CHAPTER 683

An Act to amend and reenact §§ 2.1-54, 2.1-55, 2.1-56, 2.1-58, 2.1-59, and
2.1-60 of the Code of Virginia, relating to estimates of amounts
needed by State agencies and of the General Assembly and judiciary.
financial statements by Comptroller; hearings on estimates and survey
by State agencies and submission of budget to General Assembly.

[H 743]
Approved April 5, 1968

Be it enacted by the General Assembly of Virginia:

1. That §§ 2.1-54, 2.1-55, 2.1-56, 2.1-58, 2.1-59, and 2.1-60 of the Code
of Virginia be amended and reenacted as follows:

§ 2.1-54. Estimates by State agencies of amounts needed.—* On
or before the first day of * September biennially in the odd-numbered
years each of the several State departments, bureaus, divisions, officers,
commissions, institutions, and other agencies and undertakings receiving
or asking financial aid from the State shall report to the Governor, on
official estimate blanks furnished for such purpose, an estimate in itemized
form showing the amount needed for each year of the ensuing biennial
period beginning with the first day of July thereafter. The official estimate
blanks which must be used in making these reports shall be furnished by
the Governor, shall be uniform and shall clearly designate the kind of
information to be given thereon.

§ 2.1-55. Estimates of financial needs of General Assembly and
judiciary. On or before the first day of * September biennially in the
odd-numbered years the Comptroller shall furnish the Governor an esti-
mate of the financial needs of the General Assembly, itemized in strict
accordance with the budget classifications adopted by the Governor, and
certified and approved by the presiding officer of each house, for each year
of the ensuing biennial period beginning with the first day of July there-
after; and the Supreme Court of Appeals of Virginia shall furnish to the
Governor an estimate of the financial needs of the judiciary, as provided
by law, itemized in strict accordance with the budget classifications adopted
by the Governor, for each year of the ensuing biennial period beginning
with the first day of July thereafter. The Comptroller and the Supreme
Court of Appeals shall transmit to the Governor with these estimates full
and detailed explanations of all increases or decreases.

2.1-56. Financial statements by Comptroller—QOn or before the
first day of * August biennially in the odd-numbered years the Comptroller
shall furnish to the Governor the following statements, classified and
itemized in strict accordance with the budget classifications adopted by
the Governor:

(1) A statement showing the balance standing to the credit of the
several appropriations for each department, bureau, division, officer, board,
commission, institution, or other agency or undertaking of the State at
the end of the last preceding appropriation year.

(Z) A statement showing the monthly expenditures and revenues
from each appropriation account, and the total monthly expenditures and
revenues from all the appropriation accounts, including special and all
other appropriations, in the twelve months of the last preceding appropria-

on year.

(8) A statement showing the annual expenditures in each appropria-
tion account, and the revenues from all sources, including expenditures
and revenues from special and all other appropriations, for each year of
the last two appropriation years, with a separate column showing the
increase or decrease for each item.

(4) An itemized and complete financial balance sheet for the State
at the close of the last preceding fiscal year ending * June thirtieth.

(5) Such other statements as the Governor shall request.

§ 2.1-58. Hearings on estimates——-The Governor shall provide for
public hearings on any and all estimates to be included in the budget,
which shall be held * prior to completion of his plan of expenditures for
the ensuing biennial period biennially in the odd-numbered years. The
Governor * may require the attendance at these hearings of the heads or
responsible representatives of all State departments, bureaus, divisions,
officers, boards, commissions, institutions, or other agencies or undertak-
Ings recelving or asking financial aid from the State.

§ 2.1-59. Survey of State agencies.—On or before the first day of *
January biennially in the * even-numbered years the Governor and his
assistants must have completed a careful survey of all the departments,
bureaus, divisions, officers, boards, commissions, institutions, and other
agencies and undertakings of the State through which he shall be in pos-
session of the working knowledge upon which to base his recommendations
to the General Assembly.

§ 2.1-60. Submission of budget to General Assembly.—Within five
days after the beginning of each regular session of the General Assembly,
the Governor shall submit to the presiding officer of each house printed
copies of a budget, based on his own conclusions and judgment, containing
a complete and itemized plan of all proposed expenditures for each State
department, bureau, division, officer, board, commission, institution, or
other agency or undertaking, classified by function character and object,
and of estimated revenues and borrowings, for each year in the ensuing
biennial period beginning with the first day of July thereafter. Opposite
each item of the proposed expenditures the budget shall show in separate
parallel columns the amount appropriated for the last preceding appro-
priation year, and for the current appropriation year, * and may show
such other data which the Governor deems of assistance in analyzing the
current appropriations and proposed expenditures.
The Governor shall accompany the budget with:

(1) A statement of the revenues and expenditures for each of the two
appropriation years next preceding, classified and itemized in accordance
with the official budget classifications adopted by the Governor.

(2) A statement of the current assets, liabilities, reserves and surplus
or deficit of the State.

(3) A statement of the debts and funds of the State.

(4) A statement showing the Governor’s itemized estimates of the
condition of the State treasury as of the beginning and end of each of the
next two appropriation years.

(5) An itemized and complete financial balance sheet for the State
at the close of the last preceding fiscal year ending June thirtieth.

(6) A general survey of the State’s financial and natural resources,
with a review of the general economic, industrial and commercial condition
of the Commonwealth.

(7) Statements showing the estimated additional annual costs of the
maintenance and the use of each item of capital outlay and the estimated
additional annual costs of each new service recommended in the plan of
proposed expenditures. The statements shall set forth separately estimates
te the number of additional personnel and their salaries, and estimates of
other costs.