|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 216 2006 LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
whether opportunities exist to use these federal revenues to support
existing operations rather than to expand programs or establish new
ones: and
(c) the Department of Budget and Management shall take appropriate
actions to effectively establish these as policies of the State with
respect to administration of federal funds by executive agencies.
SECTION 25. AND BE IT FURTHER ENACTED. That the Department of
Budget and Management shall provide an annual report on indirect costs to the
General Assembly in January 2007 as an appendix in the Governor's fiscal 2008
budget books. The report shall detail by agency for the actual fiscal 2006 budget the
amount of statewide indirect cost recovery received, the amount of statewide indirect
cost recovery transferred to the general fund, and the amount of indirect cost recovery
retained for use by each agency. In addition, it shall list the most recently available
federally approved statewide and internal agency cost recovery rates. As part of the
normal fiscal/compliance audit performed for each agency once every three years, the
Office of Legislative Audits shall assess available information on the timeliness-
completeness. and deposit history of indirect cost recoveries by State agencies.
Further provided that for fiscal 2007. excluding the Maryland Department of
Transportation, the amount of revenue received by each agency from any federal
source for statewide cost recovery may only be transferred to the general fund and
may not be retained in any clearing account or by any other means, nor may the
Department of Budget and Management or any other agency or entity approve
exemptions to permit any agency to retain any portion of federal statewide cost
recoveries.
SECTION 26. AND BE IT FURTHER ENACTED, That the executive budget
books shall include a forecast of the impact of the executive budget proposal on the
long-term fiscal condition of General Fund. Transportation Trust Fund, and higher
education current unrestricted fund accounts. This forecast shall estimate aggregate
revenues, expenditures, and fund balances in each account for the fiscal year last
completed, the current year, the budget year, and four years thereafter. Expenditures
shall be reported at such agency, program, or unit levels or categories as may be
determined appropriate after consultation with the Department of Legislative
Services. A statement of major assumptions underlying the forecast shall also be
provided, including but not limited to general salary increases, inflation, and growth
of caseloads in significant program areas.
SECTION 27. AND BE IT FURTHER ENACTED. That it is the intent of the
General Assembly that all State departments, agencies, bureaus, commissions-
boards. and other organizational units included in the State budget, including the
Judiciary, shall prepare and submit items for the fiscal 2008 budget detailed by
"Statewide Subobject" classification in accordance with instructions promulgated by
the Comptroller of the Treasury. The presentation of budget data in the Governor's
budget book shall include object, fund, and personnel data in the manner provided for
fiscal 2007 except as indicated elsewhere in this Act; however, this shall not preclude
the placement of additional information into the budget book. For actual fiscal 2006
spending, the fiscal 2007 working appropriation, and the fiscal 2008 allowance, the
- 1208 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
