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This document provides a detailed comparison of the enacted operating budget for the fiscal year 2025 against the management plan from 2024. It includes adjustments for salary, health insurance, PERS rates, and various transfers and reorganizations within the Department of Labor and Workforce Development.
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The legislature - operating budget refers to the financial plan that outlines the expected revenues and expenditures for the legislative body during a specific fiscal year.
Typically, state legislatures and their respective offices are required to file the operating budget, including individual lawmakers or legislative committees responsible for managing funds.
To fill out the legislature - operating budget, individuals must collect relevant financial data, estimate revenues and expenditures, categorize the budget items accurately, and use the prescribed forms or templates provided by the legislative authority.
The purpose of the legislature - operating budget is to provide a structured plan for allocating resources, ensuring accountability for public funds, and guiding financial decisions within the legislative body.
The legislature - operating budget must report details such as total projected income, itemized spending categories, previous year's expenditure comparisons, and any proposed changes or initiatives for the upcoming year.
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