These two provisions, when read together, form the basis for the balanced annual budget requirement.
Council Tax is a tax set by local authorities to meet their budget requirement.
It has reduced its budget requirement by $17.8 million, the first reduction in 10 years.
In most cases, the manager talks with their administrative officers about budget requirements.
Forty-nine states have some form of a balanced budget requirement.
Vermont is the only state in the union not to have a balanced budget requirement.
And we did it all under a balanced budget requirement to our state's constitution.
Currently, 48 states have some form of a balanced budget requirement.
All but two states have balanced budget requirements, yet balance is not always sought or realized.
I believe that the budget requirements currently being submitted by these institutions are realistic.