B. The Treasurer of State shall make all disbursements and expenditures from the fund without further appropriation, as directed by the director of the office. The operating and administrative expenses of the office may not exceed 5% of the annual total revenue received in the fund.

5. Disbursement from fund.__The Treasurer of State shall annually on October 15th disburse money from the Maine Community Preservation Trust Fund under subsection 4 to cities and towns that have established a municipal community preservation fund and notified the office of the establishment of that municipal fund, with a certification of the amount raised through June 30 and a description of the means by which funds were raised.

A.__The amount distributed under this subsection may not exceed 50% of the cost of the project or projects identified by the municipality for use of the funds. Funds must be distributed to each municipality that has established a municipal community preservation fund in an amount not less than 5% but not greater than 100% of the total amount raised by the additional surcharge on real property by each city or town. The percentage must be the same for each city and town and must be determined by the office annually in a manner that distributes the maximum amount available to each participating city or town.

B. Notwithstanding any other provision of this section, the total state contribution for each city or town may not exceed the amount raised by the municipality's community preservation fund.

C.__After funds in the Maine Community Preservation Trust Fund under subsection 4 are distributed in accordance with this subsection, any remaining funds remain in the Maine Community Preservation Trust Fund for distribution in the following year.

6.__Restrictions.__A municipality may not devote more than 75% of the total funds in a municipal community preservation fund, including those generated locally and matching dollars from the Maine Community Preservation Trust Fund, in any 3-year period on any single recommendation contained in the comprehensive plan specified in subsection 1, paragraphs A to G.