Fiscal Note - State of Utah - 2011 General Session
HB0133 - Employee Compensation Amendments
State Government (UCA 36-12-13(2)(b)):
Assuming a leave reduction of four hours per pay period per employee and a corresponding decrease in full-time equivalent employment of around 950 positions at the State's average salary, this bill would save state agencies approximately $56 million per year beginning FY 2012. This savings would then be used to increase compensation for remaining employees by between approximately 4% and 5%.
Recognizing and funding the net accrued liability for remaining leave will cost the state approximately $10,000,000 ($5.7 million from the General Fund) per year beginning FY 2012 from various sources as estimated in the table below.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| General Fund | $0 | $5,700,000 | $5,700,000 |
| Federal Funds | $0 | $1,700,000 | $1,700,000 |
| Dedicated Credits | $0 | $500,000 | $500,000 |
| Restricted Funds | $0 | $2,100,000 | $2,100,000 |
| Total Expenditure | $0 | $10,000,000 | $10,000,000 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($10,000,000) | ($10,000,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($5,700,000) | ($5,700,000) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill likely will not result in direct, measurable costs for local governments.
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.
| 2/23/2011, 9:14:04 AM, Lead Analyst: Ricks, G./Attny: CJD | Office of the Legislative Fiscal Analyst |