New Jersey A1497 mandates the State Treasurer to create and integrate zero-based budgeting practices in the Governor's annual budget message.
New Jersey A1497, known as the "Zero-Based Budget Act," requires the State Treasurer to develop and integrate zero-based budgeting practices and procedures in the preparation and submission of the Governor's annual budget message. This act mandates that spending agencies justify their requests for appropriations or permissions to spend based on the cost-effective achievement of their tasks, goals, and objectives, without regard to prior appropriations or spending permissions.
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