About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

1997 Hawaii Attorney General Reports and Opinions 1 (1997)

handle is hein.sag/saghi0040 and id is 1 raw text is: BENJAMIN J. CAYETANO MARGERY S. BRONSTER GOVERNOR ATTORNEY GENERAL STATE OF HAWAII JOHN W. ANDERSON FIRST DEPUTY ATTORNEY GENERAL DEPARTMENT OF THE ATTORNEY GENERAL 425 QUEEN STREET HONOLULU, HAWAII 96813 (808) 586-1500 January 13, 1997 The Honorable Earl I. Anzai Director of Finance Department of Budget and Finance State of Hawaii 250 S. Hotel Street Honolulu, Hawaii 96813 Dear Mr. Anzai: Re: Requirement for Balanced Budget This is in response to your oral request for our advice whether the proposed executive branch budget that is submitted to the Legislature at the beginning of a legislative session must be balanced, i.e., that the dollar amount of proposed expenditures must be equal to or less than the dollar amount of anticipated revenues.' We understand that it has been suggested that the budget could be submitted in an unbalanced condition, with the understanding that spending restrictions would be imposed after enactment so that actual expenditures would not exceed revenues and a balanced budget would result. 'Black's Law Dictionary (6th ed. 1990) contains the following definition of budget: A statement of estimated revenues and expenses for a specified period of time, generally a year. A balanced budget is one in which revenues equals or exceeds expenditures. . . . Op. No. 97-1

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most