Fiscal Note - State of Utah - 2013 General Session

HB0306 - School Land Trust Program 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 shifts about $155,000 (0.5% of total appropriation) in Interest and Dividends funding between local education agencies; the average charter school will see an increase in allocation of about $1,790 (7%), whereas the average school district will see a decrease in allocation of about $3,700 (0.2%).

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.

Performance Note Required? (Joint Rule 4-2-404): No

2/15/2013, 11:48:48 AM, Lead Analyst: Young, T./Attny: AOSOffice of the Legislative Fiscal Analyst