- A. A college shall annually prepare an operating budget and a capital budget request in accordance with applicable State law and procedures prescribed by the Commission in its Financial Guidelines and Procedures Manual and the Community College Facilities Manual, respectively. A copy of the approved operating budget shall be submitted to the Commission by July 1.
- B. A college shall use the budget functions established by the Commission, and each county governing body supporting a college shall make appropriations by these major functions.
Authority: Education Article, §11-105, and Titles and 16, Annotated Code of Maryland
Effective date: January 26, 1998 (25:2 Md. R. 77)