COBI 2013 - USTAR

Compendium of Budget Information for the 2013 General Session

Business, Economic Development, & Labor
Appropriations Subcommittee

<-Previous Page | Subcommittee Table of Contents | Next Page->

Agency: USTAR

Function

In March 2006, the Utah State Legislature created the Utah Science Technology and Research (USTAR) economic development initiative. The Initiative has three major components: recruiting and hiring top-notch research teams, construction of research buildings at the University of Utah and Utah State University, and operation of a technology outreach program at four locations throughout Utah.

The USTAR research teams are expected to bring new funding to the state through federal and commercial contracts and grants. Ultimately, USTAR should generate more technology-based start-up firms and higher-paying job opportunities in Utah through the commercialization of USTAR technologies.

Statutory Authority

UCA 63M-2 provides statutory authority for the USTAR Governing Authority. Chapter 2 establishes the Governing Authority and an advisory board, defines the scope of the USTAR initiative, and specifies how revenues created by USTAR teams and technologies are to be distributed.

UCA 63B-15-101 and UCA 63B-19-101 authorized the issuance and sale of general obligation bonds for the construction of the BioInnovations Research Institute at Utah State University and the James L. Sorenson Molecular Biotechnology building at the University of Utah.

Funding Detail

General Fund money is the major source of funds for USTAR. In the 2009 General Session, $33,000,000 in American Recovery and Reinvestment Act (ARRA) funding was allocated to USTAR. This funding covered expenditures for FY 2010 and some of FY 2011. During the 2009 General Sesssion, the Legislature approved USTAR's request to impose fees on certain companies receiving grant writing services through the USTAR Technology Outreach program's Small Business Innovation Research (SBIR) assistance center. These fees represent the dedicated credits revenue.

Expenditures are largely personnel related within the USTAR Administration and Technology Outreach and the Pass Thru to the University of Utah and Utah State University.

Table 1: Operating and Capital Budget Including Expendable Funds and Accounts

Sources of Finance (click linked fund name for more info)	2009 Actual	2010 Actual	2011 Actual	2012 Actual	2013 Approp
General Fund	$16,397,800	$15,296,100	$14,501,300	$13,952,700	$16,990,300
General Fund, One-time	($1,947,700)	($5,072,900)	$0	$540,500	$3,000,000
Federal Funds	$0	$0	$1,654,200	$0	$0
American Recovery and Reinvestment Act	$0	$15,884,400	$15,461,400	$0	$0
Dedicated Credits Revenue	$6,300	$9,600	$4,800	$3,100	$5,000
Beginning Nonlapsing	$11,269,700	$12,165,000	$16,744,900	$21,702,000	$5,215,600
Closing Nonlapsing	($12,165,000)	($16,744,900)	($21,702,000)	($10,923,700)	$0
Total	$13,561,100	$21,537,300	$26,664,600	$25,274,600	$25,210,900

Line Items (click linked line item name to drill-down)	2009 Actual	2010 Actual	2011 Actual	2012 Actual	2013 Approp
USTAR	$13,561,100	$21,537,300	$26,664,600	$25,274,600	$25,210,900
Total	$13,561,100	$21,537,300	$26,664,600	$25,274,600	$25,210,900

Categories of Expenditure (mouse-over category name for definition)	2009 Actual	2010 Actual	2011 Actual	2012 Actual	2013 Approp
Personnel Services	$2,030,400	$1,587,800	$1,638,800	$1,394,900	$951,800
In-state Travel	$36,400	$22,100	$18,500	$14,200	$17,900
Out-of-state Travel	$22,500	$19,900	$15,800	$18,000	$10,200
Current Expense	$1,015,900	$769,400	$737,900	$1,028,700	$790,200
DP Current Expense	$152,400	$132,400	$71,800	$60,500	$58,100
Other Charges/Pass Thru	$10,303,500	$19,005,700	$24,181,800	$22,758,300	$23,382,700
Total	$13,561,100	$21,537,300	$26,664,600	$25,274,600	$25,210,900

Other Indicators	2009 Actual	2010 Actual	2011 Actual	2012 Actual	2013 Approp
Budgeted FTE	26.8	26.0	26.0	26.0	21.0
Actual FTE	25.8	22.6	22.2	15.2	0.0

Subcommittee Table of Contents

<-Previous Page | Next Page->

COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.