Fiscal Note - State of Utah - 2011 General Session

SB0231 - Film Enterprise Zone

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill would cost the Governor's Office of Economic Development $108,000 for an employee to administer the program. The bill allows for a one-time fee of $30,000 which could help offset the cost for the first two years.

State Budget Detail TableFY 2011FY 2012FY 2013
Revenue:   
Dedicated Credits$30,000$0$0
   Total Revenue$30,000$0$0
    
Expenditure:   
General Fund$0$105,000$108,000
Dedicated Credits$27,000$3,000$0
   Total Expenditure$27,000$108,000$108,000
    
Net Impact, All Funds (Rev.-Exp.)$3,000($108,000)($108,000)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($105,000)($108,000)

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.

3/1/2011, 11:37:12 AM, Lead Analyst: Wilko, A./Attny: JLWOffice of the Legislative Fiscal Analyst