There is established as a nonlapsing fund, the Youth Jobs Fund, managed by the Director of the Office of Human Resources Management or other designee of the County Executive. All funds deposited or allocated to the Youth Jobs Fund, and any interest earned on those funds, shall not revert to the unrestricted fund balance of the General Fund of Prince George's County at the end of a fiscal year, or at any other time, but shall be continually available for the uses and purposes for any youth employment program authorized by this Code without regard to fiscal year limitation. The Youth Jobs Fund may accept funds from public and private sources. The Youth Jobs Fund shall be used to pay for any purpose authorized for any youth employment program authorized by this Code, including administrative and vendor costs; provided, that not more than 10% of the funds expended annually from the Youth Jobs Fund shall be used for administrative or vendor costs. During the fall of each year, on or before November 1, the Director of the Office of Human Resources Management or other designee of the County Executive shall submit to the County Council a report that details the activities, budget, and expenditures, at the program level, of all programs, activities, and projects undertaken by the Youth Jobs Fund from all available funding sources for the most recent fiscal year. The report shall include an assessment of ways to prospectively improve the administration and effectiveness of any youth employment program authorized by this Code.