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 to
the director of accounts and reports to establish a change fund for use
during the period of the state fair which shall be maintained in the form
of cash from the moneys of the state fair special cash fund which shall be
transferred from the state treasury to a separate account of the state fair
board in a bank in Reno county, Kansas, in
accordance with subsection (c). The director of accounts and reports shall
authorize the establishment of such change fund and shall establish a
maximum amount for such change fund of not to exceed
$200,000 in accordance
with 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 for
the commencement of the state fair, the director of accounts and reports
shall transfer an amount of money equal to such maximum amount from the
state general fund to the state fair special cash fund. No such transfer
from the state general fund shall exceed $200,000.
(c) For the purposes of a change fund authorized under this section, the
moneys in the state fair special cash fund may be transferred by warrant,
upon vouchers of the state fair board, from
the state treasury to a separate account of such board in a bank in Reno
county, Kansas. This bank account shall be awarded to a bank in Reno
county, Kansas, by the pooled money investment board under a written
agreement in accordance with procedures for state bank accounts under
K.S.A. 75-4217, and amendments thereto, and shall be secured by
pledge
of securities in the manner prescribed for state bank accounts under K.S.A.
75-4218, and amendments thereto, and in the amount prescribed for
fee
agency accounts under that statute. The state treasurer and the director of
accounts and reports shall honor all such vouchers and make such transfers
as directed in accordance with this subsection, except that no such
transfer shall be made more than 10 days prior to the date
fixed for the commencement of the state fair.
(d) The change fund authorized under this section may be established by
the state fair board not more than five days
preceding the date fixed for the commencement of the state fair. Such
change fund shall be maintained in the daily amounts necessary for the
operation of the state fair as directed by the state fair board except
that no such amount shall exceed the maximum
amount established by the director of accounts and reports under subsection
(a). Prior to the sixth day after the conclusion of the state fair each
year, such change fund shall be finally reconciled and all the moneys in
such change fund shall be deposited in the bank account of the
state fair board from which the change fund was
established. Upon such deposit, all such moneys shall be remitted to the
state treasurer in accordance with the provisions of K.S.A. 75-4215, and
amendments thereto. Upon receipt of each such remittance, the state
treasurer
shall
deposit the entire amount in the state treasury to the credit of the
state fair special cash fund. Each
year upon the
crediting of such moneys to the state fair special cash fund and after the
conclusion of the state fair, the director of accounts and reports shall
transfer all moneys in the state fair special cash fund to the state general
fund.
(e) The moneys in the change fund authorized under this section shall
be used exclusively for the making of change in operating and conducting
the state fair during the period of the state fair. No advance or expenditure
shall be made from such change fund.
(f) Except as otherwise provided in this section, the change fund authorized
by this section shall be administered in the same manner as change funds
authorized in accordance with K.S.A. 75-3078, and amendments
thereto, and
shall be subject to such procedures and reporting requirements as may be
prescribed by the director of accounts and reports under that statute. The
director of accounts and reports may authorize a reconciling entry in any
reconciliation statement for the change fund authorized by this section in
an amount of not to exceed the maximum authorized by K.S.A. 75-3078, and
amendments thereto, for change funds authorized in accordance with that
statute.
(g) All officers and employees of the state fair board having custody
of moneys of the change fund
authorized by this section shall be covered by a blanket surety contract
purchased by the committee on surety bonds and insurance in such amount or
amounts and upon such terms and conditions as the committee on surety bonds
and insurance deems necessary and proper in accordance with the provisions
of 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.
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 to
the director of accounts and reports to establish a change fund for use
during the period of the state fair which shall be maintained in the form
of cash from the moneys of the state fair special cash fund which shall be
transferred from the state treasury to a separate account of the state fair
board in a bank in Reno county, Kansas, in
accordance with subsection (c). The director of accounts and reports shall
authorize the establishment of such change fund and shall establish a
maximum amount for such change fund of not to exceed
$200,000 in accordance
with 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 for
the commencement of the state fair, the director of accounts and reports
shall transfer an amount of money equal to such maximum amount from the
state general fund to the state fair special cash fund. No such transfer
from the state general fund shall exceed $200,000.
(c) For the purposes of a change fund authorized under this section, the
moneys in the state fair special cash fund may be transferred by warrant,
upon vouchers of the state fair board, from
the state treasury to a separate account of such board in a bank in Reno
county, Kansas. This bank account shall be awarded to a bank in Reno
county, Kansas, by the pooled money investment board under a written
agreement in accordance with procedures for state bank accounts under
K.S.A. 75-4217, and amendments thereto, and shall be secured by
pledge
of securities in the manner prescribed for state bank accounts under K.S.A.
75-4218, and amendments thereto, and in the amount prescribed for
fee
agency accounts under that statute. The state treasurer and the director of
accounts and reports shall honor all such vouchers and make such transfers
as directed in accordance with this subsection, except that no such
transfer shall be made more than 10 days prior to the date
fixed for the commencement of the state fair.
