Fiscal Note - State of Utah - 2012 General Session

SB0002 - Public Education Budget Amendments

State Government (UCA 36-12-13(2)(b)):
Enactment of this bill appropriates $71,285,700 ongoing and ($37,000,000) one-time from the Education Fund for a net amount of $34,285,700. Enactment of this bill also appropriates $45,000,000 one-time from the Uniform School Fund, $23,569,400 in Federal Funds, and $10,579,500 from other sources listed in the bill. The value of the Weighted Pupil Unit is increased $32, from $2,816 to $2,848 for most programs. The WPU value for the Special Education Add-on and the Career & Technical Education Add-on programs is increased $30, from $2,577 to $2,607. Appropriations in the bill may increase or decrease the total number of weighted pupil units in certain programs as outlined in the bill.

State Budget Detail TableFY 2012FY 2013FY 2014
General Fund Restricted$0$5,000$5,000
Uniform School Fund, One-time$0$45,000,000$45,000,000
Education Fund$0$71,285,700$71,285,700
Education Fund, One-Time$0($37,000,000)($37,000,000)
Federal Funds$0$23,569,400$23,569,400
Dedicated Credits$0$10,960,300$10,960,300
   Total Expenditure$0$113,434,600$113,434,600
Net Impact, All Funds (Rev.-Exp.)$0($113,434,600)($113,434,600)
   Net Impact, General/Education Funds (Rev.-Exp.)$0($79,285,700)($79,285,700)

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.

3/5/2012, 3:01:20 PM, Lead Analyst: Leishman, B./Attny: AOSOffice of the Legislative Fiscal Analyst