdf image
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1466                                        LAWS OF MARYLAND                                    Ch. 284

A REPORT UNDER THIS SECTION SHALL INCLUDE THE AFFIDAVIT OF
THE FINANCIAL OFFICER AND ALL OF THE FOLLOWING INFORMATION THAT
APPLIES TO THE POLITICAL SUBDIVISION:

(1)  THE ASSESSED VALUATION OF TAXABLE AND TANGIBLE
PROPERTY IN THE POLITICAL SUBDIVISION;

(2)  THE TOTAL INDEBTEDNESS OF THE POLITICAL
SUBDIVISION;

(3)  THE FOLLOWING CATEGORIES OF THE TOTAL
INDEBTEDNESS:

(I)  BOND INDEBTEDNESS THAT IS REDEEMABLE FROM
THE PROCEEDS OF GENERAL AND AD VALOREM TAXES;

(II)  TEMPORARY OR FLOATING INDEBTEDNESS;

(III)  OBLIGATIONS THAT ARE INCURRED IN
ANTICIPATION OF TAX COLLECTION;

(IV)  CURRENT BILLS PAYABLE;

(V)  CONTINGENT LIABILITY THAT RESULTS FROM THE
GUARANTY OF AN OBLIGATION OF ANOTHER POLITICAL SUBDIVISION; AND

(VI)  SELF-LIQUIDATING BOND INDEBTEDNESS;

(4)  AS TO SELF-LIQUIDATING BOND INDEBTEDNESS:

(I)  THE AMOUNT OF INDEBTEDNESS FOR EACH
PROJECT; AND

(II)  THE SOURCE OF THE REVENUE FOR ITS
LIQUIDATION;

(5)  AS TO EACH SINKING FUND FOR RETIREMENT OF
OBLIGATIONS:

(I)  EACH OBLIGATION FOR WHICH THE FUND IS
ESTABLISHED;

(II)  THE AMOUNT OF THE FUND; AND

(III)  THE MANNER IN WHICH MONEY IN THE FUND IS
INVESTED;

(6)  AS TO THE TAX LEVY FOR THE FISCAL YEAR FOR WHICH
THE REPORT IS MADE:

(I)  THE AMOUNT OF THE LEVY IMPOSED;

(II)  THE AMOUNT OF THE LEVY COLLECTED; AND

(III)  SEPARATE ITEMS FOR:

 

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Session Laws, 1984
Volume 759, Page 1466   View pdf image
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