Author Question: Suppose that the National Park Foundation, a Texas state agency, is in need of financial advice. It ... (Read 121 times)

clmills979 · **on:** Jul 8, 2018

Suppose that the National Park Foundation, a Texas state agency, is in need of financial advice. It must allot a budget for park landscaping, animal maintenance, and water conservation in 34 state parks. It is short of 15 million.

Which of the following steps should the agency take to clarify its budgetary needs?
a. It should submit a Legislative Appropriation Request to the Legislative Budget Board.
b. It should leave the budgetary decisions to the House Committee on Ways and Means.
c. It should request that governor transfer funds to it from the Permanent School Fund.
d. It should submit its Biennial Revenue Estimate to the legislature.

Question 2

Which of the following statements is true of the Legislative Budget Board (LBB)?

a. The LBB begins to construct the budget using the Biennial Revenue Estimate from state agencies.
b. The LBB is chaired by an elected member of the Senate Committee on State Affairs.
c. The LBB's plan is introduced only in the Senate and not in the House.
d. The LBB and the governor have the power to impound funds without having to call a special session.