COBI 2015 - State Charter School Board

Overview
Issues
Financials

Sources Uses

FY 2016 Appropriation

The State Charter School Board is the primary authorizer of charter schools in the State. It advocates for charter schools, charter school parents, or charter school students.

Funding History

Funding Issues

USOE Indirect Cost Pool Transfers

No Description

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $3,786,500 from all sources for State Charter School Board. This is an 11.3 percent increase from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $3,835,600 from the General/Education Funds, an increase of 11.1 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 Charter School Board Attorney$150,000$0

OngoingOne-TimeFinancing Source

$150,000$0Education Fund

No Description

Charter School Professional Development Grants$200,000$0

OngoingOne-TimeFinancing Source

$200,000$0Education Fund

No Description

USOE Indirect Cost Pool Transfers ($49,100) ($51,700)

OngoingOne-TimeFinancing Source

($49,100) ($51,700)Transfers - Indirect Costs

No Description

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
Education Fund	575,800	573,700	3,079,000	3,089,400	3,452,300	0	3,452,300	378,600	3,830,900
Education Fund, One-time	0	0	0	700	1,400	0	1,400	3,300	4,700
Federal Funds	3,547,200	2,551,500	0	0	0	0	0	0	0
Dedicated Credits Revenue	0	3,500	0	0	0	0	0	0	0
Transfers - Indirect Costs	0	0	0	0	0	(51,700)	(51,700)	2,600	(49,100)
Beginning Nonlapsing	0	0	212,200	586,900	565,900	436,900	1,002,800	0	1,002,800
Closing Nonlapsing	0	(212,200)	(586,900)	(1,002,800)	(565,900)	(436,900)	(1,002,800)	0	(1,002,800)
Total	$4,123,000	$2,916,500	$2,704,300	$2,674,200	$3,453,700	($51,700)	$3,402,000	$384,500	$3,786,500

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Personnel Services	524,600	264,500	325,700	385,700	766,800	(27,500)	739,300	180,600	919,900
In-state Travel	9,400	10,500	6,000	6,800	6,000	4,500	10,500	0	10,500
Out-of-state Travel	15,700	21,700	9,100	10,100	34,300	(12,600)	21,700	0	21,700
Current Expense	172,000	279,500	77,500	45,400	77,400	252,000	329,400	1,200	330,600
DP Current Expense	600	6,400	6,600	2,100	6,600	(200)	6,400	100	6,500
Other Charges/Pass Thru	3,400,700	2,333,900	2,279,400	2,224,100	2,562,600	(216,200)	2,346,400	200,000	2,546,400
Transfers	0	0	0	0	0	(51,700)	(51,700)	2,600	(49,100)
Total	$4,123,000	$2,916,500	$2,704,300	$2,674,200	$3,453,700	($51,700)	$3,402,000	$384,500	$3,786,500

Show Table | Show Additional Information

Other Indicators	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Budgeted FTE	2	3	3	6	6.50	(1.69)	4.81	1.69	6.50
Actual FTE	5.50	3.10	3.20	3.63	0	0	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.