New Jersey Statutes 52:27B-20. Governor’s budget message; presentment; form
Terms Used In New Jersey Statutes 52:27B-20
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Joint session: When both chambers of a legislature adopt a concurrent resolution to meet together.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
The budget message shall include the proposed complete financial program of the State Government for the next ensuing fiscal year, and shall set forth in columnar form detailed as to each source of anticipated revenue and the purposes to which the recommended appropriations and permissions to spend shall apply for each spending agency in substantially the following form:
A. Revenues for the General Fund, other budgeted State revenues, all other dedicated funds, Federal aid funds, and trust funds:
(1) An estimate of all balances to be on hand on the first of July next ensuing which are to be available for appropriations, supported by the calculations used in arriving at the estimated figures;
(2) An estimate of the anticipated revenues from all sources applicable to the budget period, together with the actual amount earned from each source during the last completed fiscal year, and the estimate of revenues expected to be earned from each source for the current fiscal year.
B. (Deleted by amendment, P.L.2003, c.275).
C. Appropriations. The total of the appropriations recommended for the ensuing fiscal year in substantially the following form:
Detailed Budget:
(1) An itemized statement of all appropriation requests and requests for permission to spend from the General State Fund, other budgeted State revenues, other dedicated funds and Federal aid and trust funds;
(2) An itemized statement of the amounts recommended by the Governor with respect to item “1” above;
(3) An itemized statement of all amounts appropriated and permissions granted for the current fiscal year with respect to item “1” above;
(4) An itemized statement of all amounts appropriated and permissions granted for the last preceding fiscal year with respect to item “1” above detailed as to annual and supplemental appropriations, transfers of appropriations, State Emergency Fund allotments, and permission to spend, as the case may be, and showing also total expenditures, reserves, lapses and unencumbered balances;
(5) In addition, such other statistical information as may more fully show comparisons and costs of the several departments.
L.1944,c.112,s.11; amended 1946, c.1; 1946, c.199; 2003, c. 275, s.1.