Fiscal Note - State of Utah - 2014 General Session
SB0093S01 - Internal Audit Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill could cost the Governor's Office up to $593,500 ongoing from the General Fund for an estimated three auditors, the governor's internal audit director, an administrative assistant, and related expenses for a new Governor's Office of Internal Audit Services.
State Budget Detail Table | FY 2014 | FY 2015 | FY 2016 |
Revenue | $0 | $0 | $0 |
Expenditure: | |||
General Fund | $0 | $593,500 | $593,500 |
Total Expenditure | $0 | $593,500 | $593,500 |
Net Impact, All Funds (Rev.-Exp.) | $0 | ($593,500) | ($593,500) |
Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($593,500) | ($593,500) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could cost each local school district up to $65,000 annually to contract for internal audit services. If each district contracts for these services, total annual cost is estimated at $2.4 million.
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
2/19/2014, 9:43:37 AM, Lead Analyst: Fay, B/Attny: VA | Office of the Legislative Fiscal Analyst |