Introduced by Sen. Jim Marleau (R) on May 21, 2014, to establish new budget process, disclosure and audit requirements for local governments and school districts. Among other things local government governing bodies would be prohibited from approving a budget “by reference;” their chief administrative officer would be required to recommend an annual budget that complies with the form and standards prescribed by the state; and they would have to immediately report a current or projected deficit to the state Department of Treasury, along with a plan to correct it. School districts that project a decline in student counts would be required to amend (cut) their current budgets to recognize this. Full Text and Analysis.
Referred to the Senate Appropriations Subcommittees Committee on May 21, 2014.