Larry Martinez looks into the intricacies of the state budget process. We break down the steps involved, from initial budget requests by state government agencies to the involvement of the Department of Finance and Administration (DFA) and Legislative Finance Committee (LFC). Our discussion sheds light on how financial recommendations are made, negotiated, and eventually lead to the creation of House Bill 2, a key piece of legislation in every legislative session. Stay tuned to understand the roles various committees play and how the governor influences this crucial financial policy.
