CHAPTER 106
WATERSHED IMPROVEMENT FUND
27—106.1(466A) Purpose. The fund shall be used for the enhancement of water quality through a variety of impairment-based, locally directed watershed improvement projects; to positively affect the management and use of water for the purposes of drinking, agriculture, recreation, sport and economic development; and to ensure public participation in the process of determining priorities related to water quality.
27—106.2(466A) Administration. The treasurer shall administer the fund upon the direction of the board.
	106.2(1) Moneys in the fund shall be used exclusively for carrying out the purposes of the fund.
	106.2(2) Moneys appropriated to the fund and any other moneys available to and obtained or accepted by the treasurer for placement in the fund shall be deposited in the fund.
	106.2(3) Moneys appropriated to the treasurer and deposited in the fund shall not be used by the treasurer for administrative purposes.
	106.2(4) Notwithstanding Iowa Code section 12C.7, subsection 2, interest or earnings on moneys in the fund shall be credited to the fund.
	106.2(5) Notwithstanding Iowa Code section 8.33, moneys in the fund that remain unencumbered or unobligated at the end of the fiscal year shall not revert, but shall remain available for the same purpose in the succeeding fiscal year.
These rules are intended to implement Iowa Code chapter 466A.
[Filed emergency 8/25/05—published 9/14/05, effective 8/25/05]
[Filed 1/27/06, Notice 9/14/05—published 2/15/06, effective 4/3/06]
[Filed ARC 1053C (Notice ARC 0927C, IAB 8/7/13), IAB 10/2/13, effective 1/1/14]