What is the significance of the statement showing the estimated amount of that expenditure or demand for such excess?
The statement showing the estimated amount of that expenditure or demand for such excess is significant because it informs the House or Houses of the Legislature of the State about any shortfall in funding for a particular service during the current financial year, the need for supplementary or additional expenditure on a new service not initially planned, or any overspending on an existing service. This information allows lawmakers to consider and possibly pass legislation granting supplementary, additional, or excess grants for these purposes, ensuring that the necessary funds are available for the State's financial requirements.