19-4-1207. Duty to monitor finances.

Arkansas Code — all titles (historical 2020) · legal_authorities

19-4-1207. Duty to monitor finances.

19-4-1207. Duty to monitor finances. It shall be the duty and responsibility of the head of the agency for which appropriations are authorized and of the agency's disbursing officer to: (1) Be cognizant at all times of the resources available, including applicable fund balances, revenues, and other income, for financing the appropriations authorized by the General Assembly; (2) See that no obligations shall be incurred which cannot be lawfully discharged from funds appropriated or available from other sources when they become due and payable; and (3) Not operate the agency during any fiscal year from the then-current fiscal year's available resources at a level of operations that would require for the succeeding fiscal year funds in addition to those already authorized by the General Assembly.

Source: Arkansas Code — historical release 78 (November 6, 2020) · 19-4-1207

Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.