Board of Trustees Manual

does not constitute a debt or obligation of the General Assembly or pledge the faith and credit of the State within the meaning of Article III, § 34 of the Maryland Constitution. (i) Sinking fund. -- If requested by the Authority, the State Comptroller shall withhold from any installment due the board from the State's General Fund appropriation money for deposit to the credit of a sinking fund maintained to pay a note in an amount up to the total amount payable on the note and any agreements entered into in accordance with this section in the current fiscal year and the next succeeding fiscal year. (j) Powers supplemental . -- This section provides additional, alternative, and supplemental authority in relation to powers conferred upon a board under any other existing law andmay not be regarded as in derogation of or as a limitation to any existing power of a board.

Md. EDUCATION Code Ann. § 16-304

§ 16-304. Powers of county government (a) Power to appropriate . -- Each county governing body may appropriate money to pay the cost of establishing and operating a community college or regional communitycollege. (b) Appropriations by major functions . -- (1) The county governing body shall make appropriations by major functions established by the Commission. (2) The major functions established by the Commission shall conform generally tothose contained in the then-current College and University Industry Audit Guide issued by the American Institute of Certified Public Accountants. (c) Transfer of appropriations among functions . -- (1) A community college may not spend more on any major function than theamount appropriated for it. (2) (i) Transfers of appropriations between major functions shall be submitted in writing and approved by the county governing body before they are made, andif the county governing body fails to act on a request for a transfer within 30 days, the request automatically is approved as requested; and (ii) Except in Baltimore City, where the provisions of the city charter govern, transfers of appropriations within a major function may be made at the direction of the board of trustees and the county governing body shall be notified within 30 days of the transfer. (d) Borrowing . -- Each county governing body may borrow money to purchase land and construct capital improvements for a community college. Money may be borrowed onterms and conditions the county governing body considers proper, subject to any requirements of local law applicable to the creation of public debt.

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