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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) The executive director shall prepare an annual budget for the Corporation.
(b)(1) For informational purposes only, the Corporation shall submit its budget to the General Assembly in conjunction with the budget request of the Judicial Branch of the State government on November 1 of each year.
(2) The informational budget required under this subsection shall include 3 years of data, including the most recently completed fiscal year, an estimate for the current fiscal year, and an estimate for the next fiscal year, including:
(i) a summary of total expenditures and the sources of revenue that support that spending;
(ii) line item expenditure detail for personnel, operating expenses, and grants, including individual grantees;
(iii) narrative explanation of all revenue and spending changes between the current fiscal year and the next fiscal year;
(iv) performance measurement data that details the use of funds; and
(v) detail on the Corporation's reserve fund, including actual and estimated end of fiscal year balances, transfers to and from the reserve fund, and the policies governing the reserve fund.
Cite this article: FindLaw.com - Maryland Code, Human Services § 11-208 - last updated January 01, 2025 | https://codes.findlaw.com/md/human-services/md-code-human-serv-sect-11-208/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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