Fiscal Note - State of Utah - 2012 General Session

SB0095 - Use of Payment in Lieu of Taxes Funds

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

Local Governments (UCA 36-12-13(2)(c)):
Counties providing services to unicorporated areas within their boundaries may be required to shift payment in lieu of taxes funds away from their General Funds to a municipal services fund. Statewide payment in lieu of taxes total approximately $32 million. To the extent these funds are currently being used for general operations there is a potential for fee increases.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
To the extent that General Fund expenditures are reduced by the shift to a municipal services fund there will be potential fee increases assessed to individuals and businesses.