Sec. XX-1. Report and spending reductions. The deappropriations provided for in section 2 of this Part are effective on July 1, 2003 unless legislation is enacted to offset the amount in section 2 for fiscal years 2003-04 and 2004-05.
Sec. XX-2. Appropriations and allocations. The following appropriations and allocations are made.
Initiative: Deappropriates funds to align General Fund appropriations with available resources. On the effective date specified in section 1 of this Part, the State Budget Officer shall determine the amounts in this section that apply against each General Fund account and shall transfer those amounts by financial order upon the approval of the Governor. The transferred amounts are considered adjustments to appropriations in fiscal years 2003-04 and 2004-05.
Departments and Agencies
Statewide
General Fund 2003-04 2004-05
All Other ($24,330,049) ($23,933,097)
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