State Budget Act

The State Budget Act is a legislative framework that outlines how a state plans to allocate its financial resources for a specific period, typically a year. It details anticipated revenue from taxes and other sources, and specifies funding for public services like education, healthcare, infrastructure, and public safety. The Act ensures responsible financial planning, sets spending priorities, and establishes financial accountability. Essentially, it's the official plan that guides how the state manages its money to meet the needs of its residents while maintaining fiscal stability.