§ 18800 Athletic Commission Fund Reporting

• •The commission must keep track of all the money it gets and send a detailed report to the Controller every month.
• •Most of the money the commission receives must be sent to the Treasurer and put into a special fund called the Athletic Commission Fund.
• •This rule started on July 1, 2004.

Imagine the commission gets money from selling tickets to a boxing match.

The commission has to write down how much money it got from the tickets and tell the Controller about it every month. Then, it has to send that money to the Treasurer to be saved in the Athletic Commission Fund.