Fiscal Highlights - June 2016

The Utah College of Applied Technology (UCAT) receives funding for equipment at its eight colleges. UCAT colleges provide training that is equipment intensive, and it is important that the equipment is up to date to provide relevant training experiences for students. Up-to-date equipment affects the quality of program completers' skill sets upon employment. Also, UCAT measures completion, placement, and licensure rates for its students as required by its accrediting body, the Council on Occupational Excellence (COE). Skills with current equipment should enable the colleges to maintain strong placement rates.
During the 2016 General Session, the Legislature appropriated an additional $600,000 ongoing to UCAT for equipment (see House Bill 2, Item 94). The base funding for equipment was $561,100. Thus, the total equipment budget for UCAT is $1,161,100 ongoing beginning in FY 2017.
The UCAT Administration and the UCAT College Presidents, with input from the system finance officers, proposed a new allocation of equipment funds for FY 2017 which the UCAT Board of Trustees approved in its June meeting. The table below shows the current allocation of equipment funding and the approved allocation beginning in FY 2017. Distribution will not be equal among the campuses. It will be disbursed based on greatest need.