Arizona Revised Statutes (Last Updated: March 31, 2016) |
Title 35. Public Finances |
Chapter 1. BUDGETARY AND FISCAL PROVISIONS FOR STATE AGENCIES |
Article 2. Budget Preparation |
Sec 35-125. Revenue and expenditure estimates; three-year plan; public hearing
Latest version.
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The general appropriation act shall include a provision that delineates the revenue and expenditure estimates for the following three years. The expenditure estimates shall be based on existing statutory funding requirements. Before the adoption of the general appropriation act, the legislature shall discuss the estimates in a public hearing.