Fiscal Note - State of Utah - 2012 General Session

HB0261 - Dividing of School Districts Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill likely will not materially impact the state budget.

Local Governments (UCA 36-12-13(2)(c)):
Newly created and existing school districts may experience one-time operational or capital project costs to enable a split. Additionally, depending upon the managing of the split, affected school districts may see shifting among expenditure categories.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Depending upon a split structure, individuals and businesses may see increased or decreased tax liability.

1/21/2012, 12:21:34 PM, Lead Analyst: Young, T./Attny: AOSOffice of the Legislative Fiscal Analyst