2-220.   State fair special cash fund; change fund for use during fair;procedures and restrictions; sureties required.(a) The state fair special cash fund is hereby created in the state treasury.The state fair board may apply annually tothe director of accounts and reports to establish a change fund for useduring the period of the state fair which shall be maintained in the formof cash from the moneys of the state fair special cash fund which shall betransferred from the state treasury to a separate account of the state fairboard in a bank in Reno county, Kansas, inaccordance with subsection (c). The director of accounts and reports shallauthorize the establishment of such change fund and shall establish amaximum amount for such change fund of not to exceed$200,000 in accordancewith the need therefor.

      (b)   After establishing the maximum amount for a change fund under subsection(a) and not less than 10 days prior to the date fixed forthe commencement of the state fair, the director of accounts and reportsshall transfer an amount of money equal to such maximum amount from thestate general fund to the state fair special cash fund. No such transferfrom the state general fund shall exceed $200,000.

      (c)   For the purposes of a change fund authorized under this section, themoneys in the state fair special cash fund may be transferred by warrant,upon vouchers of the state fair board, fromthe state treasury to a separate account of such board in a bank in Renocounty, Kansas. This bank account shall be awarded to a bank in Renocounty, Kansas, by the pooled money investment board under a writtenagreement in accordance with procedures for state bank accounts underK.S.A. 75-4217, and amendments thereto, and shall be secured bypledgeof securities in the manner prescribed for state bank accounts under K.S.A.75-4218, and amendments thereto, and in the amount prescribed forfeeagency accounts under that statute. The state treasurer and the director ofaccounts and reports shall honor all such vouchers and make such transfersas directed in accordance with this subsection, except that no suchtransfer shall be made more than 10 days prior to the datefixed for the commencement of the state fair.

      (d)   The change fund authorized under this section may be established bythe state fair board not more than five dayspreceding the date fixed for the commencement of the state fair. Suchchange fund shall be maintained in the daily amounts necessary for theoperation of the state fair as directed by the state fair board exceptthat no such amount shall exceed the maximumamount established by the director of accounts and reports under subsection(a). Prior to the sixth day after the conclusion of the state fair eachyear, such change fund shall be finally reconciled and all the moneys insuch change fund shall be deposited in the bank account of thestate fair board from which the change fund wasestablished. Upon such deposit, all such moneys shall be remitted to thestate treasurer in accordance with the provisions of K.S.A. 75-4215, andamendments thereto. Upon receipt of each such remittance, the statetreasurershalldeposit the entire amount in the state treasury to the credit of thestate fair special cash fund. Eachyear upon thecrediting of such moneys to the state fair special cash fund and after theconclusion of the state fair, the director of accounts and reports shalltransfer all moneys in the state fair special cash fund to the state generalfund.

      (e)   The moneys in the change fund authorized under this section shallbe used exclusively for the making of change in operating and conductingthe state fair during the period of the state fair. No advance or expenditureshall be made from such change fund.

      (f)   Except as otherwise provided in this section, the change fund authorizedby this section shall be administered in the same manner as change fundsauthorized in accordance with K.S.A. 75-3078, and amendmentsthereto, andshall be subject to such procedures and reporting requirements as may beprescribed by the director of accounts and reports under that statute. Thedirector of accounts and reports may authorize a reconciling entry in anyreconciliation statement for the change fund authorized by this section inan amount of not to exceed the maximum authorized by K.S.A. 75-3078, andamendments thereto, for change funds authorized in accordance with thatstatute.

      (g)   All officers and employees of the state fair board having custodyof moneys of the change fundauthorized by this section shall be covered by a blanket surety contractpurchased by the committee on surety bonds and insurance in such amount oramounts and upon such terms and conditions as the committee on surety bondsand insurance deems necessary and proper in accordance with the provisionsof K.S.A. 75-4103, 75-4104 and 75-4105, and amendments thereto.

      History:   L. 1979, ch. 239, § 1;L. 1987, ch. 5, § 19;L. 1988, ch. 2, § 1;L. 2001, ch. 5, § 6; July 1.