This program was created during the 2009 General Session to appropriate discretionary federal American Recovery and Reinvestment Act money to the Governor's Office.
During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $0 from all sources for General State Fiscal Stabilization Program. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources.
The Governor received approximately $87 million in discretionary federal stimulus funds. In cooperation with the Legislature, all funds have been expended.
In FY 2011 the Governor expended $647,600 from flexible federal stimulus funds on staffing, auditing, and pass through funding. This program provided incentives to purchase new homes.
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.