Volume 795, Page 2371 View pdf image |
PARRIS N. GLENDENING, Governor Ch. 330 SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Education 16-305. (a) THE FORMULA USED FOR THE DISTRIBUTION OF FUNDS TO THE (B) In this section the following words have the meanings indicated. (1) "Assessed valuation of real property" means assessed valuation of real (2) "Board" means: (i) In a county that has 1 or more community colleges, the board of (ii) Where 2 or more counties establish a region to support a regional (3) "Community college" means a community college established under this (4) "County share" means the total amount of money for operating funds to (5) "Direct grants" means the sum of the following components of the State share: (i) Fixed costs; (ii) Marginal costs; and (iii) Size factor. (6) "Full-time equivalent student" is the quotient of the number of student (7) "Population" means population as determined for purposes of (8) "Region" means the counties supporting a regional community college - 2371 -
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Volume 795, Page 2371 View pdf image |
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