(a) An enterprise fund is established. The Director of Finance administers the fund. The Director of Finance must deposit to the enterprise fund:
(1) all funds paid to the County, either directly or through the Montgomery County public school system, from user fees and other payments for non-school use of school facilities;
(2) funds from grants, contracts, or other arrangements with federal or state governments or from other public or private sources in connection with the non-school use of school facilities;
(3) all funds paid to the County from user fees and other payments for community use of other public facilities; and
(4) any funds appropriated by the County Council to the enterprise fund.
(b) The Director of Finance must pay from the enterprise fund amounts necessary to:
(1) reimburse the Montgomery County public schools for costs incurred or services rendered in making school facilities available for community or other non-school use;
(2) reimburse a government agency for costs incurred or services rendered in making other public facilities available for community use;
(3) pay the expenses of meetings and other activities of the Board; salaries and other expenses for the Director, coordinators, and other personnel necessary to implement this Chapter; and
(4) pay any other expenses necessary to carry out the activities authorized or required by this Chapter.
(c) (1) The Director of Finance and the Director of Management and Budget must establish a system of fund accounts and other accounts that reflect all identifiable direct costs necessary to make school facilities available for non-school use and other public facilities available to community use. For school facilities, the Directors must establish the accounting system in cooperation with the Superintendent, using criteria approved by the Board. This subsection does not apply to a joint tenancy arrangement maintained by the Board of Education.
(2) The accounts established under paragraph (1) must provide the financial basis to:
(A) calculate and establish fee schedules;
(B) estimate any subsidy the County will provide for a particular type of community use; and
(C) prepare budget requests for the appropriation of County funds to implement this Article. (1979 L.M.C., ch. 19, § 2; 1998 L.M.C., ch. 29, § 1.)
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