Difference between revisions of "Template:Arkansas budget process"

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(Created page with "The state operates on a biennial budget cycle. The sequence of key events in the budget process is as follows:<ref>[http://www.ncsl.org/issues-research/budget/state-experience...")
 
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The state operates on a biennial budget cycle. The sequence of key events in the budget process is as follows:<ref>[http://www.ncsl.org/issues-research/budget/state-experiences-with-annual-and-biennial-budgeti.aspx ''National Conference of State Legislatures'' "State Experiences with Annual and Biennial Budgeting," updated April 2011]</ref><ref name=process>[http://www.nasbo.org/sites/default/files/BP_2008.pdf ''National Association of State Budget Officers'' "Budget Processes in the States, Summer 2008," accessed February 21, 2014]</ref>
 
The state operates on a biennial budget cycle. The sequence of key events in the budget process is as follows:<ref>[http://www.ncsl.org/issues-research/budget/state-experiences-with-annual-and-biennial-budgeti.aspx ''National Conference of State Legislatures'' "State Experiences with Annual and Biennial Budgeting," updated April 2011]</ref><ref name=process>[http://www.nasbo.org/sites/default/files/BP_2008.pdf ''National Association of State Budget Officers'' "Budget Processes in the States, Summer 2008," accessed February 21, 2014]</ref>
 
# Budget instructions are sent to state agencies in '''May''' of the year preceding the start of the new biennium.  
 
# Budget instructions are sent to state agencies in '''May''' of the year preceding the start of the new biennium.  
# State agencies submit their budget requests to the [[Arkansas Governor|Governor]] in '''July'''.  
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# State agencies submit their budget requests to the [[Arkansas Governor|governor]] in '''July'''.  
 
# Agency hearings are held from '''August through October'''.
 
# Agency hearings are held from '''August through October'''.
 
# Public hearings are held from October through December.
 
# Public hearings are held from October through December.
# The Governor submits his or her proposed budget to the [[Arkansas State Legislature|state legislature]] in '''November'''.  
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# The governor submits his or her proposed budget to the [[Arkansas State Legislature|state legislature]] in '''November'''.  
 
# The state legislature debates the budget from '''January through April'''. The budget must be passed by a three-fourths majority.  
 
# The state legislature debates the budget from '''January through April'''. The budget must be passed by a three-fourths majority.  
 
# The fiscal year begins '''July 1'''.  
 
# The fiscal year begins '''July 1'''.  
  
The Governor may exercise line item veto, item veto of appropriations, and item veto of selected words.<ref name=process/>
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The governor may exercise line item veto, item veto of appropriations, and item veto of selected words.<ref name=process/>
  
 
The Governor is required by statute to submit a balanced budget. The legislature is not legally required to pass a balanced budget, but the Governor is required by statute to sign a balanced budget.<ref name=process/><noinclude>{{reflist}}[[Category:State budget process templates]]</noinclude>
 
The Governor is required by statute to submit a balanced budget. The legislature is not legally required to pass a balanced budget, but the Governor is required by statute to sign a balanced budget.<ref name=process/><noinclude>{{reflist}}[[Category:State budget process templates]]</noinclude>

Revision as of 14:34, 10 June 2014

The state operates on a biennial budget cycle. The sequence of key events in the budget process is as follows:[1][2]

  1. Budget instructions are sent to state agencies in May of the year preceding the start of the new biennium.
  2. State agencies submit their budget requests to the governor in July.
  3. Agency hearings are held from August through October.
  4. Public hearings are held from October through December.
  5. The governor submits his or her proposed budget to the state legislature in November.
  6. The state legislature debates the budget from January through April. The budget must be passed by a three-fourths majority.
  7. The fiscal year begins July 1.

The governor may exercise line item veto, item veto of appropriations, and item veto of selected words.[2]

The Governor is required by statute to submit a balanced budget. The legislature is not legally required to pass a balanced budget, but the Governor is required by statute to sign a balanced budget.[2]