Md. Code Ann., Hous. & Cmty. Dev. § 16-112
Redline — January 1, 2021 → current.View current text →
Current — January 1, 2025
As of January 1, 2021
(a) On or before November 30 each year, the Montgomery Commission shall issue a financial report for the previous fiscal year based on a certified audit.
(b) The Montgomery Commission shall publish a summary of the financial report in at least two newspapers of general circulation in the county.
(c) (1) On or before December 15 each year, the Montgomery Commission shall publish on its website:
(i) the financial report issued under subsection (a) of this section; and
(ii) a full and complete copy of the certified audit report for the previous fiscal year.
(2) Subject to paragraph (3) of this subsection, in performing the duties required under paragraph (1) of this subsection, the Montgomery Commission shall publish all information in a public record that relates to a financial report or a certified audit report of which the Montgomery Commission is not specifically required to deny an inspection under the Public Information Act.
(3) Paragraph (2) of this subsection may not be construed as a waiver of information that is protected by privilege.
(a) The County Executive and County Council may require an audit of the books of the Montgomery Commission.
(b) To perform the audit, the County Executive and County Council may choose:
(1) an independent certified public accountant licensed by the State; or
(2) a firm of certified public accountants licensed by the State.
(c) The Montgomery Commission shall pay for the audit out of its operating budget.
Official source: Maryland General Assembly. Reproduced from public-domain Maryland statutes; confirm against the official source for the current text. Not legal advice.