Fiscal Note - State of Utah - 2012 General Session

HB0004 - Higher Education Base Budget

State Government (UCA 36-12-13(2)(b)):
This bill appropriates $1,360,592,600 ($726,783,100 from the General/Education Funds) for the support and operation of higher education for fiscal year 2013.

State Budget Detail TableFY 2012FY 2013FY 2014
Revenue$0$0$0
    
Expenditure:   
General Fund$0$474,615,600$474,615,600
Education Fund$0$252,167,500$252,167,500
Federal Funds$0$12,005,400$12,005,400
Dedicated Credits$0$600,883,200$600,883,200
Restricted Funds$0$8,733,300$8,733,300
Transfers$0$34,500$34,500
Nonlapsing Funds$0$922,400$922,400
Other$0$11,230,700$11,230,700
   Total Expenditure$0$1,360,592,600$1,360,592,600
    
Net Impact, All Funds (Rev.-Exp.)$0($1,360,592,600)($1,360,592,600)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($726,783,100)($726,783,100)

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs 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.

1/23/2012, 8:59:31 AM, Lead Analyst: Pratt, S./Attny: AOSOffice of the Legislative Fiscal Analyst