Sec. 10-285. Financing the 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 § 10-285 (2026)
Sec. 10-285. Financing the FundLinkCopy Citation
(a)
Sources. The Fund may be financed from:
(1)
current expense funds;
(2)
any contributions, donations, or appropriations by the United States, the State of Maryland, any other political jurisdiction, or any private entity;
(3)
interest income;
(4)
fees or other charges levied on loan or grant recipients; and
(5)
any other funds designated and provided by the County.
(b)
Treatment. Monies provided by the County to the Fund under Subsection (a) of this Section shall be treated as a transfer to the Fund.
(c)
Repayments. The Director of Finance shall deposit in the Fund the monies collected for principal and interest on the loans and any authorized loan charges and fees on transactions authorized under this Division.
(d)
Non-lapsing. The Fund shall continue from year to year.