1997 Alaska Statutes
Title 37 PUBLIC FINANCE
Chapter 37.07. EXECUTIVE BUDGET ACT
Sec. 37.07.030. Responsibilities of the legislature.
The legislature shall
(1) provide for a budget review function;
(2) analyze the comprehensive operating and capital improvements programs and financial plans recommended by the governor;
(3) adopt legislation to authorize implementation of the governor's comprehensive operating and capital improvements programs and financial plans or appropriate alternatives to those plans;
(4) provide for a post-audit function to cover financial transactions, program accomplishment, and compliance with legislative intent;
(5) adopt or revise the estimate of receipts required to balance the succeeding fiscal year's budget in order that proposed expenditures do not exceed estimated receipts for that fiscal year;
(6) adopt, revise, or initiate revenue measures in order to balance the succeeding fiscal year's budget and the capital improvements section of the budget for the succeeding six years.
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