1. As used in this section, “planning period” means a period comprised of five consecutive fiscalyears each beginning July 1 and ending June 30. 2. Not later than January 10, 2022, and not later than January 10 of each subsequent five-year period, the state geologist shall publish a new long-range budget plan for the next planning period. The long-range budget plan shall describe how moneys appropriated, expected to be appropriated, or otherwise available or expected to be available to the Iowa geological survey for each fiscalyear of that planning period are to be expended in a manner that best allows the Iowa geological survey to exercise its powers and carry out itsduties or functions. The long-range budget plan shall include any performance goals and measures required by law or established by the state geologist. The state geologist shall annually evaluate the Iowa geological survey’s progress in attaining those performance goals and shall revise the long-term budget plan as the state geologist determines necessary or desirable.
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