<html> <head> <title>Rule 50:02:04:07 Financial standards.</title> <META NAME="Keywords" Content="Administrative Rules 50:02:04:07"> <META NAME="Description" Content="Administrative Rules 50:02:04:07 Financial standards."> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <meta name=Generator content="Microsoft Word 14 (filtered)"> <style> <!-- /* Font Definitions */ @font-face {font-family:Calibri; panose-1:2 15 5 2 2 2 4 3 2 4;} /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {margin:0in; margin-bottom:.0001pt; text-align:justify; font-size:12.0pt; font-family:"Times New Roman","serif";} @page WordSection1 {size:8.5in 11.0in; margin:1.0in 1.0in 1.0in 1.0in;} div.WordSection1 {page:WordSection1;} --> </style> </head> <body lang=EN-US> <div class=WordSection1> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>50:02:04:07.&nbsp;&nbsp;Financial standards.</span></b> A PSAP must be operated according to the following financial standards:</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1)&nbsp;&nbsp;Any governing body receiving 911 emergency surcharge funds must maintain within its accounting system a separate special revenue fund to be identified as the 911 Fund;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2)&nbsp;&nbsp;The financial balances and activities of the 911 Fund must be accounted for and reported in accordance with generally accepted accounting principles or other comprehensive basis of accounting;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3)&nbsp;&nbsp;Any governing body responsible for the operation of a PSAP must adopt an annual PSAP budget and submit it to the board on forms provided by the board. The budget must include all appropriations and the means of financing those appropriations;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4)&nbsp;&nbsp;Any governing body receiving 911 emergency surcharge funds must deposit all received funds, including all interest earned on fund investment, in the 911 Fund;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (5)&nbsp;&nbsp;Any governing body that receives 911 emergency surcharge revenue shall submit an annual 911 Fund financial report to the board detailing all means of finance, expenditures, fund balances, and other financial information as requested on electronic forms provided by the board. The annual report shall be submitted to the State 911 Coordinator by March 31<sup>st</sup> of each calendar year;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6)&nbsp;&nbsp;All 911 emergency surcharge funds and all other funds allocated as a means of financing a PSAPs budget or other allowable 911 related expenditures must be deposited in the 911 Fund and identified by revenue source code on the annual financial report. All 911 related expenditures must be made from the 911 fund;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7)&nbsp;&nbsp;All grant funds received from the board must be deposited in and expended from the 911 Fund; and</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8)&nbsp;&nbsp;All recurring and nonrecurring costs paid from the 911 Fund must be allowable expenditures as prescribed by the board.</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>Source:</span></b> 36 SDR 100, effective December 14, 2009; 39 SDR 105, effective December 10, 2012; 40 SDR 39, effective September 9, 2013.</span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>General Authority:</span></b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=34-45-18.2">34-45-18.2.</A></span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <b><span style='font-weight:bold'>Law Implemented:</span></b> SDCL <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=34-45-18.2">34-45-18.2</A>, <A HREF="/statutes/DisplayStatute.aspx?Type=Statute&Statute=34-45-20">34-45-20(4).</A></span></font></p> <p class=MsoNormal style='punctuation-wrap:simple;text-autospace:none; vertical-align:baseline'><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>&nbsp;</span></font></p> </div> </body> </html>