Inside the budget it’ll show you the period of coverage for those. There’s been some different theories on this, but the budgets themselves say that the period of coverage spans from January through December. If that is indeed their budget period that’s critical to the timing of a rate change. Here’s why. Budgets are calculated off the currency value. The budget is also a law…The ’26 budget…has not been approved. That’s because all aspects of that law have to exist such as the currency value that it’s calculated off of. They also have not approved the ’25 amended budget either because the ’25 amendment budget was calculated off the new currency value, as is the new ’26 budget. That’s the reason they cannot approve those laws until the correct currency value exists that the budget was calculated off of. Very simple. :Jeff
