Article I. In General.
§ 20-1. Authorization of special capital improvement projects by law.
§ 20-2. Settlement of claims by County Attorney; annual reports required.
§ 20-3. Disbursements from revolving fund of Department of Liquor Control.
§ 20-4. Annual inventory.
Article II. Deposit of Funds.
§ 20-5. Deposit of county funds generally.
§ 20-6. Amount of deposits; proportionate distribution.
§ 20-7. Sale of securities upon failure of bank; issuance of certificates of indebtedness.
Article III. Borrowing of Money Generally.
§ 20-8. Temporary borrowing-Generally.
§ 20-9. Same-Levy of tax for payment.
§ 20-10. Same-For current obligations.
§ 20-11. Same-New or renewal notes, etc.
§ 20-12. Notes exempt from taxation.
§ 20-13. Employment of agents or brokers.
§ 20-13A. Montgomery County commercial paper.
Article IV. Financing Public Facilities Generally.
§ 20-14. Definition of “public facility.”
§ 20-15. Borrowing money and issuing bonds-Authority.
§ 20-16. Same-Adoption of resolution; notice of conditions and terms of sale of bonds.
§ 20-17. Disposition of money borrowed.
§ 20-18. Security for and method of repayment of principal and interest.
§ 20-19. Negotiability of bonds.
§ 20-20. Bonds are exempt from state and local taxes.
§ 20-21. Provisions of article cumulative.
Article V. Certificates of Indebtedness.
§ 20-22. Citation of article.
§ 20-23. Definitions.
§ 20-24. Authority to borrow upon resolution.
§ 20-25. Form; denomination; interest; maturity; exemption from state, etc., taxation.
§ 20-26. Designation; amount of sale.
§ 20-27. Use of proceeds.
§ 20-28. Not subject to provisions of state law.
§ 20-29. Issued on full faith and credit of county; payment, etc.
§ 20-30. Qualities and incidents of negotiable instruments.
§ 20-31. Maximum extent of issuance.
Article VI. Bond Guarantee Program.
§ 20-32. Legislative purpose.
§ 20-33. County executive review and recommendation.
§ 20-34. County council review and approval.
§ 20-35. County executive concurrence, veto, council override.
§ 20-36. Bond guarantee endorsement; County guarantee and levy of ad valorem taxes.
§ 20-36A. Allocation of guarantee to finance mortgage loans and to fund related reserves and costs.
Article VII. Insurance.
§ 20-37. Comprehensive insurance and self-insurance program.
Article VIII. Department of Finance.
§ 20-38. Powers and duties of Director generally.
§ 20-38A. Consent to state right of recovery.
§ 20-39. Director designated treasurer and collector of taxes.
§ 20-40. Agent to assist director when acting as registrar of bonds, etc.
§ 20-41. Collection of taxes and special assessments; receipt of and responsibility for money; service charge for dishonored checks or drafts.
§ 20-41A. Tax information; review and challenge of inaccurate property tax assessments.
§ 20-42. Disbursements generally.
§ 20-42A. Spending Disclosure.
§ 20-43. Collection of funds; record of collections and disbursements.
§ 20-44. Bonds of officers and employees.
§ 20-45. Collection of taxes by banks.
§ 20-46. Cost accounting systems.
Article IX. Revenue Bonds.
§ 20-47. Short title.
§ 20-48. Definitions.
§ 20-49. Authority to issue revenue bonds.
§ 20-50. Adoption of resolution.
§ 20-51. Duties of county executive.
§ 20-52. Application of bond proceeds.
§ 20-53. Rights of bondholders and fiduciaries.
§ 20-54. Credit of county not pledged.
Article X. Spending Affordability-Capital Budgets.
§ 20-55. Definitions.
§ 20-56. Establishment of Guidelines.
§ 20-57. Affordability Indicators.
§ 20-58. Approval of Capital Budgets.
Article XI. Spending Affordability-Operating Budgets.
§ 20-59. Definitions.
§ 20-60. Adoption of Guidelines.
§ 20-61. Affordability Indicators.
§ 20-62. Approval of Aggregate Operating Budget.
§ 20-63. Recommended Budget Allocations.
Article XII. Revenue Stabilization Fund.
§ 20-64. Findings and declaration of purpose.
§ 20-65. Definitions.
§ 20-66. Revenue Stabilization Fund.
§ 20-67. Reserved.
§ 20-68. Mandatory contributions to Fund.
§ 20-69. Discretionary contributions to Fund.
§ 20-70. Transfer of contributions.
§ 20-71. Interest.
§ 20-72. Use of Fund.
Article XIII. Economic Development Fund.
§ 20-73. Fund created.
§ 20-74. Purpose of Fund.
§ 20-75. Use of Fund.
§ 20-75A. Equity investments.
§ 20-76. Economic Development Fund Administration.
§ 20-76A. Investment Incentive Tax Credit Supplement.
§ 20-76B. Small Business Assistance Program.
§ 20-76C. Green Investor Incentive Program.
§ 20-76D. Cybersecurity Investment Incentive Tax Credit Supplement.
§ 20-76E. Small Business Innovation Research and Small Business Technology Transfer Matching Grant Program.
§ 20-76F. Public Health Emergency Grant Program.
§ 20-76G. Make Office Vacancy Extinct (MOVE) - grant program.
§ 20-76H. Remedies for fraudulent applications or misuse of funds.
Article XIV. Working Families Income Supplement.
§ 20-77. Payment of Supplement.
§ 20-78. Eligibility.
§ 20-79. Amount of Supplement.
§ 20-80. Improper Payments; False Statements.
§ 20-81. Administration; Regulations.
Article XV. Renters’ Property Tax Relief Supplement.
§ 20-82. Renters’ Property Tax Relief Supplement.
Article XVI. Payments to Service Providers.
§ 20-83. Payment to providers of direct services to persons with developmental disabilities.
Article XVII. Revenue Estimating Group.
§ 20-84. Revenue Estimating Group.
Notes
| [Note] | *Editor’s note-1999 L.M.C., ch. 5, § 1, states: "Notwithstanding any provision of Chapter 20 of the County Code to the contrary, including Section 20-60(c)(4) and Section 20-62, the County Council may increase the spending affordability guideline for the aggregate operating budget for fiscal year 2000 by more than 1% over any guideline previously adopted. Cross references-Appropriations for emergencies, § 2-14; borrowing money during emergencies, § 2-16; contract procurement methods and public ethics, ch. 11B; development rights fund, ch. 13A; fiscal matters relating to fire and rescue service, § 21-22 et seq.; financial assistance to nonprofit service organizations, ch. 23B; County municipal revenue program, ch. 30A; authority to levy tax for charitable or social relief, § 37-1; revenue authority, ch. 42; solid waste collection and disposal fund, § 48-43 et seq.; rehabilitation loan fund, § 56-1; homeowners’ replacement loan fund, § 56-2 et seq.; urban renewal grants or loans to municipalities, § 56-21 et seq.; tenant displacement aid fund, § 56-33 et seq. |