Fiscal Note - State of Utah - 2014 General Session
HB0002 - New Fiscal Year Supplemental Appropriations Act
State Government (UCA 36-12-13(2)(b)):
This bill appropriates $541,212,500, including $362,959,100 from the General/Education Funds for FY 2015. These appropriations support the operations and capital acquisitions of state government, including expendable funds and accounts. The bill deposits $27,047,200 in FY 2015 into the unrestricted General and Education funds. It transfers another $15,500,000 in FY 2015 from the General/Education funds into other funds and accounts.
State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
Revenue: | |||
General Fund | $0 | ($207,000) | ($207,000) |
General Fund, One-Time | $0 | $27,254,200 | $0 |
Restricted Funds | $0 | $15,500,000 | $0 |
Total Revenue | $0 | $42,547,200 | ($207,000) |
Expenditure: | |||
General Fund | $0 | $9,257,500 | $9,257,500 |
General Fund, One-Time | $0 | $134,125,800 | $0 |
Education Fund | $0 | $90,462,400 | $90,462,400 |
Education Fund, One-Time | $0 | $144,613,400 | $0 |
Transportation Fund | $0 | $1,900,000 | $1,900,000 |
Federal Funds | $0 | $101,244,000 | $101,244,000 |
Dedicated Credits | $0 | $15,797,700 | $15,797,700 |
Restricted Funds | $0 | $67,106,900 | $39,559,300 |
Transfers | $0 | $13,223,500 | $13,223,500 |
Nonlapsing Funds | $0 | ($2,594,400) | $0 |
Other | $0 | $8,622,900 | $6,676,600 |
Total Expenditure | $0 | $583,759,700 | $278,121,000 |
Net Impact, All Funds (Rev.-Exp.) | $0 | ($541,212,500) | ($278,328,000) |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($351,411,900) | ($99,926,900) |
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
3/11/2014, 8:58:54 AM, Lead Analyst: Wilko, A./Attny: ENW | Office of the Legislative Fiscal Analyst |