This booklet contains the necessary instructions for a corporation to file a Maryland corporation income tax return for tax year 2023. The capital budget is a plan for the construction or acquisition of physical assets and covers many different projects.The CIP includes all capital projects and programs for all agencies for which the County sets tax rates or approves budgets or programs. We also rely on the perpetual inventory method to construct capital stocks series for 170 countries. Planning Board votes 50 to recommend allowing more types of homes to be built countywide; sends proposal to the County Council for review and approval. The term "equity securities" does not include convertible debt securities, which will rank senior to the Series C Preferred Stock. 1. The decrease is the result of assets used for capital improvements classified in the net investment in capital assets and the recording of the OPEB obligation. Synopsis of both the operating and capital budgets for Baltimore County, Maryland. Stats., and has not elected out of tax-option corporation status under sec. A 529 plan is a tax-advantaged education savings plan designed to encourage families to save for future higher education expenses.