§37-35  Estimated expenditures; approval. The director of finance shall review all estimates submitted under section37-34 and, having due regard for:

(1)  The probable further needs of the department orestablishment for the remainder of the term for which the appropriation wasmade;

(2)  The terms and purposes of the appropriation, theprogress of collection of revenues, and condition of the treasury; and

(3)  The probable receipts and total cash requirementsfor the ensuing quarter, shall approve, increase, or reduce the amount of theestimate;

provided that the director of finance shall approvethe estimates submitted by the University of Hawaii when:

(1)  The sum of the estimates for each funding sourcedoes not exceed the applicable allotment ceilings established by the governorunder section 37-34;

(2)  The progress of collection of revenues, thecondition of the treasury, and the probable receipts and total cashrequirements for the ensuing quarter permit; and

(3)  All other legal requirements are satisfied.

The director shall act promptly upon all estimatesand notify each department or establishment of its allotment, and shall notifythe comptroller. [L Sp 1959 1st, c 12, pt of §3; Supp, §35-23; HRS §37-35; gench 1985; am L 1986, c 320, §2; am L 1989, c 370, §2; am L 1994, c 281, §§4, 6;am L 1995, c 11, §21]