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EXHIBIT B <br />FUNDING REQUIREMENTS <br />AGENCY Financial System Report: AGENCY agrees to provide STATE PARKS with a report <br />from the AGENCY'S financial system that demonstrates that vessel registration fees (VRFs) are <br />deposited in a dedicated account and showing the deposit of state vessel registration funds <br />received from the Office of State Treasurer. See Exhibit E for an example. This report may not <br />be an Excel spreadsheet, and it must be submitted with the Vessel Registration Fee <br />Expenditure Report. <br />VRF Fund Balance Report: AGENCY agrees to provide STATE PARKS a report from the <br />AGENCY financial system showing the fund balance of the dedicated VRF account. See Exhibit <br />E for an example. VRF fund balance on this system -generated report should match the bottom <br />line on the VRF report ("Total Remaining Balance of State VRF funds for Fiscal Year"). <br />Provide Local Spending: AGENCY agrees to contribute local funds to provide financial <br />support to its marine law enforcement program to augment the funding provided through VRFs. <br />Limitation on Use of Funds: AGENCY agrees to use VRFs solely for recreational boating <br />safety purposes, which include all activities or expenditures identified in the document <br />"Allowable Costs and Expenditures for State Vessel Registration Fees and Federal Assistance <br />Grants," as now existing or as may be updated in the future. This document can be found on the <br />MLE Forms Website at: http://mle.parks.wa.gov/. AGENCY may charge actual, direct <br />administrative costs to the VRF account. An example would be actual staff hours spent to fill out <br />forms, or to maintain the dedicated account. AGENCY agrees not to charge administrative fees <br />based on an estimated percentage of a staff person's time. <br />Local Ordinances, STATE PARKS notification: AGENCY agrees that if it adopts a local <br />ordinance governing recreational boating, the ordinances will be at least as restrictive as, but <br />may be more restrictive than, Washington State boating laws and regulations. <br />Updated 10/28/2020 Page 8 of 24 <br />