Maryland Code, NATURAL RESOURCES 5-9B-05
Terms Used In Maryland Code, NATURAL RESOURCES 5-9B-05
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
(b) The Department shall:
(1) Review local programs and applications for funding submitted by sponsors for consistency with the local plans under § 5-9B-04(a) of this subtitle;
(2) Submit applications reviewed under item (1) of this subsection to the Board of Public Works for funding, along with the Department’s recommendation on the application; and
(3) Coordinate applications received with available remaining funding.
(c) (1) Applications for funding under this section in a fiscal year shall be received at a date determined by the Department and reviewed using criteria established by the Department under § 5-9B-06(a)(2) of this subtitle.
(2) Applications recommended for approval by the Department shall be forwarded to the Board of Public Works with a favorable recommendation in accordance with the criteria.