SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

2012 SESSION

  • | print version

HB 112 Executive budget; submission of budget using zero-based budgeting principles.

Introduced by: Richard P. Bell | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Submission of executive budget; zero-based budgeting.  Requires, beginning in the 2014-2016 biennium, "The Executive Budget," and all "Executive Budgets" shall be prepared and formulated using zero-based budgeting principles. The bill provides that such zero-based budgets shall reflect the amount of funding deemed necessary to achieve the most cost-effective performance of each agency or department pursuant to an accompanying narrative delineating the tasks to be performed by each agency or department, together with the goals and objectives for each agency or department. Each such budget shall have a zero dollar amount as its initial basis and shall not reflect any prior appropriation amount, adjusted or otherwise.


FULL TEXT

HISTORY