budget

October 18, 2022

Now That The Budget Is Over, Why Isn’t It Over?

Written By Curtis L. Coonrod [Revised October 14, 2022] Even though we adopted a budget, the State will change it, right? Probably. Most units are advised by their fiscal officers to advertise and adopt appropriations, rates, and levies that are too high for the State to approve. Consequently, the state will change them later. Why does our fiscal officer tell us to adopt a budget that is too high? Your fiscal officer does not necessarily know how much revenue your unit will have. Therefore, he does not necessarily know what appropriations you can afford. That will be determined later by State analysts. If the budget is adopted at a high level, the fiscal officer can negotiate the cuts with the […]