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date such notice is given, subject to each County Authority's appropriation process and procedures. Nothing contained in this Section 8.2 is or shall be deemed to be for the benefit of any person other than the County Authorities and the ASO, and no such person shall under any circumstances have any right to compel any actions or payments by the County Authorities. 8.3 Capital Accounts. 8.3 .1 Establishment and Mainrenano . A separate Capital Account will be maintained for each County Authority throughout the term of the ASO. Each County Authority's Capital Account will be increased by (1) the amount of money contributed by such County Authority to the ASO; and (2) the fair market value of property contributed by such County Authority to the ASO (net of liabilities secured by such contributed property that the ASO is considered to assume). 8.3.2 C · mpJiance with Regu.lations. The manner in which Capital Accounts are to be maintained pursuant to this Section 8.3 is intended to comply with the requirements of Code Section 704 (b) and the Regulations promulgated thereunder. If in the opinion of the ASO's legal counsel or auditors the manner in which Capital Accounts are to be maintained pursuant to the preceding provisions of this Section 8.3 should be modified in order to comply with Code Section 704 (b) and the Regulations thereunder, then notwithstanding anything to the contrary contained in the preceding provisions of this Section 8.3, the method in which Capital Accounts are maintained shall be so modified; provided, however, that any change in the manner of maintaining Capital Accounts shall not materially alter the economic agreement between or among the County Authorities. ARTICLE 9 --ACCOUNTING, BOOKS, AND RECORDS 9.1 AccounHng Method . The ASO's books and records shall be kept, and its financial statements prepared, under such permissible methods of accounting, consistently applied, as the Executive Committee determines is in the best interest of the ASO and its County Authorities and in full compliance with record-keeping and accounting methods required by Washington law and/or the Washington State Auditor and in compliance with the requirements of any state or federal program providing funding or other support for the ASO's programs and services. 9.2 Bude.et. The GCBH, LLC Administrator shall prepare, and the Executive Committee shall consider and adopt, an annual budget reflecting proposed revenues and expenditures for the next fiscal year no later than December 1, of each preceding fiscal year. 9.3 Disbursements. Funds received by contract from the HCA shall be disbursed according to the budget as approved. Vouchering and reimbursement procedures shall be developed in accordance with relevant regulations and approved equitable allocation formulas. 9 .4 Funds and Audit. Pursuant to RCW 71.24.100, GCBH, LLC shall appoint a single fiscal agent to serve the fiscal and financial needs of the ASO. Funds provided to the ASO FIRST AMENDED ASO OPERA TING AGREEMENT Page 18 of 33