The Technology Management Revolving Fund (formerly known as the Statistical Services Revolving Fund) shall be initially financed by a transfer of funds from the General Revenue Fund. Thereafter, all fees and other monies received by the Department of Innovation and Technology in payment for information technology and related services rendered pursuant to subsection (e) of Section 1-15 of the Department of Innovation and Technology Act shall be paid into the Technology Management Revolving Fund. All fees and other moneys received by the Department of Innovation and Technology in payment for communications services rendered pursuant to the Department of Innovation and Technology Act or sale of surplus State communications equipment shall be paid into the Technology Management Revolving Fund. The money in this fund shall be used by the Department of Innovation and Technology as reimbursement for expenditures incurred in rendering information technology and related services and as reimbursement for expenditures incurred in relation to communications services.