110 chapters · 1,213 sections in this title.
1 CMC § 7203 Budget Requirements
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Budget Requirements. (a) The Governor’s proposed annual budget for each fiscal year shall be a balanced budget. (b) The financial reporting and accounting system of the Commonwealth shall be in accordance with generally accepted accounting principles as set forth in the publicati…
1 CMC § 7204 Approval of Annual Budget
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Approval of Annual Budget. (a) The legislature shall act on the proposed annual budget, after establishing the limits of expenditure pursuant to 1 CMC § 7201(d) by enacting annual appropriation acts, which shall include, but not be limited to, all appropriations for operations of…
1 CMC § 7205 Budget Timetable; Penalties
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Budget Timetable; Penalties. (a) The following timetable shall be observed with respect to submission of the Governor’s proposed annual budget and consideration of the budget prior to the beginning of each fiscal year by the legislature: On or Before Action Required April 1 Gover…
1 CMC § 7206 Budget Preparation
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Budget Preparation. (a) Each government corporation as defined by 1 CMC § 7103(n), autonomous agency, and regulatory agency shall prepare annually a businesstype budget program which shall be submitted to the Governor or his designee under such rules and regulations as the office…