As per Section 86 (2) of the AP Reorganisation Act, 2014,
the Governments of the successor States shall at all times provide the necessary funds to the Board
to meet all expenses (including the pay and allowances of the staff) required for the discharge
of its functions and such amounts shall be apportioned between the States concerned in such proportion
as the Central Government may, having regard to the benefits to each of the said States, specify.
It was agreed by the States to share the funds in 50:50 ratio during 8th Board meeting of KRMB.