COBI 2015 - USTAR Administration

Overview
Issues
Performance
Financials

Sources Uses

FY 2016 Appropriation

USTAR Administration:

Implements strategic direction determined by the USTAR Governing Authority to establish programs and policies that increase innovation and commercialization across the State.

Engages through board positions, outreach and collaborative relationships with USTAR's diverse stakeholder community.

Develops, administers and resports on performance metrics for USTAR components (including for the University research teams and the USTAR Technology Outreach Innovations Program).

Provides financial management and auditable fiscal accounting for all USTAR transactions and budgetary processes.

Funding History

Related Publications

A New Era Begins At USTAR

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $1,141,300 from all sources for USTAR Administration. This is a 23.1 percent increase from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $995,000 from the General/Education Funds, an increase of 39.5 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$260,000$0

OngoingOne-TimeFinancing Source

$260,000$0General Fund

Centralize oversight functions into Administration.

The following are performance measures tracked within this organization.

Intent Language

HB0003: Item 64

Under Section 63J-1-603 of the Utah Code, the Legislature intends that up to $350,000 of any remaining amount of the $711,200 ongoing General Fund appropriation provided by Item 21, Chapter 10, Laws of Utah 2014 for Utah Science Technology and Research Governing Authority � USTAR Administration shall not lapse at the close of Fiscal Year 2015. These funds will be used for a program assessment, audit and website.

Display By:

Program

Funding Source

Expenditure Category

Appropriation Type:

Appropriation History by

Programs	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Administration	0	0	0	0	714,100	213,000	927,100	214,200	1,141,300
Total	$0	$0	$0	$0	$714,100	$213,000	$927,100	$214,200	$1,141,300

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	711,200	0	711,200	278,400	989,600
General Fund, One-time	0	0	0	0	2,000	0	2,000	3,400	5,400
Beginning Nonlapsing	0	0	0	0	102,600	463,800	566,400	(420,100)	146,300
Closing Nonlapsing	0	0	0	0	(101,700)	(44,600)	(146,300)	146,300	0
Lapsing Balance	0	0	0	0	0	(206,200)	(206,200)	206,200	0
Total	$0	$0	$0	$0	$714,100	$213,000	$927,100	$214,200	$1,141,300

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	426,000	213,900	639,900	51,800	691,700
In-state Travel	0	0	0	0	2,100	2,700	4,800	0	4,800
Out-of-state Travel	0	0	0	0	1,400	9,600	11,000	0	11,000
Current Expense	0	0	0	0	249,900	(6,000)	243,900	161,600	405,500
DP Current Expense	0	0	0	0	34,700	(7,200)	27,500	800	28,300
Total	$0	$0	$0	$0	$714,100	$213,000	$927,100	$214,200	$1,141,300

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	0	0	0	0	4	0	4	0	4

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.