Fiscal Note - State of Utah - 2013 General Session

SB0240 - Billboard Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may result in estimated costs between $500,000 and $2 million for the Utah Department of Transportation (UDOT) for each billboard that UDOT must purchase. The cost of a billboard at midpoint cost level, annual costs may be approximately $1.25 million. Actual costs will vary based on the number of billboards required to be purchased and the locations of the billboards.

State Budget Detail TableFY 2013FY 2014FY 2015
Revenue$0$0$0
    
Expenditure:   
Transportation Fund$0$1,250,000$1,250,000
   Total Expenditure$0$1,250,000$1,250,000
    
Net Impact, All Funds (Rev.-Exp.)$0($1,250,000)($1,250,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0$0$0

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.

Performance Note Required? (Joint Rule 4-2-404): No

3/4/2013, 11:06:44 AM, Lead Analyst: Oh, A./Attny: SCHOffice of the Legislative Fiscal Analyst