The Local System Road Program shall be administered by the State Aid Engineer. In administering the program, the State Aid Engineer shall have the following powers and duties:
To supervise the use of all funds made available for the purposes of this chapter for use on local system roads in the State of Mississippi;
To allocate to each county that county's share of all monies made available under the provisions of this chapter but only when the county has complied with the provisions of this chapter and only when the county is eligible for the allocation of monies under the Local System Road Program;
To keep and compile records of all expenditures on local system roads to which money is disbursed under the provisions of this chapter, which records must be kept separate and apart from other state aid records;
To approve the construction of local system roads, including roadbeds, grades and drainage, before authorizing the release of funds under this chapter;
To establish such rules and regulations as the State Aid Engineer determines as necessary to implement the provisions of the Local System Road Program; and
To report to the Legislature, no later than January 1 of each year, on the Local System Road Program. Such report shall include what projects were approved and constructed, the number of miles constructed or improved and the cost per mile for such construction and improvement.