36-2927. Intergovernmental service fund;
funding
A. The intergovernmental service fund is established. The administration shall
administer the fund as a continuing appropriation. On notice from the administration,
the state treasurer shall invest and divest monies in the fund as provided by section
35-313, and monies earned from investment shall be credited to the fund.
B. The fund shall be used to pay all costs, including staff positions, incurred
pursuant to an agreement entered into pursuant to section 36-2925 and for the purposes
authorized by section 36-2926.
C. Separate accounts may be established within the fund for each agreement and the
activities authorized by section 36-2926.
D. The intergovernmental service fund consists of:
1. All monies deposited in the fund pursuant to an agreement authorized by section
36-2925.
2. The cost savings that are received pursuant to section 36-2925, subsection D and
that are earned from the appropriations made by this state for the costs of operating the
system in this chapter.
3. Federal monies available to this state for the operation of the system in this
chapter.
4. Gifts, donations and grants from any source.
5. Interest on monies deposited in the fund.
E. Monies in the fund are exempt from the provisions of section 35-190 relating to
lapsing of appropriations. The cost savings that are earned from appropriations made by
this state and remaining in the fund at the end of the fiscal year do not revert to the
fund from which they were appropriated.
F. The administration may continue to make expenditures from the fund, subject to
the availability of monies in the fund, to fulfill its commitments under an agreement
authorized by section 36-2925 for costs incurred but not processed by the administration
during the fiscal years in which the agreement was in effect.
G. The administration shall account for all payments from the intergovernmental
service fund by the fiscal year in which the costs were incurred, regardless of the
fiscal year in which the payments were made.
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