Fiscal Note - State of Utah - 2012 General Session

HB0207 - Requirements to Create School Districts

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)):
By FY 2014, enactment of this bill enables 17 more cities the option of creating their own school districts. In FY 2011, these cities had taxable bases of $29.9 billion, or 27% of the ten affected school districts' taxable bases. 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.