Md. Code, Local Government § 5–205

(a) (1) A municipality may provide for the control and management of

its finances.

(2) The municipality may:

(i) designate the banks or trust companies of the State in

which the municipality shall deposit all money belonging to the municipality; and

(ii) provide for the appointment of an auditor or accountant to

audit the books and accounts of municipal officers collecting, handling, or disbursing

money belonging to the municipality.

(b) (1) A municipality may spend money for any public purpose and to

affect the safety, health, and general welfare of the municipality and its occupants.

(2) Except as provided in paragraph (4) of this subsection, a

municipality may not spend money under paragraph (1) of this subsection if the

money was not appropriated at the time of the annual levy.

(3) Except as provided in paragraph (4) of this subsection, a

municipality may spend money only for the purpose for which the money was

appropriated.

(4) A municipality may spend money for a purpose different from the

purpose for which the money was appropriated or spend money not appropriated at

the time of the annual levy if approved by a two–thirds vote of all the individuals

elected to the legislative body.

(c) A municipality may provide for:

(1) the purchase of materials, supplies, and equipment through the

Department of General Services;

(2) municipal advertising;

(3) printing and publishing statements of its receipts and

expenditures; and

(4) codifying and publishing laws, ordinances, resolutions, and

regulations.

(d) (1) Except as otherwise provided under this article, the Tax –

General Article, and the Tax – Property Article, a municipality may establish and

collect reasonable fees and charges:

(i) for franchises, licenses, or permits granted by the

municipality; or

(ii) associated with the exercise of a governmental or

proprietary function exercised by a municipality.

(2) A municipality may provide that any valid charge, tax, or

assessment made against real property in the municipality is a lien on the property

to be collected in the same manner as municipal taxes.

(e) A municipality may enter into an agreement with other municipalities

for purposes including:

(1) the joint administration of the municipalities;

(2) the cooperative procurement of goods and services, including

construction services;

(3) the provision of municipal services; and

(4) the joint funding and management of any project that is centrally

located to the municipalities.