TITLE 2. GOVERNMENT OF THE STATE OF CALIFORNIA 8000-22980›DIVISION 3. EXECUTIVE DEPARTMENT 11000-15986›PART 3. DEPARTMENT OF FINANCE 13000-13881›CHAPTER 3. Fiscal Affairs 13290-13344›ARTICLE 3. Revised Budgeting and Accounting System for Fiscal Affairs of State Government 13335-13344
§ 13337.5
California Government Code · 2020-11 edition · updated 2026-10-04 · California
The annual Budget Act shall not provide for projected expenditures in excess of projected revenues. Further, it is the intention of the Legislature that in the event, after enactment of the Budget Act, revised estimates of expected revenues or expenditures, or both, show that expenditures will exceed estimated revenues, expenditures should be reduced or revenues increased, or both, to ensure that actual expenditures do not exceed actual revenues for that fiscal year.
(Added by Stats. 1983, 1st Ex. Sess., Ch. 10, Sec. 3. Effective February 17, 1983. Operative July 1, 1983, by Sec. 64 of Ch. 10.)
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