(a) On or before January 1, 2018, the Prince George’s County Local Management Board shall:
(1) develop and implement a strategic plan to raise revenues to match the total funding provided by the Governor’s Office for Children; and
(2) submit the strategic plan to:
(i) the County Executive of Prince George’s County;
(ii) the County Council of Prince George’s County;
(iii) the Prince George’s County Senate Delegation of the General Assembly; and
(iv) the Prince George’s County House Delegation of the General Assembly.
(b) On or before January 1 each year, the Prince George’s County Local Management Board shall submit a report on the total revenue received in the previous fiscal year and the total revenue from each source to:
(1) the County Executive of Prince George’s County;
(2) the County Council of Prince George’s County;
(3) the Prince George’s County Senate Delegation of the General Assembly; and
(4) the Prince George’s County House Delegation of the General Assembly.