Fiscal Note - State of Utah - 2013 General Session
HB0173 - Necessarily Existent Small Schools Funding Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill increases spending in the Necessarily Existent Small Schools (NESS) program in the year following a year where nonlapsing balances were carried forward. The amount of increased spending for FY�2014 and FY�2015 amounts to $989,200 from the NESS Nonlapsing Balance.
State Budget Detail Table | FY 2013 | FY 2014 | FY 2015 |
Revenue | $0 | $0 | $0 |
Expenditure: | |||
Nonlapsing Funds | $0 | $989,200 | $989,200 |
Total Expenditure | $0 | $989,200 | $989,200 |
Net Impact, All Funds (Rev.-Exp.) | $0 | ($989,200) | ($989,200) |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill increases NESS funding allocated to school districts by around $989,200 in FY�2014 and FY�2015. A total of 25 districts would have additional revenue allocated to them, with the top receiving district seeing additional revenue of $131,300 and the lowest receiving district seeing additional revenue of $1,800.
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
2/28/2013, 12:20:53 PM, Lead Analyst: Young, T./Attny: AOS | Office of the Legislative Fiscal Analyst |