8.53 GAAP DEFICIT -- GAAP IMPLEMENTATION.
For the fiscal year beginning July 1, 1996, and each succeeding
fiscal year, the governor shall recommend in the governor's budget
and the general assembly shall provide funds to eliminate the GAAP
deficit of the general fund of the state, as reported in the state's
comprehensive annual financial report issued during the prior fiscal
year, either through the appropriation of specific funds to correct a
GAAP adjustment or by setting funds aside in a special account in an
amount equal to the GAAP deficit.
8.53 GAAP DEFICIT -- GAAP IMPLEMENTATION.
For the fiscal year beginning July 1, 1996, and each succeeding
fiscal year, the governor shall recommend in the governor's budget
and the general assembly shall provide funds to eliminate the GAAP
deficit of the general fund of the state, as reported in the state's
comprehensive annual financial report issued during the prior fiscal
year, either through the appropriation of specific funds to correct a
GAAP adjustment or by setting funds aside in a special account in an
amount equal to the GAAP deficit.
8.53 GAAP DEFICIT -- GAAP IMPLEMENTATION.
For the fiscal year beginning July 1, 1996, and each succeeding
fiscal year, the governor shall recommend in the governor's budget
and the general assembly shall provide funds to eliminate the GAAP
deficit of the general fund of the state, as reported in the state's
comprehensive annual financial report issued during the prior fiscal
year, either through the appropriation of specific funds to correct a
GAAP adjustment or by setting funds aside in a special account in an
amount equal to the GAAP deficit.
