Fiscal Note - State of Utah - 2011 General Session
SB0004 - Current School Year Supplemental Public Education Budget Adjustments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill appropriates $101.3 million in federal Education Jobs Funds to Public Education in FY 2011. The bill reduces Education Fund appropriations by $50 million to address education revenue deficits. It further provides $0.7 million from the Uniform School Fund Restricted - Professional Practices account for educator licensing, $1,728,500 one-time from the Education Fund for Teacher Salary Supplements, and $200,000 one-time from nonlapsing balances for Library Books and Electronic Resources. Finally, the bill adjusts Minimum School Program funding sources by for changes in revenue streams by increasing Uniform School Fund appropriations $30 million and reducing Education Fund appropriations a like amount.
|State Budget Detail Table||FY 2011||FY 2012||FY 2013|
|Uniform School Fund, One-time||$30,000,000||$0||$0|
|Uniform School Fund Restricted||$703,200||$0||$0|
|Education Fund, One-Time||($78,271,500)||$0||$0|
|Net Impact, All Funds (Rev.-Exp.)||($61,735,700)||$0||$0|
|Net Impact, General/Education Funds (Rev.-Exp.)||$48,271,500||$0||$0|
Local Governments (UCA 36-12-13(2)(c)):
School districts, charter schools, and state education agencies may see an increase or decrease in state funding levels depending on their participation in programs contained in this bill.
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.
|3/8/2011, 10:26:51 AM, Lead Analyst: Leishman, B./Attny: AOS||Office of the Legislative Fiscal Analyst|