Kan. Admin. Regs. § 112-18-5 - Report of expenses and allocation of purse monies between horses and greyhounds

Within five days of the completion of any simulcast race or program, each simulcasting licensee shall report in writing the simulcast expenses and revenues or an estimate of the simulcast expenses and revenues to the inspector of parimutuels or his designee. Each report shall detail those expenses incurred by the licensee that are directly related to the simulcast race or program. Each report shall itemize the monies available for purses and how they will be allocated between horses and greyhounds. Immediately upon receipt of expense billings, each licensee shall submit to the inspector of parimutuels a written report of actual simulcast expenses for those expenses previously estimated. Each licensee shall reconcile estimated and actual expenses weekly. Each report of expenses and allocation of purse monies shall be subject to audit by the commission.

Notes

Kan. Admin. Regs. § 112-18-5

Authorized by K.S.A. 1991 Supp. 74-8804, as amended by L. 1992, Ch. 27, Sec. 3; implementing L. 1992, Ch. 27, Sec. 2; effective, T-112-4-27-92, April 27, 1992; effective, T-112-9-10-92, Sept. 10, 1992; effective Nov. 23, 1992.