SB6357 amends budget sustainability provisions, focusing on financial policies and capital projects.
SB6357 revises budget sustainability provisions, emphasizing financial policies and capital projects. It mandates that the governor's budget message include an outline of financial policies and performance indicators. The budget document must propose expenditures and include a capital budget with a long-range facilities plan. It also sets criteria for available fiscal resources and projected maintenance levels. The bill requires a positive ending fund balance and limits the projected maintenance level to available fiscal resources.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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