Fiscal Note - State of Utah - 2014 General Session
HB0131S03 - Public Education Modernization Act
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill appropriates $150,000,000 ongoing in FY 2015 from the General Fund and $50,000,000 one-time from the Education Fund for implementation of the Public Education Modernization Program.
State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
Revenue | $0 | $0 | $0 |
Expenditure: | |||
General Fund | $0 | $150,000,000 | $150,000,000 |
Education Fund, One-Time | $0 | $50,000,000 | $0 |
Total Expenditure | $0 | $200,000,000 | $150,000,000 |
Net Impact, All Funds (Rev.-Exp.) | $0 | ($200,000,000) | ($150,000,000) |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($200,000,000) | ($150,000,000) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill allocates $200,000,000 in FY 2015 for a new grant program aimed at increasing technology usage in school districts and charter schools.
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
3/8/2014, 10:29:04 AM, Lead Analyst: Young, T./Attny: TJN | Office of the Legislative Fiscal Analyst |