(1) For purposes of determining the moneys available in the Oregon Forest Land Protection Fund described in ORS 477.750 as of February 16, such shall be the balance shown on such date less the total of:
(a) The unexpended balance as of February 16 of the amount budgeted to be expended from the account for the fiscal year in which the determination is made; and
(b) The amount budgeted to be expended from the account for the following fiscal year.
(2) The insurance principle is recognized in providing funds for emergency forest fire control.