B. Budget sessions.

The FOIA does not exempt meetings at which budget matters are considered. See Ark. Op. Att’y Gen. No. 74-28 (state board cannot meet in closed session to decide which of several programs are to be funded). Because the act’s open meetings requirement applies only to governing bodies, a meeting of agency staff to review financial questions or prepare budget recommendations would not be open to the public. Other statutes touching on the issue seem to contemplate that budget sessions of governing bodies will be held in public. E.g., Ark. Code Ann. § § 14-47-123, 14-47-125 (city board of directors).