                                 CODE OF VIRGINIA

FUNDING (§ 62.1-69.33)

A. The Commission shall annually adopt a budget, which shall include the
Commission&#8217;s estimated expenses. The funding of the Commission shall be a
shared responsibility of state and local governments. The Commonwealth&#8217;s
contribution shall be set through the normal state appropriations process. The
Commission&#8217;s local government members shall determine a process for
distribution of costs among the local government members.

B. The Commission shall annually designate a fiscal agent.

C. The accounts and records of the Commission showing the receipt and
disbursement of funds from whatever source derived shall be in such form as the
Auditor of Public Accounts prescribes, provided that such accounts shall
correspond as nearly as possible to the accounts and records for such matters
maintained by similar enterprises. The accounts and records of the Commission
shall be subject to an annual audit by the Auditor of Public Accounts or his
legal representative, and the costs of such audit services shall be borne by the
Commission. The results of the audits shall be delivered to the chief elected
officer in each of the Commission&#8217;s member jurisdictions, the members of
the House of Delegates and the Senate who serve on the Commission, the chairmen
of the House Committee on Appropriations and the Senate Committee on Finance and
Appropriations, and the Secretary of Natural and Historic Resources. The
Commission&#8217;s fiscal year shall be the same as the Commonwealth&#8217;s.

HISTORY: 1998, c. 553; 2000, cc. 386, 456; 2021, Sp. Sess. I, c. 401.