Section 24.20.231. Duties.

The legislative finance division shall
        (1) analyze the budget and appropriation requests of each department, institution, bureau, board, commission, or other agency of state government;
        (2) analyze the revenue requirements of the state;
        (3) provide the finance committees of the legislature with comprehensive budget review and fiscal analysis services;
        (4) cooperate with the office of management and budget in establishing a comprehensive system for state budgeting and financial management as set out in AS 37.07 (Executive Budget Act);
        (5) complete studies and prepare reports, memoranda, or other materials as directed by the Legislative Budget and Audit Committee;
        (6) with the governor's permission, designate the legislative fiscal analyst to serve ex officio on the governor's budget review committee;
        (7) identify the actual reduction in state expenditures in the first fiscal year following a review under AS 44.66.040 resulting from that review and inform the Legislative Budget and Audit Committee of the amount of the reduction; and
        (8) not later than the first legislative day of each first regular session of each legislature, conduct a review in accordance with AS 24.20.235 of the report provided to the division under AS 43.05.095.

Authorities

24.20.291;44.66.040

Notes

References

AS 24.20.291 Conflict of interest.
AS 44.66.040 Duties of the review team.

History

(Sec. 2 ch 95 SLA 1971; am Sec. 7 ch 2 SLA 1982; am Sec. 2 ch 63 SLA 1983; am Sec. 1 ch 19 SLA 2013; am Sec. 3 ch 61 SLA 2014)