Utah Code 4-2-106. Submission of department’s budget
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(1) The commissioner, upon request of the governor, shall submit an itemized budget for the department to the governor.
Terms Used In Utah Code 4-2-106
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Commissioner: means the commissioner of agriculture and food. See Utah Code 4-1-109
- Department: means the Department of Agriculture and Food created in Chapter 2, Administration. See Utah Code 4-1-109
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(2) The proposed budget described in Subsection (1) shall:
(2)(a) contain a complete plan of proposed expenditures and estimated revenues for the ensuing fiscal year; and
(2)(b) be accompanied by a statement setting forth the revenues and expenditures for the fiscal year next preceding and the current assets and liabilities of the department, including restricted revenue accounts and dedicated credits.