Strike everything after the
enacting clause and insert:
"Section 1. Title 35, chapter 1, article 1, Arizona Revised Statutes, is
amended by adding section 35-104, to read:
35-104. State financial condition; reports
A. The state treasurer shall prepare and submit
to the governor, the president of the senate and the speaker of the house of
representatives on the first day of each regular session of the legislature a
statement under oath that describes the financial condition of the state
treasury at the close of the preceding fiscal year and that contains an
estimate of the probable receipts and disbursements from the state treasury for
the current fiscal year. The statement shall include an itemized
estimate of the anticipated revenue from all sources based on the laws in
effect that will be received by this state and shall show the fund accounts to
be credited during the subsequent two fiscal years. The state
treasurer shall submit a supplemental statement of financial condition at the
beginning of any special session of the legislature and at any other time it is
necessary to illustrate probable changes in the state's financial condition.
The department of administration and the department of revenue shall provide at
no cost to the state treasurer the information necessary to complete the
statement required by this subsection in a manner and schedule prescribed by
the state treasurer.
B. When the legislature adopts a general
appropriations act, the state treasurer shall prepare a statement of whether
the amount appropriated is within the amount estimated to be available in the
affected funds. The information prepared by the state treasurer
pursuant to this subsection shall be submitted to the governor, the president
of the senate and the speaker of the house of representatives and shall be
posted on the state treasurer's official website.
Sec. 2. Section
35-115, Arizona Revised Statutes, is amended to read:
35-115. Contents of budget report
Each budget
report as required by section 35‑111 shall include the following:
1. Summary statements of
the financial condition of the state, to include:
(a) A consolidated
balance sheet showing all current assets and liabilities of the state at the
close of the fiscal year last concluded.
(b) Summary statements of
the actual income and expenditures of the fiscal year last concluded.
(c) Similar summary
statements of estimated fund balances for the current fiscal year.
2. Schedules showing
actual income from each source for the preceding fiscal year and the estimated
income of the current fiscal year and of the two ensuing fiscal years for
biennial budget units and for the next fiscal year for annual budget units.
The statements of income and estimated income shall be itemized by source, by
budget units and sources,
and by funds and shall show separately revenue from nonrevenue, all detailed by
sources.
3. Detailed comparative
statements of expenditures and requests for appropriations by funds, budget
units, budget programs and budget classes, showing the expenditures for the
fiscal year last concluded, and the estimated expenditures for the current
year, and the request of each budget unit and the governor's recommendations
for appropriations for the two ensuing fiscal years for biennial budget units
and for the next fiscal year for annual budget units, all distributed according
to budget programs and budget classes. In connection with each expenditure
involving construction projects to be completed in one or more fiscal years,
there shall be shown the total estimated cost of each project and the amount
recommended to be appropriated and expended in each ensuing fiscal year until
completion of the project. The state capital improvement plan and
the governor's recommendations concerning the plan shall be incorporated into
the budget report.
4. A summary statement
for each fund of the cash resources estimated to be available at the beginning
of the next two fiscal years for biennial budget units and for the next fiscal
year for annual budget units and the estimated cash receipts for the two
ensuing fiscal years for biennial budget units and for the next fiscal year for
annual budget units, as compared with the total recommended amounts for
appropriations for all budget programs and budget classes for the two ensuing
fiscal years for biennial budget units and for the next fiscal year for annual
budget units, and if the total of the recommended expenditures exceeds the
total of the estimated resources, recommendations as to how the deficiency is
to be met and estimates of receipts from any proposed additional revenues.
5. Each fiscal year for
annual budget units and biennially for biennial budget units, delineation of
requested expenditures for administrative costs, including administrative
personnel salaries and employee related expenses and direct, indirect and
shared costs for administrative office space, equipment, supplies and
overhead. For the purposes
of this paragraph, "administrative" means any supportive activity
relating to management, supervision, budget or execution of the affairs of the
budget unit as distinguished from activities relating to its primary direct
service functions. The process of delineation and determination of what
constitutes administrative costs for each budget unit shall be developed by the
governor's office of strategic planning and budgeting in consultation with the
director and staff of the joint legislative budget committee.
6. A summary on one page
or less providing selected performance measures of the budget unit for the
previous fiscal year and the budget years. The performance measures may be expressed
as service level measures on a unit cost basis and shall be established by the
governor's office of strategic planning and budgeting in consultation with the
director and staff of the joint legislative budget committee.
