2007 Minnesota Statutes

16E.14 ENTERPRISE TECHNOLOGY REVOLVING FUND.
    Subdivision 1. Creation. The enterprise technology revolving fund is created in the state
treasury.
    Subd. 2. Appropriation and uses of fund. Money in the enterprise technology revolving
fund is appropriated annually to the chief information officer to operate information and
telecommunications services, including management, consultation, and design services.
    Subd. 3. Reimbursements. Except as specifically provided otherwise by law, each agency
shall reimburse the enterprise technology revolving fund for the cost of all services, supplies,
materials, labor, and depreciation of equipment, including reasonable overhead costs, which the
chief information officer is authorized and directed to furnish an agency. The chief information
officer shall report the rates to be charged for the revolving fund no later than July 1 each year to
the chair of the committee or division in the senate and house of representatives with primary
jurisdiction over the budget of the Office of Enterprise Technology.
    Subd. 4. Cash flow. The commissioner of finance shall make appropriate transfers to the
revolving fund when requested by the chief information officer. The chief information officer
may make allotments and encumbrances in anticipation of such transfers. In addition, the chief
information officer, with the approval of the commissioner of finance, may require an agency
to make advance payments to the revolving fund sufficient to cover the office's estimated
obligation for a period of at least 60 days. All reimbursements and other money received by
the chief information officer under this section must be deposited in the enterprise technology
revolving fund.
    Subd. 5. Liquidation. If the enterprise technology revolving fund is abolished or liquidated,
the total net profit from the operation of the fund must be distributed to the various funds from
which purchases were made. The amount to be distributed to each fund must bear to the net
profit the same ratio as the total purchases from each fund bears to the total purchases from
all the funds during the same period of time.
History: 2005 c 156 art 5 s 18