Fiscal Note - State of Utah - 2013 General Session
HB0049 - Voted and Board Levy Programs Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill accelerates public education spending in the Voted & Board Leeway programs by at least $8.5 million from the Education Fund. By shifting appropriations into earlier years, the bill forgoes the same amount of spending in later years.
| State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
| Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| Education Fund | $0 | $8,500,000 | $8,500,000 |
| Education Fund, One-Time | $8,500,000 | ($8,500,000) | ($8,500,000) |
| Total Expenditure | $8,500,000 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | ($8,500,000) | $0 | $0 |
| Net Impact, General/Education Funds (Rev.-Exp.) | ($8,500,000) | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Presuming a constant state cost of $94.6 million, enactment of this bill accelerates by one year state revenue allocated to school districts by at least $8.5 million. Of the increase in state funding, 64% would go to the top four receiving districts, with the remaining 37 other school districts either receiving no funding increase or some portion of the remaining 36%.
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.
Performance Note Required? (Joint Rule 4-2-404): No
| 1/17/2013, 2:09:10 PM, Lead Analyst: Young, T./Attny: AOS | Office of the Legislative Fiscal Analyst |