Fiscal Note - State of Utah - 2011 General Session

SB0007S01 - Higher Education Base Budget

State Government (UCA 36-12-13(2)(b)):
This bill appropriates $1,229,472,500 ($688,489,800 from the General and Education Funds) for the support and operation of higher education for fiscal year 2012.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue$0$0$0
    
Expenditure:   
General Fund$0$450,953,800$450,953,800
Education Fund$0$237,536,000$237,536,000
Federal Funds$0$12,105,400$12,105,400
Dedicated Credits$0$516,052,400$516,052,400
Restricted Funds$0$8,733,300$8,733,300
Transfers$0$34,500$34,500
Nonlapsing Funds$0$367,500$0
Other$0$3,689,600$3,689,600
   Total Expenditure$0$1,229,472,500$1,229,105,000
    
Net Impact, All Funds (Rev.-Exp.)$0($1,229,472,500)($1,229,105,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($688,489,800)($688,489,800)

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.

2/1/2011, 10:28:55 AM, Lead Analyst: Pratt, S./Attny: AOSOffice of the Legislative Fiscal Analyst