Current through Register Vol. 43, No. 1, October 31, 2024
Section 305-9-1-.09 - Administrative Funding(1) The income received from the receipt of service charges assessed and collected by the Surplus Property Division in its implementation of these rules is utilized to operate the Division and to ensure its continued efficient operations.(2) The Division shall establish twothree accounts within the state treasury for the purpose of operating the surplus property function. The accounts and their respective funds deposited into these accounts shall operate as follows. (a) Federal surplus property account. This account shall have deposited into it all funds received from the sale and distribution of donated federal surplus personal property. The funds may be expended from time to time by the Department. At no time shall the funds in this account revert to the state general fund. This account shall be perpetual.(b) State surplus property account. This account shall have a deposited into it all funds received from the sale and distribution of state-owned surplus personal property, and any funds appropriated from the state's general fund for the operation of the surplus property function. The funds may be expended from time to time by the Department on a fiscal year basis. On September 30 of each fiscal year, any unencumbered funds remaining in this account, up to an amount equal to the operating expenses of the quarter ending on September 30 of the perspective year shall be set aside for use during the following quarter beginning on October 1. Any remaining funds in this account shall revert to the state general fund.(c) Revolving account. Use for purchase of GSA vehicles.(3) Surplus property that was purchased with either earmarked state funds or restricted federal funds, and then is sold by the Surplus Property Division, shall have the proceeds from the sale (less any administrative costs) deposited within 30-60 days from the receipt of the proceeds to the credit of the specific fund of the entity from which the original purchase was made. If the source of the original purchase was a general fund appropriation, then the proceeds of the sale (less any administrative costs) shall be credited to the account from which the property was purchased. Administrative costs shall not exceed 25 percent of the property's gross sale price. Author: Shane T. Bailey
Ala. Admin. Code r. 305-9-1-.09
New Rule: Filed November 25, 2002; effective December 30, 2002.Statutory Authority:Code of Ala. 1975, § 41-23-6.