Code of Maryland Regulations
Title 13B - MARYLAND HIGHER EDUCATION COMMISSION
Subtitle 07 - COMMUNITY COLLEGES
Chapter 13B.07.03 - Community College Finance
Section 13B.07.03.01 - Community College Finance (Not Applicable to Baltimore City Community College)
Universal Citation: MD Code Reg 13B.07.03.01
Current through Register Vol. 51, No. 6, March 22, 2024
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.
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