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Ch. 288
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PARRIS N. GLENDENING, Governor
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(i) $2,976 for fiscal year 1993; and
(ii) The average of the basic current expenses per pupil for the third
and fourth preceding fiscal years multiplied by 0.75 for fiscal year 1994 and for each
fiscal year thereafter, as calculated by the Department on or before July 1 prior to the
fiscal year.]
(b) [(1) Each county board and the Mayor and City Council of Baltimore City
shall receive from the State, in the manner and subject to the limitations under this
section, an amount for each school year to be known as the "State share of basic
current expenses" for each county, which shall be calculated as indicated in this
subsection.
(2) (i) The basic current expenses to be shared shall equal the per
pupil basic current expense figure multiplied by full-time equivalent enrollment.]
SUBJECT TO THE OTHER PROVISIONS OF THIS SECTION, EACH YEAR THE STATE
SHALL DISTRIBUTE THE STATE SHARE OF THE FOUNDATION PROGRAM TO EACH
COUNTY BOARD.
[(ii) 1.] (C) (1) If State aid for public elementary and secondary
education exceeds 31.5% of the projected general funds of the State in any fiscal year,
then the amount required for the ANNUAL per pupil [basic current expense figure]
FOUNDATION AMOUNT may not be implemented for the next fiscal year unless the
General Assembly, at the regular session immediately preceding that next fiscal year,
affirms by joint resolution that the additional State aid required using the ANNUAL
per pupil [basic current expense figure] FOUNDATION AMOUNT is within the State's
fiscal resources.
[2.] (2) As provided under [item 1 of this subparagraph]
PARAGRAPH (1) OF THIS SUBSECTION, 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, then the ANNUAL per pupil
[basic current expense figure] FOUNDATION AMOUNT in which the State shall share
for the next fiscal year shall be the lesser of the ANNUAL per pupil [basic current
expense figure] FOUNDATION AMOUNT for the fiscal year or an amount equal to 108
percent of the prior year's ANNUAL per pupil [basic current expense figure]
FOUNDATION AMOUNT.
[3.] (3) By January 14 of each year, the Department of
Legislative Services shall calculate State aid as a percentage of the projected State
General Fund revenues for the current fiscal year. State aid shall include State funds
provided to the county boards whether pursuant to formula or on a grant basis and
State payments on behalf of the county boards such as retirement and debt service for
State bonds for school construction.
[(3) (i) In this paragraph, "enrollment" means the full-time equivalent
enrollment used in calculating the current expense aid for a county.
(ii)] (D) (1) To be eligible to receive the State share of [basic
current expenses] THE FOUNDATION PROGRAM:
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- 2173 -
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