Oklahoma § 74-5060.24 - Administration and Data Processing Revolving Fund

§ 74-5060.24. Administration and Data Processing Revolving Fund

There is hereby created in the State Treasury a revolving fund

for the Oklahoma Center for the Advancement of Science and

Technology to be designated the "Administration and Data Processing

Revolving Fund". The fund shall be a continuing fund, not subject

to fiscal year limitations. The fund shall consist of all monies

authorized by law for deposit therein, grants, donations or

reimbursements that the President of the Center may direct to be

Oklahoma Statutes - Title 74. State Government

deposited therein, proceeds from the sale of surplus property,

insurance payments to the agency, receipts pursuant to the Oklahoma

Open Records Act, and transfers from other revolving funds of the

Center as the President may direct. Monies accruing to the credit

of said fund are hereby appropriated and may be budgeted and

expended by the Center for the administrative costs of all programs

of the Center, including all personal and other operating expenses.

Expenditures from the fund shall be made upon warrants issued by the

State Treasurer against claims filed as prescribed by law with the

Director of the Office of Management and Enterprise Services for

approval and payment.

Added by Laws 1988, c. 246, § 13, operative July 1, 1988. Amended

by Laws 2012, c. 304, § 1038.