COBI 2014 - Navajo Revitalization Fund

Compendium of Budget Information for the 2014 General Session

Social Services
Appropriations Subcommittee

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Agency: Workforce Services

Line Item: Navajo Revitalization Fund

Function

The Navajo Revitalization Fund is to help the Navajo Nation Reservation in San Juan County, Utah with capital projects, infrastructure, housing projects, educational endowments, and promotion of Navajo culture. Funds may not be used for general operating budgets of eligible entities nor for costs of private business ventures. Eligible entities include the Navajo Nation and its divisions as well as nonprofit organizations that may be impacted by mineral resource development.

Statutory Authority

Statutory authority for the Fund comes from UCA 35A-8-1704 and 59-5-119. This Fund receives revenue automatically as per UCA 35A-8-1704. For Navajo lands, the Fund receives 33% of severance taxes from wells existing before July 1996 and 80% of taxes from new wells beginning production on or after July 1996. The maximum annual deposit cannot exceed $3,000,000. If the annual deposit were to exceed $3,000,000 then the excess would go into the General Fund. UCA 35A-8-1704 allows for up to 4% of the annual revenues for administration of the Fund.

Funding Detail

For more detail about a particular source of finance or organizational unit, click a linked entry in the left column of the table(s) below.

Sources of Finance (click linked fund name for more info)
Interest Income
Restricted Revenue
Beginning Fund Balance
Ending Fund Balance
Total

2010 Actual	2011 Actual	2012 Actual	2013 Actual	2014 Approp	2014 Change	2014 Revised	2015 Change	2015 Approp
$86,800	$112,400	$1,000	$70,700	$66,700	$4,000	$70,700	$4,300	$75,000
$1,402,600	$1,891,000	$2,569,200	$1,388,500	$2,569,200	$0	$2,569,200	($69,200)	$2,500,000
$12,063,000	$10,793,800	$10,446,900	$10,557,600	$10,734,000	$121,000	$10,855,000	$588,000	$11,443,000
($10,793,800)	($10,446,900)	($10,557,600)	($10,855,000)	($10,910,400)	($532,600)	($11,443,000)	($1,530,100)	($12,973,100)
$2,758,600	$2,350,300	$2,459,500	$1,161,800	$2,459,500	($407,600)	$2,051,900	($1,007,000)	$1,044,900

Programs: (click linked program name to drill-down)
Navajo Revitalization Fund
Total

2010 Actual	2011 Actual	2012 Actual	2013 Actual	2014 Approp	2014 Change	2014 Revised	2015 Change	2015 Approp
$2,758,600	$2,350,300	$2,459,500	$1,161,800	$2,459,500	($407,600)	$2,051,900	($1,007,000)	$1,044,900
$2,758,600	$2,350,300	$2,459,500	$1,161,800	$2,459,500	($407,600)	$2,051,900	($1,007,000)	$1,044,900

Categories of Expenditure (mouse-over category name for definition)
Personnel Services
In-state Travel
Out-of-state Travel
Current Expense
DP Current Expense
Other Charges/Pass Thru
Total

2010 Actual	2011 Actual	2012 Actual	2013 Actual	2014 Approp	2014 Change	2014 Revised	2015 Change	2015 Approp
$0	$0	$30,700	$33,900	$30,700	($16,600)	$14,100	$16,600	$30,700
$2,100	$0	$1,800	$1,800	$1,800	$0	$1,800	$0	$1,800
$0	$0	$0	$0	$0	$900	$900	($900)	$0
$42,700	$50,500	$12,400	$0	$12,400	$22,000	$34,400	($22,000)	$12,400
$0	$0	$0	$1,126,100	$0	$700	$700	($700)	$0
$2,713,800	$2,299,800	$2,414,600	$0	$2,414,600	($414,600)	$2,000,000	($1,000,000)	$1,000,000
$2,758,600	$2,350,300	$2,459,500	$1,161,800	$2,459,500	($407,600)	$2,051,900	($1,007,000)	$1,044,900

Other Indicators
Change in Fund Balance

2010 Actual	2011 Actual	2012 Actual	2013 Actual	2014 Approp	2014 Change	2014 Revised	2015 Change	2015 Approp
$0	$0	$110,700	$0	$176,400	($176,400)	$0	$176,400	$176,400

Subcommittee Table of Contents

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COBI contains unaudited data as presented to the Legislature by state agencies at the time of publication. For audited financial data see the State of Utah's Comprehensive Annual Financial Reports.