Rhode Island General Laws 35-4-26. Funds received from vending machines, private donations, and investments
Current as of: 2024 | Check for updates
|
Other versions
All funds received from store or vending machine profits, private donations which are not directed to other accounts, and investment earnings, excluding those earned in resident trust accounts, shall be deposited as general revenues. The agency shall, through the annual budget process, report to the general assembly the estimated amount for the next fiscal year, together with the intended use of the funds.
History of Section.
P.L. 1993, ch. 138, art. 5, § 2; P.L. 1995, ch. 370, art. 40, § 109.
Terms Used In Rhode Island General Laws 35-4-26
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.