(1) Each participating unit of government shall submit reports to the cabinet on March 31, June 30, September 30, and December 31 of each year containing information relative to number, rank, education, training, and compensation of police officers employed by it and the disposition made of any state or other funds received pursuant to KRS 15.410 to 15.510. Nothing in this section shall prohibit the cabinet from requiring additional information or reports from participating units of government;
(2) Units of government shall include the additional compensation paid to each police officer from the Law Enforcement Foundation Program fund as a part of the officer's salary in determining all payroll deductions.