Sec. 4-78. Information contained in budget recommendations.
Sec. 4-78. Information contained in budget recommendations. The budget recommendations for the capital program to be paid from appropriated funds, proceeds of
authorized bond issues or any federal or other funds available for capital projects shall
be supported by statements indicating recommended priorities for projects and setting
forth for each project: (a) The total estimated cost at completion; (b) appropriations,
bond authorizations and federal or other funds received to date; (c) additional appropriations or bond authorizations required for completion; (d) the amount available for expenditure from bond authorizations, appropriations or federal or other funds of prior years;
(e) the bond authorization or appropriation recommended for each fiscal year of the
ensuing biennium; (f) the amount available for each fiscal year of the ensuing biennium
if the budget recommendation is approved; (g) bond authorizations or appropriations
estimated to be required for subsequent fiscal years for completion; and (h) the estimated
addition to the operating budget when completed. All capital projects authorized, begun
or completed in prior years shall be reviewed annually in terms of requirement for
continuation of appropriations made to date and, where appropriation balances remain
at completion or no imminent forwarding of the project is contemplated or where the
project has been abandoned, recommendation shall be made for the reduction of such
authorized bond issues or the lapsing of such appropriation balances.
(1951, S. 81d; 1971, P.A. 1, S. 9; P.A. 78-298, S. 10, 14; June Sp. Sess. P.A. 91-3, S. 41, 168.)
History: 1971 act changed language to reflect switch from biennial to annual sessions; P.A. 78-298 amended section
to include bond authorizations and federal and other funds in consideration of project priorities; June Sp. Sess. P.A. 91-3
amended language to reflect change from annual to biennial budget, effective July 1, 1992, and first applicable to biennium
commencing July 1, 1993.
Cited. 200 C. 386.