All funds received by the Commission shall be deposited in a banking institution(s) as the Board may direct and shall be withdrawn therefrom in such manner as the Board may direct.
The Commission shall keep a strict account of all its receipts and expenditures and shall each quarter make a quarterly report thereon to the municipality, county and persons which have made contributions to it. The report shall contain an itemized account of the Commission’s receipts and disbursements during the preceding quarter. Within sixty (60) days after the end of the fiscal year, the Commission shall make an annual report containing an itemized statement of its receipts and disbursements for the preceding fiscal year and publish the same as a Class II-0 legal advertisement in compliance with the provisions of Article Three (59-3-1 et seq.) Chapter 59 of the West Virginia Code. The books, records and accounts of each commission shall be subject to audit and examination by the State Tax Commissioner and by other proper public official or body in the manner provided by law.
(Ord. 95-05. Passed 12-19-95.)