444

LAWS OF MARYLAND

Ch. 85

3. Be reduced by the following revenues
to the subdivisions: State drivers' education aid, [State density
aid, State compensatory aid,] COMPENSATORY EDUCATION FUNDS, 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 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 basic current
expense figure. This figure is multiplied by the 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 basic current expense figure at any time. Unless
changed by statute, FOR FISCAL YEAR 1990 AND EACH FISCAL YEAR
THEREAFTER the per pupil basic current expense figure in which
the State and the subdivisions share shall be determined as
described in [(i) and] (ii) AND (III) 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 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 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.

(V) 1. IF STATE AID FOR PUBLIC ELEMENTARY AND
SECONDARY EDUCATION EXCEEDS 32.8% OF THE PROJECTED GENERAL FUNDS
OF THE STATE IN FISCAL YEAR 1987, THEN THE AMOUNTS SPECIFIED IN
SUBPARAGRAPH (I) OF THIS PARAGRAPH MAY NOT BE IMPLEMENTED FOR
FISCAL YEARS 1988 AND 1989, UNLESS THE GENERAL ASSEMBLY BY MARCH
15, 1987 AT THE 1987 SESSION AFFIRMS BY JOINT RESOLUTION THAT THE
ADDITIONAL STATE AID REQUIRED TO IMPLEMENT THE PROVISIONS IS
WITHIN THE STATE'S FISCAL RESOURCES.

2. AS PROVIDED UNDER ITEM 1., OF THIS
SUBPARAGRAPH, IF STATE AID FOR PUBLIC ELEMENTARY AND SECONDARY
EDUCATION EXCEEDS THE PERCENTAGE AMOUNT SPECIFIED AND A JOINT
RESOLUTION OF AFFIRMATION IS NOT ENACTED BY THE GENERAL ASSEMBLY
BY MARCH 15, 1987, THEN THE PER PUPIL AMOUNT FOR BASIC CURRENT
EXPENSES IN WHICH THE STATE SHALL SHARE AS PROVIDED IN
SUBPARAGRAPH (I) OF THIS PARAGRAPH FOR FISCAL YEARS 1988 AND 1989
SHALL BE INCREASED IN EACH YEAR BY 8 PERCENT OVER THE PRIOR YEAR
LEVEL.

3. BY JANUARY 14, 1987, THE DEPARTMENT OF
FISCAL SERVICES SHALL CALCULATE STATE AID AS A PERCENTAGE OF THE
PROJECTED STATE GENERAL FUND REVENUES FOR FISCAL YEAR 1987.