Title 37 — Public Finance
17 chapters · 393 sections in this title.
AS 37.05.010 Bond of commissioner of administration.
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The commissioner of administration, before entering upon official duties, shall execute a good and sufficient bond in the sum of $10,000 payable to the state, conditioned upon the faithful performance of duties imposed by law. The premium on each bond shall be paid in the same ma…
AS 37.05.020 Regulations.
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The Department of Administration shall adopt regulations for the performance of its powers or duties, the execution of its business, and its relations to and business with other state agencies.
AS 37.05.030 Financial reports and statements. [Repealed, § 19 ch 6 SLA 1998.]
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[Repealed or reserved.]
AS 37.05.035 Annual state loan reports.
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Each state agency that makes or purchases a loan shall prepare an annual report of the aggregate of all loans, by type, made or purchased by the state agency during the preceding fiscal year. The report must include the estimated rate of interest that would have been charged if t…
AS 37.05.040 Legal custody of records.
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The commissioner has the legal custody of all records, memoranda, writing, entries, prints, representations, or combinations of them, of any act, transaction, occurrence, or event of the department.
AS 37.05.050 Federal funds.
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Federal funds received by an agency shall be deposited in the state treasury and disbursed in the same manner as other state money. Federal funds are subject to the fiscal controls imposed by this chapter, except where federal laws or regulations prevent the funds from being depo…
AS 37.05.060 Secs. 37.05.060 — 37.05.120. [Repealed, § 3 ch 188 SLA 1970.]
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Article 2. Uniform Accounting.
AS 37.05.130 General powers.
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The Department of Administration is responsible for all accounts and purchases.
AS 37.05.140 Accounting system.
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(a) The Department of Administration shall maintain centralized accounting records that include the general and controlling accounts of the state. The state agencies shall prepare and transmit the documents prescribed by the department and shall submit the reports and statements …
AS 37.05.142 Accounting for program receipts.
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The Department of Administration shall establish and maintain separate accounts by program source for all program receipts that state agencies deposit under AS 37.10.050 or under another statute if the program receipts are exempted by law from the deposit requirements of AS 37.10…
AS 37.05.144 Appropriations based on program receipts.
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The annual estimated balance in each account maintained under AS 37.05.142 may be used by the legislature to make appropriations to state agencies to administer the programs generating the program receipts, to implement the laws related to the functions generating the program rec…
AS 37.05.146 Definition of program receipts and non-general fund program receipts.
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(a) In AS 37.05.142 — 37.05.146 and AS 37.07.080, “program receipts” means fees, charges, income earned on assets, and other state money received by a state agency in connection with the performance of its functions. Unless otherwise provided in this section, program receipts are…
AS 37.05.150 Funds and accounts.
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The accounting system shall be in accordance with accepted principles of governmental (fund) accounting and shall include both budgetary and property accounts. The system must provide records showing at all times by funds, accounts, and other pertinent classifications the amounts…
AS 37.05.151 [Renumbered as AS 37.05.500.]
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[Repealed or reserved.]
AS 37.05.152 [Renumbered as AS 37.05.510.]
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[Repealed or reserved.]
AS 37.05.153 [Renumbered as AS 37.05.520.]
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[Repealed or reserved.]
AS 37.05.156 [Renumbered as AS 37.05.540.]
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[Repealed or reserved.]
AS 37.05.157 Secs. 37.05.157 , 37.05.158. Reserve for capital outlay account; reserve for energy facilities development account. [Repealed, § 62 ch 14 SLA 1987.]
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[Repealed or reserved.]
AS 37.05.159 Reserve for emergency operating expenses account. [Repealed, § 2 ch 58 SLA 1986.]
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[Repealed or reserved.]
AS 37.05.160 Property records.
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The Department of Administration shall direct the use of inventory records by all state agencies to show all fixed and movable property of the state. The records must be based on a physical inventory and charged with all subsequent purchases and shall be reduced by all property t…
AS 37.05.165 Petty cash accounts.
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The Department of Administration shall determine the amount of the petty cash accounts needed by each state agency and inspect the petty cash accounts at least once each year to determine that the total plus amounts of receipts for unreplenished disbursements is equal to the fixe…
AS 37.05.170 Restrictions on payments and obligations.
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Payment may not be made and obligations may not be incurred against a fund unless the Department of Administration certifies that its records disclose that there is a sufficient unencumbered balance available in the fund and that an appropriation or expenditure authorization has …
AS 37.05.180 Limitation on payment of warrants.
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A warrant upon the state treasury may not be paid unless presented at the office of the commissioner of revenue within six months of the date of its issuance. A warrant not presented within that time is presumed abandoned, except where the warrant is for the payment of a permanen…
AS 37.05.190 Pre-audit of claims.
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(a) The Department of Administration shall examine and audit every receipt, account, bill, claim, refund, and demand on the funds in the state treasury arising from activities carried on by state agencies. It shall determine whether or not the obligation is incurred in accordance…
AS 37.05.200 Pre-audit of receipts.
