COBI 2015 - Child Care Fund

Overview
Issues
Performance
Background
Financials

Sources Uses

FY 2016 Appropriation

The Child Care Fund's purpose is to support child care initiatives to improve quality, affordability, and accessibility. The money in the fund primarily comes from donations.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $0 from all sources for Child Care Fund. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources.

Statute

UCA 35A-3-206 directs that the money may only be given to local governments, nonprofit organizations, or child care providers. The money may be used for training, grants, and recruitment for child care staff. Additionally the money may be used for activities that will assist in the improvement of child care quality and accessibility such as public awareness campaigns and matching money for obtaining grants. UCA 35A-3-206 directs that the Department of Workforce Services report annually on the status of this fund to the Legislature. Based on current law (UCA 35A-3-206) the Child Care Fund receives its revenue automatically and can spend all revenues without additional Legislative action.

Display By:

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
Child Care Fund	0	0	0	0	0	0	0	0	0
Total	$0	$0	$0	$0	$0	$0	$0	$0	$0

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Dedicated Credits Revenue	0	0	0	100	0	100	100	0	100
Interest Income	100	200	200	0	200	(200)	0	0	0
Beginning Fund Balance	23,300	23,400	23,600	23,800	23,600	300	23,900	100	24,000
Ending Fund Balance	(23,400)	(23,600)	(23,800)	(23,900)	(23,800)	(200)	(24,000)	(100)	(24,100)
Total	$0	$0	$0	$0	$0	$0	$0	$0	$0

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
Change in Fund Balance	0	0	0	100	0	100	100	0	100

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.