COBI 2015 - ISF - State Surplus Property

Overview
Issues
Financials

Sources Uses

FY 2016 Appropriation

During the 2013 General Session, the Legislature passed S.B. 68, "State Surplus Property Program Amendments." This legislation transferred the sale/disposal of non-vehicle state surplus property to the private sector beginning FY 2014. This accounts for the reduction in appropriated (and anticipated) revenue and expenses in FY 2014. The sale/disposal of state surplus vehicles continues to be performed by this ISF program. Prior to the passage of this bill, the division sold state agency surplus property to the public subject to a 30-day purchase priority that is given to state and local government agencies. The best possible price was obtained by using varied sales methods including: warehouse direct sales, sealed bids, spot bids, auction sales to the public, and internet-based auctions.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $584,300 from all sources for ISF - State Surplus Property. This is a 40.6 percent increase from Fiscal Year 2015 revised estimated amounts from all sources.

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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
Dedicated Credits - Intragvt Rev	707,200	1,028,500	822,000	528,600	407,000	8,600	415,600	168,700	584,300
Total	$707,200	$1,028,500	$822,000	$528,600	$407,000	$8,600	$415,600	$168,700	$584,300

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Personnel Services	472,500	477,500	393,500	268,300	191,800	35,100	226,900	(24,400)	202,500
In-state Travel	1,000	900	200	0	200	(200)	0	0	0
Out-of-state Travel	0	400	0	0	0	0	0	0	0
Current Expense	196,500	188,300	275,900	321,900	184,700	135,800	320,500	17,500	338,000
DP Current Expense	50,300	57,500	53,300	55,100	44,700	(9,300)	35,400	0	35,400
DP Capital Outlay	0	0	2,400	2,400	0	2,400	2,400	0	2,400
Capital Outlay	0	0	32,800	33,100	0	33,000	33,000	0	33,000
Other Charges/Pass Thru	73,300	2,000	3,900	4,500	3,900	600	4,500	(600)	3,900
Depreciation	34,000	34,400	0	0	35,200	(35,200)	0	0	0
Transfers	0	0	0	80,000	0	0	0	0	0
Total	$827,600	$761,000	$762,000	$765,300	$460,500	$162,200	$622,700	($7,500)	$615,200

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Other Indicators	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Budgeted FTE	8.80	8.70	8.66	8.70	8.66	0	8.66	0.34	9
Actual FTE	6.11	4.60	6.10	4.10	0	0	0	0	0
Authorized Capital Outlay	11,900	0	5,300	5,300	0	0	0	0	0
Retained Earnings	257,300	524,900	584,800	348,100	574,500	(433,500)	141,000	(30,900)	110,100
Vehicles	0	7	8	0	7	(7)	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.