(a) Each state agency other than the elected constitutional officers, the legislative branch and its staff offices, the judicial branch and its staff offices, the Arkansas Department of Transportation, the Office of the Arkansas Lottery, the state-supported institutions of higher education, and the Arkansas State Game and Fish Commission shall prepare an annual operations plan for the operation of each of its assigned programs for submission to the Chief Fiscal Officer of the State.
(b) The annual operations plan shall be prepared in the form and content determined by the Chief Fiscal Officer of the State and shall be transmitted to the Department of Finance and Administration on the date prescribed by the Chief Fiscal Officer of the State.
(c) In years when the General Assembly meets in regular session, the annual operations plan shall be prepared after adjournment of the regular session and shall take fully into consideration all applicable laws, including appropriations, and shall be submitted to the Department of Finance and Administration on a date set by the Chief Fiscal Officer of the State but prior to July 1 of that year.
(d) The Chief Fiscal Officer of the State shall:
(1) Review each annual operations plan to determine that:
(A) It is consistent with the policy decisions of the General Assembly and the Governor;
(B) Appropriations and funding have been provided by the General Assembly;
(C) It reflects proper planning and efficient management methods; and
(D) Appropriations and funding have been made for the planned purpose and will not be exhausted before the end of the fiscal year; and
(2)
(A)
(i) Approve the annual operations plan if he or she is satisfied that it meets all requirements.
(ii) Otherwise, he or she shall require necessary revisions of the plan in whole or in part.
(B) However, nothing in this section shall be construed to allow the Chief Fiscal Officer of the State to substitute his or her individual judgment as to the operation or necessity of any program of any state agency for the judgment of the executive head or board or commission charged with the responsibility for the operation and control of that agency.
(e) Each annual operations plan shall indicate:
(1) The appropriation and funding provided by the General Assembly;
(2) A detailed budget by quarters; and
(3) Any other supporting or related information required by the Chief Fiscal Officer of the State or requested by a legislative interim committee, including the Legislative Council.