| Legislative Budget Summary This section provides a summary of the overall state fiscal position and of legislative budget action in the 1999 session. It includes a summary of general fund and total find revenues and expenditures in the 1999 biennium, as well as the anticipated state general fund balance at the end of both the 1999 and 2001 biennia. It also serves as a summary of major fiscal policy issues and budget actions that are discussed in more detail in subsequent sections. The section includes comparisons of the budgets established for the 2001 biennium to both the 1999 biennium and the published Executive Budget. This section also summarizes, by function of state government, major policy decisions of the legislature in functional areas, such as human services and education. Its purpose is to provide the reader with a quick reference on major actions by the legislature and on any resulting changes in overall state government scope and/or emphasis. Each function, by individual agency, is discussed in greater detail in the "Appropriations by Agency and Program" narrative. Other Budget Highlights This section provides a brief discussion of each of several other budget issues addressed by the legislature that either have a statewide or multi-agency impact. 2003 Biennium Outlook The sufficiency of ongoing revenue to fund ongoing expenditures of the general fund and other selected funds is discussed in this section. General Reference This section provides an overview of budget basics, including budget terms and concepts. It is designed to provide the reader with a basic grounding with which to read and understand the budget terms and concepts used or referred to in this report. This section also provides a comparison of agency budgets by fund type. Revenue Estimates The "Revenue Estimates" section provides a summary and overview of major general fund revenue sources to the state, as established by the legislature in House Joint Resolution 2. It also includes an overview of trust funds. HJR 2 For reference, a copy of HJR 2 is provided. This resolution, approved by both houses, provides an official estimate of the state's anticipated revenue for each year of the 2001 biennium. Tax Policy and Initiatives This section provides a summarization and review of the major tax policy and revenue initiatives approved by the legislature. Appropriations by Agency and Program Within this narrative, section A through E include detailed discussions of the appropriations established by the legislature for each agency and program in state government that receives an appropriation in House Bill 2. each section contains a number of agencies organized by functional grouping. Also includes, for each agency, is a brief discussion of other bills having a fiscal impact on the agency. A more detailed explanation of the organization and content of this narrative is included in the introduction to the agency budgets on page 95 in Volume 1. This narrative also includes, in section F, a discussion of all budgets initiatives in the Long=Range Building Program. Sections A and B are in Volume 1, and sections C through F are in Volume 2. House Bill 2 For reference, Volume 1 includes a copy of House Bill 2 (the general appropriations act). |