Managing the Budget  in Good Times and Bad NCSL Spring Forum April 24, 2009 Speaker Robbie Wills Arkansas House of Represe...
THE ARKANSAS  BUDGET PROCESS Authorization
AN APPROPRIATION GIVES THE AGENCY THE AUTHORITY TO SPEND MONEY IF AND WHEN IT BECOMES AVAILABLE.
Appropriation is not Money =
The Arkansas Budget Process Funding
TOTAL STATE REVENUE FY 08 General Revenue $ 5,618,456,330 Special Revenue   1,691,902,903 Cash Funds   3,748,891,979 Feder...
GENERAL REVENUE - 2008 $5.6 Billion
SPECIAL REVENUE - 2008 $1.7 Billion
SPENDING IS LIMITED BY THE AVAILABLE APPROPRIATION OR THE AVAILABLE MONEY - WHICHEVER IS LESS!
A Program must have  both an appropriation  and a means of getting money to it.  If one or the other is  missing, the prog...
ACT 311 of 1945 The Revenue Stabilization Law
Revenue Stabilization Law Revenue Flow Pre-2001 A B C
Revenue Stabilization Law Revenue Flow FY 2002-03 A B
Revenue Stabilization Law Revenue Flow FY 2006-Present A B Surplus
Speaker Robbie Wills (501) 682-7771 [email_address] www.robbiewills.com
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Managing the Budget in Good Times and Bad

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Managing the Budget in Good Times and Bad

NCSL Spring Forum - April 24, 2009

Speaker Robbie Wills
Arkansas House of Representatives

Published in: News & Politics, Business
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  • IN ARKANSAS, AUTHORIZATION IS APPROPRIATION. AUTHORITY AND APPROPRIATION IS NOT MONEY.
  • Managing the Budget in Good Times and Bad

    1. 1. Managing the Budget in Good Times and Bad NCSL Spring Forum April 24, 2009 Speaker Robbie Wills Arkansas House of Representatives
    2. 2. THE ARKANSAS BUDGET PROCESS Authorization
    3. 3. AN APPROPRIATION GIVES THE AGENCY THE AUTHORITY TO SPEND MONEY IF AND WHEN IT BECOMES AVAILABLE.
    4. 4. Appropriation is not Money =
    5. 5. The Arkansas Budget Process Funding
    6. 6. TOTAL STATE REVENUE FY 08 General Revenue $ 5,618,456,330 Special Revenue 1,691,902,903 Cash Funds 3,748,891,979 Federal Funds 4,246,431,485 Trust & Other Non Revenue 2,732,221,175 TOTAL STATE REVENUE $18,037,903,873
    7. 7. GENERAL REVENUE - 2008 $5.6 Billion
    8. 8. SPECIAL REVENUE - 2008 $1.7 Billion
    9. 9. SPENDING IS LIMITED BY THE AVAILABLE APPROPRIATION OR THE AVAILABLE MONEY - WHICHEVER IS LESS!
    10. 10. A Program must have both an appropriation and a means of getting money to it. If one or the other is missing, the program cannot exist.
    11. 11. ACT 311 of 1945 The Revenue Stabilization Law
    12. 12. Revenue Stabilization Law Revenue Flow Pre-2001 A B C
    13. 13. Revenue Stabilization Law Revenue Flow FY 2002-03 A B
    14. 14. Revenue Stabilization Law Revenue Flow FY 2006-Present A B Surplus
    15. 15. Speaker Robbie Wills (501) 682-7771 [email_address] www.robbiewills.com

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