Fiscal Note - State of Utah - 2014 General Session
HB0003 - Appropriations Adjustments
State Government (UCA 36-12-13(2)(b)):
This bill appropriates $4,029,600, including $1,256,400 from the General/Education Funds for FY 2014, plus $55,745,200, including $20,236,000 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 $12,675,800 in FY 2015 into the unrestricted General and Education funds. It transfers another $200,000 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, One-Time | $0 | $12,675,800 | $0 |
| Restricted Funds | $0 | $200,000 | $0 |
| Total Revenue | $0 | $12,875,800 | $0 |
| Expenditure: | |||
| General Fund | $0 | $7,607,100 | $7,607,100 |
| General Fund, One-Time | ($13,893,600) | $4,740,400 | $0 |
| Education Fund | $0 | $2,100,500 | $2,100,500 |
| Education Fund, One-Time | $15,150,000 | $5,988,000 | $0 |
| Transportation Fund | $0 | ($1,108,800) | ($1,108,800) |
| Federal Funds | $2,736,000 | $5,766,700 | $5,766,700 |
| Dedicated Credits | $0 | $425,700 | $425,700 |
| Restricted Funds | $37,200 | $21,854,300 | $9,420,700 |
| Transfers | $0 | $236,800 | $236,800 |
| Other | $0 | $21,010,300 | $21,002,300 |
| Total Expenditure | $4,029,600 | $68,621,000 | $45,451,000 |
| Net Impact, All Funds (Rev.-Exp.) | ($4,029,600) | ($55,745,200) | ($45,451,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | ($1,256,400) | ($7,760,200) | ($9,707,600) |
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
| 3/13/2014, 6:41:33 PM, Lead Analyst: Ball, J./Attny: ENW | Office of the Legislative Fiscal Analyst |