11-13-507.  Total of revenues to equal expenditures.

(1)  The budget under Section 11-13-506 shall provide a financial plan for the budget year.

Terms Used In Utah Code 11-13-507

  • Budget: means a plan of financial operations for a fiscal year that embodies estimates of proposed expenditures for given purposes and the proposed means of financing them, and may refer to the budget of a particular fund for which a budget is required by law or may refer collectively to the budgets for all required funds. See Utah Code 11-13-501
  • Budget year: means the fiscal year for which a budget is prepared. See Utah Code 11-13-501
(2)  Each budget shall specify in tabular form:

(a)  estimates of all anticipated revenues; and

(b)  all appropriations for expenditures.

(3)  The total of the anticipated revenues shall equal the total of appropriated expenditures.

Enacted by Chapter 265, 2015 General Session