For the purpose of financing the operations of the City-Council museum system, the City and County will each provide 50 percent of stat1ing, display and program development and operational costs.
In addition, the City will provide the cost of general upkeep, utilities, real estate and major capital improvements for the Pettigrew Home and Museum and grounds. The County will provide the cost of general upkeep, utilities, real estate and major capital improvements for the Old Courthouse Museum and grounds.
Revenues and expenditures associated with the operation of the Museum Store shall be established in a special fund to be administered by the County, and called The Museum Store Special Fund. Use of this fund shall be restricted to the operational expenses of Museum Store. Any funds in excess of operational expenses shall be used solely for the benefit of the Siouxland Heritage Museums upon approval of the Board.
A Museum Store Enterprise Fund shall be administered by the County to account for the revenues and expenditures directly associated with rental of museum space to the public and public events and programs for which a fee is charged or sponsorship funds are raised. Use of this fund shall be restricted to the direct operational expenses of rental of the museums, and for direct operational expenses associated with programs or special events for which a fee is charged or sponsorship funds are raised. Any funds in excess of these direct operational expenses shall be used solely for the benefit of the Siouxland Heritage Museums upon approval of the Board. The Board shall file an annual report with the City and County no later than February I of the following fiscal year, reporting the enterprise fund revenues and expenditures of the previous fiscal year.
Each year, on or before October 1, the City and County shall hold joint budget hearings to approve the budget for the ensuing year.
All employees and the Director shall be under the jm1sdiction of the Board for purposes of program direction, but shall be under the administrative jurisdiction of the County for the purpose of hiring, salaries, discipline, termination, payroll and employee benefits.