COBI 2015 - State Employee Benefits

Overview
Issues
Financials

Sources Uses

FY 2016 Appropriation

During the 2013 General Session, the Legislature passed H.B. 194, "State Employee Benefits Amendments". The legislation discontinues sick leave accrual under the post-retirement medical benefit program II for state employees. This funding will fund the 401k match program to make up for the loss of this benefit. Beginning on or after January 4, 2014, an employer shall make a biweekly matching contribution to every qualifying employee's defined contribution plan under section 401k as stipulated in the legislation.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $0 from all sources for State Employee Benefits. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $0 from the General/Education Funds, a reduction of 100 percent from revised Fiscal Year 2015 estimates.

Intent Language

HB0003: Item 44

The Legislature intends that, if revenues deposited in the Land Exchange Distribution Account exceed appropriations from the account, the Division of Finance distribute the excess deposits according to the formula provided in UCA 53C-3-203(4).

SB0002: Item 38

SB0003: Item 10

The Legislature intends that the appropriations provided in this item not lapse at the close of fiscal year 2015 and that the Division of Finance transfer any balance of appropriations to the new financial structure created in House Bill 343, Utah Communication Authority Emergency Radio and 911 Amendments.

SB0003: Item 85

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	4,500,000	4,500,000	0	4,500,000	0	4,500,000
General Fund, One-time	0	0	0	(4,145,700)	(3,789,700)	0	(3,789,700)	(710,300)	(4,500,000)
Lapsing Balance	0	0	0	(354,300)	0	(710,300)	(710,300)	710,300	0
Total	$0	$0	$0	$0	$710,300	($710,300)	$0	$0	$0

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
Personnel Services	0	0	0	0	(3,789,700)	3,789,700	0	(4,500,000)	(4,500,000)
Current Expense	0	0	0	0	4,500,000	(4,500,000)	0	4,500,000	4,500,000
Total	$0	$0	$0	$0	$710,300	($710,300)	$0	$0	$0

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.