2014 Oklahoma Statutes
Title 62. Public Finance
§62-34.38. Form of budget - Budget message - Budget estimates.

The budget shall be submitted to the Legislature and shall be in two parts:

1. A budget message:

a.outlining the fiscal policy of the state for the fiscal year and describing the important features of the budget,

b.giving a summary of the budget setting forth aggregate figures of proposed revenues and expenditures and the balanced relations between the proposed revenues and expenditures and the total expected income and other means of financing the budget compared with the corresponding figures for the preceding fiscal year,

c.including explanatory schedules classifying proposed expenditures by organization units, objects and funds,

d.giving estimated statements of assets and liabilities as of the close of the preceding fiscal year and of the budget year, and

e.explaining any proposed major increases in revenue from any existing source or any new source of revenue proposed, and

f.giving any further information or making any suggestions; and

2. The detailed budget estimates of revenues and expenditures for each fund as provided for in the Oklahoma State Finance Act showing the recommendations of the Governor on each, compared with the figures for the preceding fiscal year and giving an explanation of each major change in the recommendations from the revenues and expenditures in the previous fiscal year.

Added by Laws 1947, p. 381, § 33, emerg. eff. Feb. 25, 1947. Amended by Laws 2008, c. 311, § 3, eff. Nov. 1, 2008; Laws 2009, c. 441, § 18, eff. July 1, 2009. Renumbered from § 41.33 of this title by Laws 2009, c. 441, § 64, eff. July 1, 2009.