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