7. A separate statement on the first page of the
budget report indicating whether the total amount of state revenues, as defined
by article IX, section 17, Constitution of Arizona, included in the report for
expenditure in the next fiscal year, including expenditures by the legislature,
the judiciary, the Arizona board of regents and the department of
transportation, will or will not exceed the amount of state revenues
appropriated for the current fiscal year, adjusted according to the annual
change in the population of this state, for the cost of living as reported by
the economic estimates commission pursuant to section 41-562, subsection C,
paragraph 2 and enrollment and caseload growth attributed to programs or
services provided by the Arizona health care cost containment system, the state
department of corrections, the department of economic security, the department
of education and the department of health services. The statement
shall also assert the difference between the proposed expenditure levels and
the appropriations limitation established by article IX, section 17,
constitution of Arizona. The governor shall prominently post the
statement on the governor's office website through June 30 after the budget
report is issued. For the purposes of this paragraph, appropriations of state
revenues that are authorized and available for expenditure in more than one
fiscal year and that are exempt from the provisions of section 35-190 relating
to lapsing of appropriations shall be considered to have been appropriated for
expenditure only in the first authorized fiscal year regardless of whether any
of those amounts have been or may be carried forward.
Sec. 3. Title 35,
chapter 1, article 2, Arizona Revised Statutes, is amended by adding section
35-125, to read:
35-125. Legislative budget; statement of increased appropriations
Each year before transmitting the general appropriation act
to the governor, the legislature may adopt by concurrent resolution a statement
indicating whether the total amount of state revenues, as defined by article
IX, section 17, Constitution of Arizona, appropriated in that legislative
session for expenditure in the next fiscal year by all budget units will or
will not exceed the amount of state revenues appropriated for the current
fiscal year, adjusted according to the annual change in the population of this
state, for the cost of living as reported by the economic estimates commission
pursuant to section 41-562, subsection C, paragraph 3 and enrollment and
caseload growth attributed to programs or services provided by the Arizona
health care cost containment system, the state department of corrections, the
department of economic security, the department of education and the department
of health services. The statement shall also assert the difference
between the proposed expenditure levels and the appropriations limitation
established by article IX, section 17, constitution of Arizona. The
legislature shall also prominently post the concurrent resolution on the
legislature's website through December 31 of the calendar year it was
adopted. For the purposes of this paragraph, Appropriations of state
revenues that are authorized and available for expenditure in more than one
fiscal year and that are exempt from the provisions of section 35-190 relating
to lapsing of appropriations shall be considered to have been appropriated for
expenditure only in the first authorized fiscal year regardless of whether any
of those amounts have been or may be carried forward.
Sec. 4. Section
41-562, Arizona Revised Statutes, is amended to read:
41-562. Powers and duties of the commission; definition
A. The economic estimates
commission shall determine and report to the legislature prior to before January 15 of each year the following:
1. The estimated total
personal income in Arizona for the next fiscal year.
2. The estimated total
personal income in Arizona for the current fiscal year.
3. The estimated
percentage change per capita of estimated total personal income in Arizona for the next fiscal year.
4. The estimated per
capita personal income in Arizona for the current fiscal year.
B. Other state agencies
shall assist the economic estimates commission in furnishing available data and
information necessary for development of the required estimates. In
no event shall the commission authorize an independent study or employ
consultants in the performance of its duties.
C. The economic estimates
commission shall determine and publish prior
to before:
1. November 15 of each year the
maximum dollar amount which
that is expected to be
available for legislative appropriation from state tax revenues pursuant to
article IX, section 17, of the Constitution of Arizona, for the succeeding
fiscal year. The dollar amount available for appropriation from
state tax revenues shall be computed by multiplying together the appropriation
percentage limitation for the succeeding fiscal year and the estimated total
personal income of the state of Arizona for the succeeding fiscal year.
2. DECEMBER 15 of each year:
(a) The
positive or negative percentage change from the preceding year in the
population of this state, using the most recent United States decennial census
or the most recent annual update of the census by the department of ECONOMIC
security.
(b) The
positive or negative percentage change from the preceding year in the cost of
living, using the implicit price deflator for the gross national product
reported by the United States department of commerce for the four most recent
calendar quarters for which data are available.
3. March 31 of each year any revisions to the
percentages reported pursuant to paragraph 2, subdivisions (a) and (b) of this subsection.
D. For the purposes of
this section, "total personal income" means the dollar amount that
will be reported as total income received by persons in the state of Arizona by the United States department of commerce or its successor agency."
Amend title to conform
