(a) Annual funding. Except as provided in subsection (b), in each fiscal year, the County Executive shall include in the annual budget and appropriation ordinance the amount calculated by the Public Campaign Financing System Commission as necessary to fully fund the public campaign financing system for the fiscal year.
(b) Exception. The County Executive is not required to include the amount calculated by the Public Campaign Financing System Commission as necessary to fully fund the public campaign financing system for the fiscal year in the annual budget and appropriation ordinance if:
(1) in the current fiscal year, funds have been or are being transferred from the Revenue Reserve Fund to the General Fund pursuant to § 4-11-106 of this Code; or
(2) not later than 120 days prior to the end of the fiscal year, the County Executive certifies to the County Council that the County’s fiscal condition makes it imprudent to include the full amount calculated by the Public Campaign Financing System Commission as necessary to fully fund the public campaign financing system for the fiscal year, and the County Council approves the certification by a vote of not less than five members.
(c) Public Campaign Financing Fund. Funds to finance the public campaign financing system included in the annual budget and appropriation ordinance shall be included in and disbursed from the Public Campaign Financing Fund.
(d) Staffing. The County Executive may provide staff support for the Commission.
(Bill No. 25-23)