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WES MOORE, Governor Ch. 717
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9. Garrett College $2,561,002;
10. Hagerstown Community College $7,620,412;
11. Harford Community College $10,865,634;
12. Howard Community College $15,723,055;
13. Montgomery College $40,000,786;
14. Prince George’s Community College $26,072,537; and
15. Wor–Wic Community College $7,108,241.
(2) The State share shall be distributed to each board and shall be limited by the provisions of subsection (d) of this section.
(3) Subject to subsection (d) of this section, the total State share for each board shall be the sum of:
(i)The [fixed costs component;#
(i) The [fixed costs component;
(ii)The marginal] BASE costs component; AND#
(ii) The marginal] BASE costs component; AND
[(iii)] (II) The size factor component[; and
(iv) A hold harmless component].
[(4) (i) The funds available for the fixed costs component shall be a set percentage of the year’s total State operating fund as follows:
1. For fiscal year 1998, 36% of total funding;
2. For fiscal year 1999, 37% of total funding; and
3. For fiscal year 2000 and each fiscal year thereafter, 38% of total funding.
(ii) The funds available for the fixed costs component shall be divided and distributed to the community colleges in the same proportion in which the direct grants were distributed in the prior fiscal year.]
[(5)] (4) [(i)] For each board, the [marginal] BASE costs component shall be [the product of] the [dollar amount] TOTAL STATE OPERATING FUND per