Ch. 1

1992 LAWS OF MARYLAND

8. The amount equal to the average statewide per pupil
expenditure multiplied by .75, or $2,550, whichever is the lesser figure, for fiscal year
1992.

(iii) In fiscal year 1993 and each year thereafter, the average statewide
per pupil expenditure multiplied by .75 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.] THE BASIC CURRENT
EXPENSES TO BE SHARED SHALL EQUAL THE PER PUPIL BASIC CURRENT
EXPENSE FIGURE MULTIPLIED BY FULL-TIME EQUIVALENT
ENROLLMENT.

[(iv)] (II) 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 per pupil [amount for] basic current
[expenses provided under subparagraphs (i), (ii), and (iii) of this paragraph] EXPENSE
FIGURE 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 [to implement the provisions] USING
THE PER PUPIL BASIC CURRENT EXPENSE FIGURE 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, then the per
pupil [amount for] basic current [expenses] EXPENSE FIGURE in which the State
shall share for the next fiscal year shall be the lesser of the per pupil [amount for] basic
current [expenses] EXPENSE FIGURE for the fiscal year [as provided under
subparagraph (ii) or (iii) of this paragraph,] or an amount equal to 108 percent of the
prior year's per pupil [amount for] basic current [expenses] EXPENSE FIGURE.

3.       By January 14 of each year, the Department of Fiscal
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 [, social security,] and debt service for
State bonds for school construction.

(3) To be eligible to receive the State share of basic current expenses:

(i) The county governing body shall levy an annual tax sufficient to
provide an amount of revenue for elementary and secondary public education purposes
equal to the product of the wealth of the county and a local contribution rate determined
for each fiscal year; AND

(ii) 1. The county governing body shall appropriate local funds to
the school operating budget in an amount no less than the greater of the product of the
full-time equivalent enrollment used in calculating the current expense aid for the
current fiscal year and the local appropriation on a per pupil basis for the prior fiscal year
or the highest local appropriation to the school operating budget in the prior fiscal year.

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