KRS 148.810: Use of moneys in fund.

(1) Funds in the park capital maintenance and renovation fund shall be used for the

maintenance and renovation of park facilities. Maintenance shall include equipment

purchases, used primarily in the maintenance of infrastructure and park facilities,

and expenditures related to preventative maintenance of capital assets. Renovation

includes the replacement of depreciable assets, including furnishings, and purchase

of depreciable assets which enhance the quality of the parks.

(2) In no case shall the moneys from the fund be expended on:

(a) New capital project construction;

(b) Any new maintenance or renovation project estimated to cost four hundred

thousand dollars ($400,000) or more in cash or other consideration; or

(c) Any new item of equipment estimated to c ost one hundred thousand dollars

($100,000) or more in cash or other consideration.

(3) Moneys in the park capital maintenance and renovation fund may be used to

provide additional funding for any capital project, as defined in KRS 45.750, that

received li ne item authorization from the General Assembly in any executive

branch budget bill only if the state budget director or the director's designee submits

the proposed allocation to the Capital Projects and Bond Oversight Committee at

least fourteen (14) day s prior to the committee meeting, in accordance with the

provisions of KRS 45.800.

(4) Notwithstanding the provisions of KRS 45.760(6), moneys in the park capital

maintenance and renovation fund shall not be used to provide additional funding for

any capital project, as defined in KRS 45.750, that received line item authorization

from the General Assembly in any executive branch budget bill, and that has

already received maximum additional funding as permitted by KRS 45.760(6)

unless the state budget direct or or the director's designee submits the proposed

allocation to the Capital Projects and Bond Oversight Committee at least fourteen

(14) days prior to the committee meeting, in accordance with the provisions of KRS

45.800. In addition to the requirements of KRS 45.800, the submission shall include

a written certification that:

(a) Due to extraordinary circumstances, which shall be described, additional

funds are necessary for the project to be completed in a manner that will allow

it to serve its intended purpose; and

(b) The use of funds from the parks capital maintenance and renovation fund do

not unduly compromise the routine maintenance and renovation needs that the

fund was created to address.

(5) The commissioner shall, by September 1 of each year, re port to the Legislative

Research Commission the receipts, expenditures, and any amounts carried forward

for the fiscal year ending on June 30 of that year from the fund established in KRS

148.800.