(a)

1. (1) The used tire program shall follow a budget and maintain an orderly accounting system to document used tire revenues and expenditures.
2. (2) The used tire program shall observe all applicable accounting procedures and rules in the management of funds received from the Used Tire Recycling Fund.
3. (3) Used tire program funds shall be accounted for separately from other types of funds held by the used tire program.

(b)

1. (1) Pursuant to Arkansas Code § 8-6-704(d), expenditures, reimbursement funds, and grant funds received from the fund shall be listed in each used tire program’s annual financial audit separately from other used tire program revenues.
2. (2) Interest accrued as a result of the fund shall be delineated from other used tire program revenues.

(c)

1. (1) Within thirty (30) calendar days from the end of each calendar quarter, using Form TAP-9 to be provided by the Division of Environmental Quality, each used tire program shall, at the least, provide the division with quarterly reports summarizing progress in the project and expenditures from moneys from the fund, as well as all revenue received or generated as a result of the used tire program’s implementation of the Tire Accountability Program.
2. (2) The report shall include the quantity and types of fee-paid tires processed and the quantity and types of fee-waived tires processed, as well as any other information, as determined by the division, including documentation of revenues and expenditures for the calendar quarter and reserve funds.