22-3319. DEPOSIT AND DISBURSEMENT OF FUNDS. (1) Immediately upon receipt, all moneys received by the commission shall be deposited in one or more separate accounts in the name of the commission in one or more banks or trust companies approved under chapter 27, title 67, Idaho Code, as state depositories. The commission shall designate such banks or trust companies. All funds so deposited are hereby continuously appropriated for the purpose of carrying out the provisions of this chapter.
(2) Funds can be withdrawn or paid out of such accounts only upon checks or other orders upon such accounts signed by two (2) officers designated by the commission.
(3) The right is reserved to the state of Idaho to audit the funds of the commission at any time.
(4) On or before January 15 of each year, the commission shall file with the senate agricultural affairs committee, the house agricultural affairs committee, the legislative services office, the state controller, and the division of financial management, a report showing the annual income and expenses by standard classification of the commission during the preceding fiscal year. The report shall also include an estimate of income to the commission for the current and next fiscal year and a projection of anticipated expenses by category for the current and next fiscal year. From and after January 15, 1989, the report shall also include a reconciliation between the estimated income and expenses projected and the actual income and expenses of the preceding fiscal year.
(5) All moneys received or expended by the commission shall be audited annually by a certified public accountant designated by the commission, who shall furnish a copy of such audit to the director of legislative services and to the senate agricultural affairs committee and the house agricultural affairs committee. The audit shall be completed within ninety (90) days following the close of the fiscal year.
(6) The expenditures of the commission are expressly exempted from the provisions of sections 67-2007 and 67-2008, Idaho Code.
History:
[22-3319, added 1988, ch. 191, sec. 3, p. 346; am. 1993, ch. 327, sec. 8, p. 1200; am. 1994, ch. 180, sec. 26, p. 440; am. 1996, ch. 159, sec. 9, p. 513; am. 2003, ch. 32, sec. 8, p. 121.]
Structure Idaho Code
Title 22 - AGRICULTURE AND HORTICULTURE
Chapter 33 - WHEAT — PROMOTION OF MARKETING
Section 22-3301 - DECLARATION OF POLICY.
Section 22-3302 - WHEAT COMMISSION CREATED — MEMBERS.
Section 22-3303 - DEFINITIONS.
Section 22-3304 - QUALIFICATION OF MEMBERS.
Section 22-3305 - TERM OF MEMBERS.
Section 22-3306 - COMPENSATION OF MEMBERS.
Section 22-3307 - CHAIRMAN AND EXECUTIVE DIRECTOR OF COMMISSION.
Section 22-3308 - MEETINGS OF COMMISSION.
Section 22-3309 - DUTIES AND POWERS OF COMMISSION.
Section 22-3310 - COMMISSION ACCEPTING GRANTS, DONATIONS AND GIFTS.
Section 22-3311 - BONDS OF AGENTS AND EMPLOYEES.
Section 22-3312 - APPOINTMENT OF EXECUTIVE DIRECTOR — DUTIES — SALARY.
Section 22-3314 - STATE NOT LIABLE FOR ACTS OR OMISSIONS OF COMMISSION OR OF ITS EMPLOYEES.
Section 22-3315 - IMPOSITION OF TAX AND PROVISION FOR LATE FEES.