Rhode Island § 35-5-10 - Rotary Funds

§ 35-5-10. Reimbursement of rotary funds for services provided to state agencies.

Notwithstanding the provisions of § 35-5-5, any rotary or rotating fund established for centralized services under the control of the department of administration, including information technology, capital asset management and maintenance and human resources, shall consist of, in addition to such sums as may be provided by appropriation for that purpose, the receipts and reimbursements accruing to the fund. Any state department or agency receiving or drawing services, goods, wares, or merchandise from these programs, or receiving benefits therefrom, shall reimburse the rotary fund for the cost. The reimbursement of the rotary fund shall be made by each department or agency at the close of each calendar month through a process established by the state controller to the order of the respective rotary fund. The state controller shall charge payments to the proper appropriation for the operation and maintenance of the benefitting department or agency. On or before October 15, 2017, and quarterly thereafter, the director of the department of administration shall provide a report to the speaker of the house and senate president, with copies to the chairpersons of the house and senate finance committees, detailing the fund activity for the previous quarter, including a breakdown of the fund activity of each department or agency.