Vermont § 1958 - Finance—Article VIII

§ 1958. Finance—Article VIII

• (a) The Conference shall submit to the governor or designated officer or officers of each
  party state a budget of its estimated expenditures for such period as may be required
  by the laws of that party state for presentation to the legislature thereof. (b) Each of the Conference’s budgets of estimated expenditures shall contain specific
  recommendations of the amount or amounts to be appropriated by each of the party states.
  The total amount of appropriation under any such budget shall be apportioned among
  the party states as follows: one third in equal shares; one third divided among the
  party states in the proportions that their populations bear to the total population
  of all the party states; and one third divided among the party states in the proportions
  that the major crimes committed in each party state bear to the total number of major
  crimes committed in all the party states. In determining population pursuant to this paragraph, the most recent decennial census
  compiled by the United States government shall be used. Numbers of major crimes shall
  be as reported in the most recent annual “Uniform Crime Report” compiled by the Federal
  Bureau of Investigation of the United States Department of Justice, or by any agency
  which may assume responsibility for such compilation in the place of such Bureau.
  In the event that any source of information required to be used for the purpose of
  this paragraph shall be discontinued, the Conference shall make its calculations on
  the basis of the best alternative sources of information and shall identify the sources
  used. (c) The Conference shall not pledge the credit of any party state. The Conference may
  meet any of its obligations in whole or in part with funds available to it under article
  III(j) of this Compact, provided that the Conference takes specific action setting
  aside such funds prior to incurring any obligation to be met in whole or in part in
  such manner. Except where the Conference makes use of funds available to it under
  article III(j) hereof, the Conference shall not incur any obligation prior to the
  allotment of funds by the party states adequate to meet the same. (d) The Conference shall keep accurate accounts of all receipts and disbursements. The
  receipts and disbursements of the Conference shall be subject to the audit and accounting
  procedures established under its rules. However, all receipts and disbursements of
  funds handled by the Conference shall be audited yearly by a qualified public accountant
  and the report of the audit shall be included in and become part of the annual report
  of the Conference. (e) The accounts of the Conference shall be open at any reasonable time for inspection
  by duly constituted officers of the party states and any persons authorized by the
  Conference. (f) Nothing contained herein shall be construed to prevent Conference compliance with
  laws relating to audit or inspection of accounts by or on behalf of any government
  contributing to the support of the Conference. (Added 1967, No. 288 (Adj. Sess.), § 1, eff. March 15, 1968.)