(d) The change fund authorized under this section may be established by
the state fair board not more than five days
preceding the date fixed for the commencement of the state fair. Such
change fund shall be maintained in the daily amounts necessary for the
operation of the state fair as directed by the state fair board except
that no such amount shall exceed the maximum
amount established by the director of accounts and reports under subsection
(a). Prior to the sixth day after the conclusion of the state fair each
year, such change fund shall be finally reconciled and all the moneys in
such change fund shall be deposited in the bank account of the
state fair board from which the change fund was
established. Upon such deposit, all such moneys shall be remitted to the
state treasurer in accordance with the provisions of K.S.A. 75-4215, and
amendments thereto. Upon receipt of each such remittance, the state
treasurer
shall
deposit the entire amount in the state treasury to the credit of the
state fair special cash fund. Each
year upon the
crediting of such moneys to the state fair special cash fund and after the
conclusion of the state fair, the director of accounts and reports shall
transfer all moneys in the state fair special cash fund to the state general
fund.
(e) The moneys in the change fund authorized under this section shall
be used exclusively for the making of change in operating and conducting
the state fair during the period of the state fair. No advance or expenditure
shall be made from such change fund.
(f) Except as otherwise provided in this section, the change fund authorized
by this section shall be administered in the same manner as change funds
authorized in accordance with K.S.A. 75-3078, and amendments
thereto, and
shall be subject to such procedures and reporting requirements as may be
prescribed by the director of accounts and reports under that statute. The
director of accounts and reports may authorize a reconciling entry in any
reconciliation statement for the change fund authorized by this section in
an amount of not to exceed the maximum authorized by K.S.A. 75-3078, and
amendments thereto, for change funds authorized in accordance with that
statute.
(g) All officers and employees of the state fair board having custody
of moneys of the change fund
authorized by this section shall be covered by a blanket surety contract
purchased by the committee on surety bonds and insurance in such amount or
amounts and upon such terms and conditions as the committee on surety bonds
and insurance deems necessary and proper in accordance with the provisions
of 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.
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 to
the director of accounts and reports to establish a change fund for use
during the period of the state fair which shall be maintained in the form
of cash from the moneys of the state fair special cash fund which shall be
transferred from the state treasury to a separate account of the state fair
board in a bank in Reno county, Kansas, in
accordance with subsection (c). The director of accounts and reports shall
authorize the establishment of such change fund and shall establish a
maximum amount for such change fund of not to exceed
$200,000 in accordance
with 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 for
the commencement of the state fair, the director of accounts and reports
shall transfer an amount of money equal to such maximum amount from the
state general fund to the state fair special cash fund. No such transfer
from the state general fund shall exceed $200,000.
(c) For the purposes of a change fund authorized under this section, the
moneys in the state fair special cash fund may be transferred by warrant,
upon vouchers of the state fair board, from
the state treasury to a separate account of such board in a bank in Reno
county, Kansas. This bank account shall be awarded to a bank in Reno
county, Kansas, by the pooled money investment board under a written
agreement in accordance with procedures for state bank accounts under
K.S.A. 75-4217, and amendments thereto, and shall be secured by
pledge
of securities in the manner prescribed for state bank accounts under K.S.A.
75-4218, and amendments thereto, and in the amount prescribed for
fee
agency accounts under that statute. The state treasurer and the director of
accounts and reports shall honor all such vouchers and make such transfers
as directed in accordance with this subsection, except that no such
transfer shall be made more than 10 days prior to the date
fixed for the commencement of the state fair.
(d) The change fund authorized under this section may be established by
the state fair board not more than five days
preceding the date fixed for the commencement of the state fair. Such
change fund shall be maintained in the daily amounts necessary for the
operation of the state fair as directed by the state fair board except
that no such amount shall exceed the maximum
amount established by the director of accounts and reports under subsection
(a). Prior to the sixth day after the conclusion of the state fair each
year, such change fund shall be finally reconciled and all the moneys in
such change fund shall be deposited in the bank account of the
state fair board from which the change fund was
established. Upon such deposit, all such moneys shall be remitted to the
state treasurer in accordance with the provisions of K.S.A. 75-4215, and
amendments thereto. Upon receipt of each such remittance, the state
treasurer
shall
deposit the entire amount in the state treasury to the credit of the
state fair special cash fund. Each
year upon the
crediting of such moneys to the state fair special cash fund and after the
conclusion of the state fair, the director of accounts and reports shall
transfer all moneys in the state fair special cash fund to the state general
fund.
(e) The moneys in the change fund authorized under this section shall
be used exclusively for the making of change in operating and conducting
the state fair during the period of the state fair. No advance or expenditure
shall be made from such change fund.
(f) Except as otherwise provided in this section, the change fund authorized
by this section shall be administered in the same manner as change funds
authorized in accordance with K.S.A. 75-3078, and amendments
thereto, and
shall be subject to such procedures and reporting requirements as may be
prescribed by the director of accounts and reports under that statute. The
director of accounts and reports may authorize a reconciling entry in any
reconciliation statement for the change fund authorized by this section in
an amount of not to exceed the maximum authorized by K.S.A. 75-3078, and
amendments thereto, for change funds authorized in accordance with that
statute.
(g) All officers and employees of the state fair board having custody
of moneys of the change fund
authorized by this section shall be covered by a blanket surety contract
purchased by the committee on surety bonds and insurance in such amount or
amounts and upon such terms and conditions as the committee on surety bonds
and insurance deems necessary and proper in accordance with the provisions
of 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.