Volume 795, Page 2378 View pdf image |
Ch. 331 1997 LAWS OF MARYLAND (4) (i) The funds available for the fixed costs component shall be a set 1. For Fiscal Year 1998, 36% of total funding; 2. For Fiscal Year 1999, 37% of total funding; and 3. For Fiscal Year 2000 and each fiscal year thereafter, 38% of total funding. (ii) The funds available for the fixed costs component shall be divided (5) (i) For each board, the marginal costs component shall be the product (ii) The dollar amount per full-time equivalent student shall be (iii) In determining the marginal costs component for a board, the (6) (i) The size factor component shall be a set percentage of the year's 1. For Fiscal Year 1998, 4% of total funding; 2. For Fiscal Year 1999, 3% of total funding; and 3. For Fiscal Year 2000 and each fiscal year thereafter, 2% of total funding. (ii) The funds available for the size factor component shall be divided (iii) In determining the eligibility of a board for a size factor (7) (i) A board shall be eligible for a hold harmless component beginning (ii) The hold harmless component amount shall be determined by - 2378 -
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Volume 795, Page 2378 View pdf image |
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