2013 Maryland Code
EDUCATION
§ 5-305 - Separate accounts for construction funds; special provision for Anne Arundel County


MD Educ Code § 5-305 (2013) What's This?

§5-305.

(a) Each county board shall keep:

(1) All money for the construction of public school buildings and public school facilities and the purchase of land for public schools in a separate account from that used for current expenses; and

(2) A separate and independent accounting system for all public school construction money.

(b) (1) In Anne Arundel County, the county board may borrow from one fund to meet temporary cash requirements of another fund or to reimburse another fund for services performed.

(2) This borrowing or reimbursement is subject to the county charter.

§ 5-305 - 1. Capital projects for Anne Arundel County

Notwithstanding any other provision of law, the Anne Arundel County Board may include capital projects that are to be funded over a period of 2 fiscal years in the capital budget, whether or not part of the funding period falls in a calendar year that is an election year for county officials.

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