COBI 2015 - Projects

Overview
Issues
Background
Financials

Sources Uses

FY 2016 Appropriation

The Projects program tracks state funding for USTAR projects that do not fit into any of the other TOIP programs; projects may include providing state dollars to match TOIP grants, purchases of specialized equipment, and funding one-time projects that support science and technology commercialization, etc. The Virtual Innovation Network is an example of this type of project.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $300 from all sources for Projects. This is a 99.9 percent reduction from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $300 from the General/Education Funds, a reduction of 99.8 percent from revised Fiscal Year 2015 estimates.

Appropriation Adjustments

In addition to statewide compensation and internal service fund cost increases, the following appropriation adjustments were made during the 2015 General Session:

DescriptionOngoingOne-Time Shift USTAR Oversight Functions to Administration ($156,600)$0

OngoingOne-TimeFinancing Source

($156,600)$0General Fund

Centralize oversight functions into Administration.

Virtual Innovation Network: [Explanation here…]

FY 2014 Expenditure:

[Need an explanation for each item that receives funding in this program: How much was spent on each program, and an explanation of each, etc.]

Intent Language

HB0003: Item 63

Under Section 63J-1-603 of the Utah Code, the Legislature intends that up to $332,000 of any remaining amount of the $2,802,700 ongoing General Fund appropriation provided by Item 20, Chapter 10, Laws of Utah 2014 for Utah Science Technology and Research Governing Authority � Technology Outreach and Innovation shall not lapse at the close of Fiscal Year 2015. These funds will be used for Go-to-market program and program impact survey.

Display By:

Funding Source

Expenditure Category

Appropriation Type:

Appropriation History by

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
General Fund	0	0	0	0	41,700	116,900	158,600	(158,300)	300
Beginning Nonlapsing	0	0	0	0	83,900	53,600	137,500	(137,500)	0
Closing Nonlapsing	0	0	0	0	(29,100)	29,100	0	0	0
Total	$0	$0	$0	$0	$96,500	$199,600	$296,100	($295,800)	$300

Show Table | Show Additional Information

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Current Expense	0	0	0	0	96,500	199,600	296,100	(295,800)	300
Total	$0	$0	$0	$0	$96,500	$199,600	$296,100	($295,800)	$300

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.