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The Department of Revenue shall transmit to the Department of Administration copies of receipt documents showing all receipts received by the Department of Revenue. The receipt documents shall be audited, examined, and the amounts entered in the proper accounts in the records of …
AS 37.05.210 Fiscal reporting and statistics.
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(a) The Department of Administration shall (1) file with the governor and with the legislative auditor before December 16 of each year a report of the financial transactions of the preceding fiscal year and of the financial condition of the state as of the end of that year, prepa…
AS 37.05.215 State financial transactions Internet website.
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Article 3. Payment for State Purchases. (a) The Department of Administration shall develop, operate, and maintain a searchable Internet website that is accessible to the public at no cost and that provides financial information available from the central accounting system or the …
AS 37.05.220 Purchasing agent. [Repealed, § 67 ch 106 SLA 1986. For current provisions see AS 36.30.]
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[Repealed or reserved.]
AS 37.05.225 [Renumbered as AS 36.30.180.]
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[Repealed or reserved.]
AS 37.05.230 Secs. 37.05.230 — 37.05.280. Competitive bids; contracts; leases. [Repealed, § 67 ch 106 SLA 1986. For current provisions, see AS 36.30.]
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[Repealed or reserved.]
AS 37.05.285 Payment for state purchases.
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Article 4. Risk Management. (a) Payment for purchases of goods or services provided a state agency shall be made by a required payment date that is (1) the date on which payment is due under the terms of a contract; or (2) 30 days after receipt of a proper billing for the amount …
AS 37.05.287 Insurance for state assets.
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(a) The Department of Administration shall obtain or provide, in an amount and in the form that the department determines to be appropriate, casualty, property, and other insurance for protection of state assets and for the operation of state government. The department may provid…
AS 37.05.289 State insurance catastrophe reserve account.
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(a) There is established in the general fund a state insurance catastrophe reserve account consisting of assets appropriated to it by the legislature, assets allocated to the account by the Department of Administration as provided in this section, and amounts deposited into the a…
AS 37.05.290 Purpose of chapter. [Repealed, § 67 ch 106 SLA 1986.]
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[Repealed or reserved.]
AS 37.05.300 [Renumbered as AS 37.05.900.]
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[Repealed or reserved.]
AS 37.05.305 [Renumbered as AS 37.05.910.]
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[Repealed or reserved.]
AS 37.05.310 [Renumbered as AS 37.05.920.]
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Article 5. Administration of Grants.
AS 37.05.315 Grants to municipalities.
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(a) When an amount is appropriated or allocated as a grant to a municipality, the Department of Commerce, Community, and Economic Development shall promptly notify the municipality of the availability of the grant. When the Department of Commerce, Community, and Economic Developm…
AS 37.05.316 Grants to named recipients.
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(a) When an amount is appropriated or allocated to a department as a grant under this section for a named recipient that is not a municipality, the department to which the appropriation or allocation is made shall promptly notify the named recipient of the availability of the gra…
AS 37.05.317 Grants to unincorporated communities.
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(a) When an amount is appropriated or allocated as a grant under this section to an unincorporated community, it shall be disbursed as follows: (1) Within 45 days after the effective date of the appropriation or allocation, the Department of Commerce, Community, and Economic Deve…
AS 37.05.318 Further regulations prohibited.
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Notwithstanding AS 44.62 (Administrative Procedure Act), AS 37.07 (Executive Budget Act), and other provisions of this chapter, a state agency may not adopt regulations or impose additional requirements or procedures to implement, interpret, make specific, or otherwise carry out …
AS 37.05.319 [Renumbered as AS 37.05.325.]
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[Repealed or reserved.]
AS 37.05.320 [Renumbered as AS 37.05.990.]
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[Repealed or reserved.]
AS 37.05.321 Restriction on use.
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A grant or earnings from a grant made under AS 37.05.315 — 37.05.317 may not be used for the purpose of influencing legislative action. In this section “influencing legislative action” means promoting, advocating, supporting, modifying, opposing, or delaying or seeking to do the …
AS 37.05.325 Definitions for AS 37.05.315 — 37.05.317.
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In AS 37.05.315 — 37.05.317, “allocation” and “appropriation” have the meanings given in AS 37.07.120.
AS 37.05.330 [Renumbered as AS 37.05.410.]
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[Repealed or reserved.]
AS 37.05.400 [Renumbered as AS 37.05.990.]
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[Repealed or reserved.]
AS 37.05.410 [Renumbered as AS 37.05.995.]
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Article 6. Special Funds.
AS 37.05.500 Special funds.
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(a) The following funds shall be treated for accounting purposes as accounts in the general fund: (1) special revolving fund — surplus property (AS 44.68.130(c)); (2) the vocational rehabilitation small business enterprise revolving fund (AS 23.15.130). (b) There shall be created…
AS 37.05.510 Working reserve account.
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(a) There is established in the general fund a working reserve account. The working reserve account consists of amounts appropriated to state agencies for (1) cash payment of accrued leave; (2) cash payment of terminal leave; (3) payment of the employer's contribution for unemplo…