Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 725. Oklahoma Tourism and Recreation Department |
Chapter 20. Marketing Services Operation |
Subchapter 7. Reimbursement of Matching Funds to Multicounty Organizations |
SECTION 725:20-7-8. Discretionary expenditures
Latest version.
- (a) Discretionary expenditures are expenditures by a multicounty organization for which reimbursement of matching funds are not requested.(b) Discretionary expenditures are not subject to the limiting provisions of allowable expenditures.(c) Discretionary expenditures shall be identified separately and accounted for in the multicounty organization's annual independent and certified audit.