There is a non-lapsing Prince George's County Tuition Assistance Fund ("Fund").

The purposes of the Fund are to provide for additional educational benefits that will further the career development and growth of all County employees and further the goals and objectives of the Prince George's County Government.

Sources. The Fund may be financed from: current expense funds; transfer of funds under this Division; any contributions, donations, or appropriations by the United States, the State of Maryland, any other political jurisdiction, or any private entity; and any other funds designated and provided by the County. Treatment. Monies provided by the County to the Fund under Subsection (a) of this Section shall be treated as a transfer to the Fund. Non-lapsing. All funds deposited, transferred or otherwise allocated to the Fund, and any interest earned on those funds, shall not revert to the unrestricted fund balance of the General Fund of Prince George's County at the end of a fiscal year, or at any other time, but shall be continually available for the uses and purposes for the Tuition Assistance Program pursuant to Section 16-210 without regard to fiscal year limitation.

Administration. The Director of Human Resources Management or other designee of the County Executive shall administer the Fund according to accepted principles of sound accounting and fiscal management. Operation. The operation of the Fund shall be subject to the availability of funding.

The Director of Human Resources Management or other designee of the County Executive shall provide an annual report to the County Council and County Executive that details the activities, budget, and expenditures undertaken by the Fund from all available funding sources on or before December 31st of each year. The report shall include an assessment of ways to prospectively improve the administration and effectiveness of the Tuition Assistance Program.