Fiscal Note - State of Utah - 2012 General Session
HB0397 - Charter School Start-up Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill appropriates $2,500,000 ongoing from the Education Fund to cover charter school startup ($2,300,000) and administration ($200,000) costs.
| State Budget Detail Table | FY 2012 | FY 2013 | FY 2014 |
| Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| Education Fund | $0 | $2,500,000 | $2,500,000 |
| Total Expenditure | $0 | $2,500,000 | $2,500,000 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | ($2,500,000) | ($2,500,000) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | ($2,500,000) | ($2,500,000) |
Local Governments (UCA 36-12-13(2)(c)):
Enactment of this bill covers startup costs for six or seven new charter schools annually.
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.
| 2/27/2012, 9:39:45 AM, Lead Analyst: Young, T./Attny: AOS | Office of the Legislative Fiscal Analyst |