Fiscal Note - State of Utah - 2011 General Session
SB0229 - Transportation Funding Revisions
State Government (UCA 36-12-13(2)(b)):
Beginning in FY 2013, enactment of this bill shifts 30% of the growth in sales tax revenue (FY 2011 base) from the General Fund to the Centennial Highway Fund or the Transportation Investment Fund of 2005. The expected shift is $59,621,300 in FY 2013.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue: | |||
| Transportation Fund Restricted | $0 | $0 | $59,621,300 |
| Total Revenue | $0 | $0 | $59,621,300 |
| Expenditure | $0 | $0 | $0 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $0 | $59,621,300 |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | $0 |
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.
| 3/22/2011, 8:16:02 AM, Lead Analyst: Young, T./Attny: SCH | Office of the Legislative Fiscal Analyst |