§ 13337.5. — 13337.5. (Added by Stats. 1983, 1st Ex. Sess., Ch. 10, Sec. 3.)

California § 13337.5.

• Jurisdiction: California
• Code GOV: Government Code - GOV
• Div.: 3.
• Title 2.: DIVISION 3. EXECUTIVE DEPARTMENT
• Part 3.: PART 3. DEPARTMENT OF FINANCE
• Ch. 3.: CHAPTER 3. Fiscal Affairs
• Art. 3.: ARTICLE 3. Revised Budgeting and Accounting System for Fiscal Affairs of State Government

Text

The annual Budget Act shall not provide for projected expenditures in excess of projected revenues. Further, it is the intention of the Legislature that in the event, after enactment of the Budget Act, revised estimates of expected revenues or expenditures, or both, show that expenditures will exceed estimated revenues, expenditures should be reduced or revenues increased, or both, to ensure that actual expenditures do not exceed actual revenues for that fiscal year.

Legislative History

Added by Stats. 1983, 1st Ex. Sess., Ch. 10, Sec. 3. Effective February 17, 1983. Operative July 1, 1983, by Sec. 64 of Ch. 10.