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I. Formulation of the Biennial Budget Request
A. Restrictions and Constraints The Budget Must Be Balanced Some Items Must Be Funded There Is A Cap On State Spending There Are Restrictions On Expenditures Within Certain Revenue Sources
B. Revenue Forecasting
C. Budget Layout
II. Legislative Consideration
III. Budget Monitoring And Adjustments
A. Other Spending Bills
B. Revenue Shortfalls
C. Oversight Of Expenditures
Appendix I - Debt General Obligation Bonds Temporary State Loans Maine Governmental Facilities Authority
Appendix II - How Positions Are Created, Budgeted And Managed Headcount Personal Services Expenditures Position Classifications Reclassifications Reorganizations
Appendix III - Financial Order Transactions
Appendix IV - Sample Budget Proposal
Appendix V - Selected Budget Terms And Definitions
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