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 TableFY 2013FY 2014FY 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: AOSOffice of the Legislative Fiscal Analyst