§354D-8 - Business operations; budget.
§354D-8 Business operations; budget. (a) The administrator may purchase or cause to be purchased and maintained all necessary materials, supplies, space, services, and equipment required for the operation of the program.
(b) All acquisitions, purchases, and loan repayments of the administrator shall be payable from the revenues derived from the sale of goods and services authorized by this chapter.
(c) The administrator, with the approval of the director, may enter into loan arrangements with the director of finance or other organizations when funds are needed for a new or expanded program.
(d) The director or a designated representative shall make regular reports, including monthly operating statements and annual finance reports. The director shall provide the annual operating report for the correctional industries program to the governor and the legislature.
(e) The administrator shall submit a proposed annual budget of the correctional industries program as part of the total budget of the department of public safety. The advisory committee shall review the budget of the correctional industries program. [L 1990, c 341, pt of §1; am L 1991, c 256, §3; am L Sp 1993, c 8, §54; am L 2004, c 216, §40]