2006 Kentucky Revised Statutes - .020   Continuous financial planning.

48.020 Continuous financial planning. Each branch of government shall have in continuous process of preparation and revision, in the light of its direct studies of the operations, plans and needs of its budget units and of the existing and prospective sources of income, a branch budget recommendation for the next two (2) fiscal years for which a budget recommendation is required to be prepared. Upon receipt of the estimates from its budget units, each branch of government shall check these estimates in the light of its own information, and shall make such further inquiries and investigations and revise its branch budget recommendation as it deems warranted. The branch budget recommendation when approved shall be certified together with the budget statements provided for in KRS 48.110 and submitted as provided for in KRS 48.100. Effective: July 1, 1983 History: Created 1982 Ky. Acts ch. 450, sec. 2, effective July 1, 1983. 2004-2006 Budget Reference. See Legislative Branch Budget, 2004 Ky. Acts ch. 82, pt. II, 3., at 295.