32-998. Wildlife and parks nonrestricted fund; purpose; interest earnings; expenditures.
233 words·~1 min read·
/ks/chapter-32/32-998A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
32-998. Wildlife and parks nonrestricted fund; purpose; interest earnings; expenditures.
(a)All moneys received by the Kansas department of wildlife and parks from sources other than those identified and restricted in K.S.A. 32-990 , 32-991 , 32-992 , 32-993 , 32-994 and 32-1173 , and amendments thereto, or identified and allocated to a restricted fund by any appropriation act, shall be remitted to the state treasurer in accordance with the provisions of K.S.A. 75-4215 , and amendments thereto. The state treasurer shall deposit the entire amount of the remittance in the state treasury and credit it to the wildlife and parks nonrestricted fund, which is hereby created.
(b)All expenditures from the wildlife and parks nonrestricted fund may be for federal aid eligible expenditures at the discretion of the secretary.
(c)On or before the 10th day of each month, the director of accounts and reports shall transfer from the state general fund to the wildlife and parks nonrestricted fund interest earnings based on:
(1)The average daily balance of moneys in the wildlife and parks nonrestricted fund for the preceding month; and
(2)the net earnings rate of the pooled money investment portfolio for the preceding month.
(d)All expenditures from the wildlife and parks nonrestricted fund shall be made in accordance with appropriation acts upon warrants of the director of accounts and reports issued pursuant to vouchers approved by the secretary.