Bill Text: HI SR68 | 2015 | Regular Session | Introduced

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Bill Title: Six-Year Program; State Budget; Financial Plan; Variance Report

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2015-03-23 - Referred to WAM. [SR68 Detail]

Download: Hawaii-2015-SR68-Introduced.html

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THE SENATE	S.R. NO.	68
TWENTY-EIGHTH LEGISLATURE, 2015
STATE OF HAWAII

SENATE RESOLUTION

 

 

REQUESTING THE GOVERNOR and the DEPARTMENT OF BUDGET AND FINANCE TO INCLUDE ADDITIONAL INFORMATION IN THE SIX-YEAR PROGRAM AND FINANCIAL PLAN AND variance reporT.

 

 

 

     WHEREAS, pursuant to section 37-67, Hawaii Revised Statutes, the Department of Budget and Finance assists the Governor in the preparation, explanation, and administration of the proposed six-year program and financial plan, variance plan, and state budget; and

 

     WHEREAS, the Legislature believes the reporting of additional information in the six-year program and financial plan, variance report, and state budget promotes more responsible and sound budgeting practices; and

 

     WHEREAS, the inclusion of more information in budget documents improves the Legislature's decision-making capabilities; and

 

     WHEREAS, increased accessibility to additional information would allow the State to act in a more fiscally prudent manner and assist in determining realistic expectations for service levels; now, therefore,

 

     BE IT RESOLVED by the Senate of the Twenty-eighth Legislature of the State of Hawaii, Regular Session of 2015, that the Governor and the Department of Budget and Finance are requested to include the following information in the six-year program and financial plan submitted to the Legislature prior to the Regular Session of 2017:

 

(1)  Efficiency measures;

 

(2)  Projected annual debt service for bonds used or planned to be used to finance capital improvement projects;

 

(3)  Estimated operating costs of proposed capital improvements;

 

(4)  Deferred maintenance costs of state-owned buildings, facilities, and other improvements;

 

(5)  Tax expenditures;

 

(6)  Pension liability; and

 

(7)  Other post-employment benefits liability; and

 

     BE IT FURTHER RESOLVED that the Governor and the Department of Budget and Finance are requested to include the following in the variance report required under section 37-75, Hawaii Revised Statutes, and submitted to the Legislature prior to the Regular Session of 2017:

 

(1)  A comparison of budgeted expenditures and program measures for the last completed fiscal year with actual expenditures and program measures for the last completed fiscal year; and

 

(2)  A comparison of budgeted and actual expenditures and program measures for the last completed fiscal year with the corresponding information for the immediately preceding fiscal year; and

 

     BE IT FURTHER RESOLVED that certified copies of this Resolution be transmitted to the Governor and the Director of Finance.

 

 

 

	OFFERED BY:	_____________________________

Report Title:

Six-Year Program; State Budget; Financial Plan; Variance Report