Fiscal Note - State of Utah - 2014 General Session

SB0093S02 - Internal Audit Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill could cost large local school districts up to $65,000 annually to contract for internal audit services. Of the 14 school districts that would be required to establish an internal audit program, 4 already have such a program in place.

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, 2:46:24 PM, Lead Analyst: Fay, B/Attny: VAOffice of the Legislative Fiscal Analyst