The Interstate Commission shall pay or provide for the payment of any reasonable expenses for its establishment, organization, and ongoing activities.
The Interstate Commission shall levy and collect an annual fee from each compacting state to cover the cost of the internal operations and activities of the Interstate Commission and its staff, which must be in a total amount sufficient to cover the Interstate Commission’s annual budget as approved each year. The amount of the aggregate annual fee shall be allocated on the basis of a formula to be determined by the Interstate Commission, taking into consideration the population of the state and the volume of Interstate movement of offenders in each compacting state. The Interstate Commission shall adopt a rule binding upon all Compacting States to govern said fee.
The Interstate Commission may not incur any obligation of any kind before securing the funds needed to meet the obligation, nor may the Interstate Commission pledge the credit of any of the Compacting States, except by and with the authority of the compacting state.
The Interstate Commission shall keep accurate accounts of all revenues and disbursements. The revenues and disbursements of the Interstate Commission shall be subject to the audit and accounting procedures established under its bylaws. However, all revenues and disbursements of funds handled by the Interstate Commission must be audited yearly by a certified or licensed public accountant and the report of the audit shall be included in and become part of the annual report of the Interstate Commission.
History —Aug. 11, 2004, No. 208, § 1, art. 10.