(1) Fifty percent of the moneys collected pursuant to section 18-4-509 (2)(a), C.R.S., shall be transmitted to the state treasurer, who shall credit the same to the juvenile diversion cash fund, which fund is hereby created and referred to in this section as the "fund". The moneys in the fund shall be subject to annual appropriation by the general assembly for the direct and indirect costs associated with the implementation of the juvenile diversion program pursuant to section 19-2-303.
The division of criminal justice of the department of public safety is authorized toseek and accept gifts, grants, or donations from private or public sources for the purposes of implementing the juvenile diversion program pursuant to section 19-2-303. All private and public funds received through gifts, grants, or donations shall be transmitted to the state treasurer, who shall credit the same to the fund.
Any moneys in the fund not expended for the purpose of the juvenile diversion program may be invested by the state treasurer as provided by law. All interest and income derived from the investment and deposit of moneys in the fund shall be credited to the fund.
Any unexpended and unencumbered moneys remaining in the fund at the end of afiscal year shall remain in the fund and shall not be credited or transferred to the general fund or another fund.
Source: L. 2003: Entire section added, p. 1905, § 7, effective July 1.