Senate Bill 555 mandates that starting with the 2027-29 fiscal biennium, the Department of Administration (DOA) will require 20 percent of executive branch agencies to prepare their biennial budget requests using zerobased budgeting principles. This process will continue in subsequent fiscal biennia, with a different 20 percent of agencies required to submit their budgets in this manner each time, ensuring that every agency participates at least once within any five consecutive fiscal biennia. The bill defines zerobased budgeting as a method where each budget component is justified based on cost, need, and its relation to the agency's statutory responsibilities.

Additionally, the bill amends existing statutes to enhance accountability in budget reporting. It requires agencies to include a statement identifying the intended goal of each appropriation and to analyze whether each appropriation fully met its intended goal, providing explanations for any shortfalls. The reports must be made available on the agencies' websites, and the DOA is tasked with posting these reports online as well. The bill also includes specific amendments to existing legal language to incorporate these new requirements and definitions.

Statutes affected:
Bill Text: 16.42(1)(intro.), 16.42, 16.423(3)(a), 16.423, 16.423(3m), 16.46(5g), 16.46