the Congress of the United States. The
High Commissioner adopts such
recommendations of the Congress as
he may deem appropriate, but he also
must transmit to the Secretary of the
Interior all recommendations he does
not adopt.
The Administering Authority con-
trols and administers financial operations and construction as funded by
the U.S. Congress. The Secretary of
the Interior’s Advisory Committee
exercises review of Trust Territory
proposed programs. Bureau of the
Budget hearings are held and the
budget for Trust Territory operations
and capital improvement projects is
included in the President’s Budget
submitted to the U.S. Congress each
year.
Budgeting, funding, and expenditure take place at all three levels of
government—territorial, district, and
municipal. The legal authorization for
local government financial operations
is contained in the Trust Territory
Code, Sections 46 to 48 and Chapter
18, Finance; Taxation.
District governments control and
administer financial operations at the
district level, with types of income and
responsibility for operations defined
separately
from Trust Territory
Government and municipal level
income and_ responsibilities. Each
district administrator is required by
law to present annually to the district
legislature a proposed budget based on
revenues anticipated as a result of
district and territorial tax laws. After
considering the district administrator’s
proposals as well as proposals ofindividual members, the district legislature
enacts a budget for the district in the
form of one or more appropriations
bills. Appropriations acts are submitted to the district administrator for
38
action. Upon approval, the approp
tions acts become law, and expe
itures are made in accordance \
their provisions.
The district treasurer is responsi
for receiving, maintaining, and dish
ing district government funds
distinguished from Trust Territ.
Government funds. He is appointed
the district legislature and serves un;
the direction and supervision of |
district administrator. The dist:
treasurer is required by law to sub:
an annual report of all funds
receives and disburses during ez
fiscal year.
Control of fiscal operations at|
municipal level rests with the mun
pal administration, the district adm
istrator having certain powers
supervision and approval. Lo
officials prepare the annual munici
budget and refer it to the municiy
council for approval before it is tra
mitted to the district administrator {
ratification. Officials of the distr
administration assist and advise in t:
original preparation of the budg
where such assistance is required
requested. The approved
budg
determines the extent of expenditur
which may be made locally during t'
fiscal year from municipal revenu
Tax and license fee schedules whi:
provide tax income for the muni
pality are similarly prepared ar
approved. The treasurer, or in son
instances the magistrate, is authorize
to collect taxes and license fees an
expend them according to approve
schedules and budgets.
Revenues
and
expenditures
¢
municipalities and district gover:
ments which prepared budgets fi
fiscal year 1967 appear in tables i
Appendix IV. A comparative stat
ment of revenues and expenditure
also is given in Appendix IV.
Part VI—Economic Advancemet!.
“~
It}