Part III, General Provisions, contains statewide fiscal policies and provisions in such areas as budget administration, interim budget revision authority and procedures, resolving statutory conflicts, ratification of budget reduction orders, budget reserve trust funding, and similar fiscal matters germane to state government finance. Part IV deals with state salary, compensation and employment policies applicable during the fiscal biennium. Part V enumerates transfers of restricted and special funds to augment the General Fund, when such resources are included in the budget plan. Other major parts contain the General Fund and Road Fund Budget Reduction and Surplus Expenditures Plans, which are authorized in KRS Chapter 48. Part IX , Special Provisions, the most recent addition to the budget bills, details legislative directions and fiscal policies which affect spending by an individual department or budget unit.
Committees formally commence.
Budget bills are introduced simultaneously and hearings are conducted concurrently over a six-week period. Branch officers, cabinet heads and agency heads testify and supply additional information about agency budget requests, branch budget recommendations and other fiscal matters, in response to members' interests. Public testimony is considered at the discretion of the Chairs. The LRC Budget Review Office produces legislative information documents for each agency budget hearing which compare Branch Recommendations for a budget unit with the Agency Request for the Operating Budget. A brief narrative section identifies key fiscal policies and highlights budget recommendations.