Section 507 – Total of revenues to equal expenditures.

• (1) The budget under Section 11-13-506 shall provide a financial plan for the budget year.

• (2) Each budget shall specify in tabular form:
  • (a) estimates of all anticipated revenues; and
  • (b) all appropriations for expenditures.

• (3) The total of the anticipated revenues shall equal the total of appropriated expenditures.

Enacted by Chapter 265, 2015 General Session