Sec. 10-248.06. Deficiency Reduction and Revenue Stabilization Fund
Codified through Bill No. CB-018-2026, adopted May 12, 2026, effective July 24, 2026. Source: Municode, Supplement 2026 Update 2. Editorial notes and legislative history omitted.
Prince George's County, Md., Code § 10-248.06 (2026)
Sec. 10-248.06. Deficiency Reduction and Revenue Stabilization FundLinkCopy Citation
(a)
There is hereby established and created a fund to be known as the "Deficiency Reduction and Revenue Stabilization Fund."
(b)
The purpose of this fund shall be to account for short-term borrowing, debt restructuring, or other methods of retiring any anticipated or prior year deficit, if any, and providing revenue stabilization, including the payment of debt service thereon.