The joint planning operation shall be financed according to the following method:
(A) Prior to the beginning of the Commission's fiscal year, the Commission shall adopt a budget outlining the expected expenditures and needed revenues. This budget shall then be presented to the Mayors and legislative bodies of the cities of Barlow, Kevil, LaCenter and Wickliffe, and the County Judge-Executive and legislative body of Ballard County by the Chairman of the Commission and/or the respective commission members representing the Cities of Barlow, Kevil, LaCenter, Wickliffe and the County of Ballard.
(B) This budget shall contain funds for the basic administration of the program and of that part of the budget the City of Barlow shall pay 11%, the City of Kevil shall pay 2%, the City of LaCenter shall pay 20%, the City of Wickliffe shall pay 21%, and the County of Ballard shall pay 46%.
(C) The basic budget may be expanded from time to time with those representative legislative bodies increasing their contributions based on additional studies and plans and assistance in preparing such, and as may be agreed upon by the Commission and legislative bodies.
(D) All funds subject to this agreement shall be paid to the Treasurer of the Commission who shall be elected by the Commission or after approval by the Commission to the party providing such studies, plans and assistance as required by the Commission.
(Ord. 396, passed 1-1-68)