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15.0107 Accounting and budget.

Cite as [A.S.C.A. § 15.0107]

The Authority shall assume responsibility for the accounting and financial management of the electric utility, and water and wastewater system, and shall administer or contract with the government for the administration of all accounting systems, including general ledger, fixed assets, accounts receivable, accounts payable, payroll, and cash. It shall establish proper internal accounting controls and procedures, and it shall prepare an annual budget as a part of the Governor’s budget process.

History: 1982, PL 17-56 § 8; 1991, PL 22-14.