Montgomery County |
Code |
Part I. The Charter. [Note] |
Charter of Montgomery County, Maryland |
Article 3. Finance. |
§ 310. Surplus.
Latest version.
- The County may accumulate earned surplus in any enterprise fund or unappropriated surplus in any other fund. With respect to the General Fund, any unappropriated surplus shall not exceed five percent of the General Fund revenue for the preceding fiscal year. An unappropriated surplus may be used to fund any supplemental or special appropriations. (Election of 11-7-2000.)Editor’s note—See County Attorney Opinion dated clarifying that the Council may place conditions on appropriations prior to June 1, with certain limitations.