§8-25-12. Annual budget of regional council; contributions by
governmental units; deposits and disbursements.
Each regional council shall adopt an annual budget, to be
submitted to the participating governmental units which shall each
contribute to the financing of the council according to a formula
adopted by the council and approved by a majority of the counties
and a majority of the municipalities participating in the regional
council. All such contributions shall be fair and equitable and
shall be based on the population of each participating governmental
unit as determined on the basis of the latest decennial census, or
such other criteria as may be determined by each respective
regional council. Each participating county and municipality is
hereby directed and empowered to pay over and contribute to the
operation of said councils in accordance with the formula adopted
as hereinbefore provided. Such sums, as are appropriated
hereunder, may be transferred to the regional councils for deposit
and disbursement as the regional councils may designate and direct.
By such transfer, the governing body designates the regional
council as its disbursing agent.