For the fiscal year commencing July 1, 1969, there is hereby appropriated from the general fund of the State, on behalf of each county, a sum equal to one hundred and fifty dollars for each one thousand persons residing in the county according to the most recent official United States census. This sum is to be maintained by the Judicial Department and disbursed as follows:

1. (a) Upon receipt of an application for funds from a defender corporation, and upon finding that the defender corporation has satisfied the requirements of this chapter, the Judicial Department shall disburse to the defender corporation such funds as are necessary for the month-to-month operation of the corporation, but in no event to exceed the total appropriated hereunder; and
2. (b) Upon receipt of written application from an appointed private counsel payment shall be made to him in the amount approved by the trial judge, provided that no such payment shall be made after the funds appropriated for that county or counties in the defender corporation area have been exhausted.