Arkansas Code Title 19. Public Finance § 19-5-1025. Department of Human Services Consolidated Cost Revolving Fund

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the “Department of Human Services Consolidated Cost Revolving Fund”.

(b) The Treasurer of State is authorized to establish a revolving fund for the Office of Finance and Administration of the Department of Human Services, for the purposes of providing a system to charge consolidated costs for such items as postage, vehicle maintenance, vehicle insurance, vehicle license and title fees, tires and tubes, fuel, credit card purchases, office supplies, duplication supplies, micrographic supplies, equipment acquisition, equipment maintenance and repair, sales and use taxes, and various other licenses and permits.  These items will be purchased by the Office of Finance and Administration through the use of the revolving fund and charged to each division and office as that division or office uses them.  This will allow for the expenditure to be appropriately charged to the benefiting program.

(c) The replenishment of the revolving fund will consist of such funds as budgeted by the division and offices for these items of cost which could be general revenue, special revenue, federal funds, cash funds, or any other funds under the authority of the divisions and offices.

(d) Said account shall be replenished as needed but not less than six (6) times per fiscal year.  Said account shall be established and maintained in accordance with procedures established by the Chief Fiscal Officer of the State.