There is established as a special fund the State Athletic Activities, Programs, and Office Fund (“Fund”), which shall be used solely as provided in subsection (b) of this section, and which shall be administered by the State Superintendent of Education. The State Superintendent of Education may designate or assign the authority to administer the Fund to an entity within the Office of the State Superintendent of Education, including the SAO. The Fund shall be used to enhance the development of state interscholastic athletic programs and competitions and to supplement the operations budget of the DCSAA. The Statewide Director of Athletics shall prioritize resources from the Fund to ensure well-designed and effective interscholastic athletic programs and competitions. The Fund may be used for the financial support of state athletic programs and competitions that are well-designed and effective and comply with National Federation of State High School Associations standards and District laws and regulations, including for: Championship events; Equipment; Memorabilia; Training; Security; Awards; and Related operations. The Fund shall consist of the revenue from the following sources: Annual appropriations; Any proceeds resulting from athletic programs and activities organized or directed by the SAO or DCSAA, or both, including: Sponsorships or advertisements; Ticket or merchandise sales; Fundraising activities; Competitions; or Other athletic programs and activities; and Interest earned on funds deposited into the Fund. The money deposited into the Fund shall not revert to the unrestricted fund balance of the General Fund of the District of Columbia at the end of a fiscal year, or at any other time. Subject to authorization by Congress, any funds appropriated in the Fund shall be continually available without regard to fiscal year limitation.
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