(1) An appropriation to which the allotment system is applicable does not become available to any state agency for expenditure during any allotment period until:
(a) The agency submits to the Oregon Department of Administrative Services an estimate, in such form as the department prescribes, for the allotment period, of the amount required for each activity to be carried on during that period; and
(b) The estimate is approved, increased or decreased by the department and funds allotted therefor.
(2) At the time a state agency submits an estimate to the department under subsection (1)(a) of this section, the agency shall submit a copy of the estimate to the Legislative Fiscal Office. The department may not allot funds under subsection (1)(b) of this section until the agency submits a copy of the estimate to the Legislative Fiscal Office.