LD 1780
pg. 2
Page 1 of 2 An Act To Promote Transparency in Budgeting LD 1780 Title Page
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LR 2346
Item 1

 
3.__Penalty for noncompliance.__A municipality that fails to
submit its annual budget to the State Planning Office in
accordance with subsection 1 is not eligible to receive funds
through state-municipal revenue sharing under section 5681.

 
SUMMARY

 
This bill requires municipalities to submit copies of their
annual budgets to the State Planning Office, which will compile
the information and make it available on a publicly accessible
site on the Internet. A municipality that fails to submit a
copy of its budget as required is ineligible to receive funds
under state-municipal revenue sharing.


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