FY 26 Approved Operating Budget
Appropriations to Towns / State and Other Government Agencies
ORIGIN & PURPOSE :
Appropriation to Towns Harford County Government is mandated by the Annotated Code of Maryland , Article 25 , Section 220 , subtitled , " Grants to Municipalities in Lieu of Shared Taxes ," to make appropriations on behalf of its three municipalities of Aberdeen , Bel Air , and Havre de Grace . As stated in the statute , beginning in Fiscal Year 1968 - 69 , and continuing every fi scal year hereafter , there is paid to each of the three incorporated municipalities , an amount of money equal to the amount received for Fiscal Year 1967 - 68 by such municipality under Section 30 ( D ) of Article 81 of the Annotated Code of Maryland , related to apportionment of shared taxes on banks and fi nancial corporations . Additionally , this budget includes the di ff erential or refund paid to the municipalities for police services . Appropriation of monies is based on an established formula , previously agreed upon between County Government and the municipalities . Appropriation to State The State of Maryland charges Harford County a fee to administer the Supplemental County Homeowner ' s Tax Credit Program . All applications are fi led with the State Department of Assessments and Taxation . Applications are processed at the State level and the County is noti fi ed electronically of all approved credits . A large portion of the cost of operating the local Harford County O ffi ce of the State Department of Assessments and Taxation was shifted to the County in FY 12 . Other Government Agencies Funding is provided for the operating expenses of the Humane Society . Grant Match Harford County enters into appropriately executed agreements with Federal , State and private monies in grant form . These agreements sometimes require a matching contribution from Harford County as a condition to accepting the grant . These matching contributions , whether voluntary or required , are paid by the General Fund to the Grant Fund . The Grant Fund is the fund that accounts for all Federal , State and private monies in grant form .
685
Made with FlippingBook - Online magazine maker