Section 37-35 - Estimated expenditures; approvalThe director of finance shall review all estimates submitted under section 37-34 and, having due regard for:
(1) The probable further needs of the department or establishment for the remainder of the term for which the appropriation was made;(2) The terms and purposes of the appropriation, the progress of collection of revenues, and condition of the treasury; and(3) The probable receipts and total cash requirements for the ensuing quarter, shall approve, increase, or reduce the amount of the estimate; provided that the director of finance shall approve the estimates submitted by the University of Hawaii when:
(1) The sum of the estimates for each funding source does not exceed the applicable allotment ceilings established by the governor under section 37-34;(2) The progress of collection of revenues, the condition of the treasury, and the probable receipts and total cash requirements for the ensuing quarter permit; and(3) All other legal requirements are satisfied.The director shall act promptly upon all estimates and notify each department or establishment of its allotment, and shall notify the comptroller.
L Sp 1959 1st, c 12, pt of §3; Supp, § 35-23; HRS § 37-35; gen ch 1985; am L 1986, c 320, §2; am L 1989, c 370, §2; am L 1994, c 281, §§4, 6; am L 1995, c 11, §21