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This document provides a detailed comparison of the operating budget for the fiscal year 2010 as proposed by the Senate against the adjusted base budget. It summarizes differences in funding allocations, agency budgets, and adjustments across various departments including the Department of Commerce, Community and Economic Development.
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The legislature - operating budget refers to the financial plan that outlines the funding and expenditures required to operate the legislative branch of government for a specific fiscal period.
The legislative bodies, including state legislatures and other governing entities, are required to file the operating budget which details their expected revenues and expenditures.
To fill out the legislature - operating budget, individuals or agencies should use the appropriate budget forms, enter projected revenues and expenses, and ensure accuracy by cross-referencing with financial statements and approved budget items.
The purpose of the legislature - operating budget is to allocate financial resources for the functioning of the legislative body, ensuring that it can effectively perform its duties and responsibilities.
The information that must be reported includes projected revenues, planned expenditures, departmental budgets, funding sources, and any justifications for budget allocations.
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