§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]