Fiscal Note - State of Utah - 2012 General Session

SB0078 - Water Conservancy District 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)):
Enactment of this bill could reduce property tax revenue by $20,641,000 to five water conservancy districts.

Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill could reduce property tax revenue paid by residents and businesses by $20,641,000. This decrease will likely be offset by increased water rates on residents and businesses using water conservancy district services.