State Budget Actions And Bonding Of State Officials
The 1947 General Assembly delayed investment in bank deposits and limited us government obligations to balance cash. The Governor and Council of State must approve if funds remain after meeting General Fund needs. Officials involved include the Governor, State Treasurer, State Auditor, Secretary of State, Insurance Commissioner, Agriculture Commissioner, and State Superintendent of Public Instruction with the Attorney General as legal adviser. The Attorney General faces impeachment risk for excess authority and bonding concerns of 750,000. Accusations against State Treasurer Charlie Johnson target neglect during his tenure on the Council. Income taxes peak in March, with spring months yielding lower General Fund outlays. average monthly spend is about six and a half million dollars.