Md. Code, State Finance and Procurement § 2-401
Md. Code, State Finance and Procurement § 2-401
in effect(a) In this subtitle the following words have the meanings indicated.
(b) “Annual operating costs” include the cost of:
(1) the production, treatment, pumping, storage, transmission, and distribution of water and the maintenance and repair of equipment associated with these functions;
(2) the collection, pumping, transmission, and treatment of wastewater, and the maintenance and repair of equipment associated with these functions;
(3) administrative overhead;
(4) debt service;
(5) depreciation; and
(6) servicing customer accounts.
(c) “Lateral system construction costs” include:
(1) any cost necessary to plan, design, acquire, construct, inspect, test, and put into operation the lateral system to serve a State facility; and
(2) any indirect cost incurred by the local jurisdiction that is necessary to construct water and sewer lines.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gsf§ion=2-401&enactments=falseFetched: 10/17/2026