Section 16-309 - Payment of county share. - Maryland Statutes

§ 16-309. Payment of county share.
 

(a)  Certification to county treasurer.- The Commission shall certify to the treasurer of each county: 

(1) On or before September 30 and March 31 of each year, one half of the amount it estimates to be the county's share under § 16-305 of this subtitle; and 

(2) After the annual audit of each community college, any discrepancy between the payments made and the actual amount of the county's share under § 16-305 of this subtitle for the preceding fiscal year, which shall be compensated for during the fiscal year. 

(b)  Payment.-  

(1) Except as provided in paragraph (2) of this subsection, within 5 days after it receives a certification from the Commission, the county shall pay the amount due to the board of trustees of the community college. 

(2) The board of trustees of a community college and the governing body of a county may agree in writing to a payment schedule for the county's share under § 16-305 of this subtitle. If, prior to the 5th day after receiving notification from the Commission, there is a payment schedule agreed to in accordance with this paragraph, the county shall make payments in accordance with that schedule. If a county fails to make a payment in accordance with the schedule, all amounts certified by the Commission but not yet paid by a county shall become due and payable immediately. 
 

[An. Code 1957, art. 77A, § 7; 1978, ch. 22, § 2; 1991, ch. 464, § 3; 1993, ch. 117; 1996, chs. 6, 7; ch. 10, § 16.]