COBI 2015 - Hazardous Substance Mitigation Fund

Overview
Issues
Performance
Financials

Sources Uses

FY 2016 Appropriation

The Hazardous Substance Mitigation Fund is an expendable special revenue fund. It consists of voluntary contributions received for the cleanup of hazardous substance facilities and by appropriations made to the fund by the Legislature. Money in the fund may be used for emergency actions, remedial investigations, or to pay an amount required by the federal government as the state's portion of the cost of cleanups.

Funding History

Funding Issues

Transfer to Hazardous Substance Mitigation Fund

The Hazardous Substance Mitigation Fund is in place to help meet the state's cost share requirements for cleanup activities under the Comprehensive Environmental Response, Compensation and Liability Act and to respond to emergencies. Statute allows up to $400,000 to be transferred into the fund from the Environmental Quality Restricted Fund.

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $4,245,700 from all sources for Hazardous Substance Mitigation Fund. This is a 16.2 percent increase from Fiscal Year 2015 revised estimated amounts from all sources.

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 Transfer to Hazardous Substance Mitigation Fund$0$400,000

OngoingOne-TimeFinancing Source

$0$400,000GFR - Environmental Quality

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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
Hazardous Substance Mitigation Fund	856,400	575,600	3,522,900	3,630,800	4,237,500	(584,600)	3,652,900	592,800	4,245,700
Total	$856,400	$575,600	$3,522,900	$3,630,800	$4,237,500	($584,600)	$3,652,900	$592,800	$4,245,700

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Dedicated Credits Revenue	401,800	3,447,600	129,400	(8,400)	155,000	(57,000)	98,000	0	98,000
GFR - Environmental Quality	0	0	400,000	400,000	400,000	0	400,000	0	400,000
Beginning Fund Balance	18,803,600	18,349,000	21,221,000	18,227,500	15,106,400	(118,100)	14,988,300	(3,154,900)	11,833,400
Ending Fund Balance	(18,349,000)	(21,221,000)	(18,227,500)	(14,988,300)	(11,423,900)	(409,500)	(11,833,400)	3,747,700	(8,085,700)
Total	$856,400	$575,600	$3,522,900	$3,630,800	$4,237,500	($584,600)	$3,652,900	$592,800	$4,245,700

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Personnel Services	24,600	39,900	10,600	5,900	35,000	(28,000)	7,000	0	7,000
In-state Travel	0	200	0	0	500	(500)	0	0	0
Current Expense	827,000	527,500	3,510,200	3,623,700	959,900	(414,900)	545,000	192,900	737,900
DP Current Expense	600	1,000	300	200	1,000	(800)	200	(100)	100
Other Charges/Pass Thru	0	0	0	0	3,236,100	(136,400)	3,099,700	400,000	3,499,700
Cost Accounts	4,200	7,000	1,800	1,000	5,000	(4,000)	1,000	0	1,000
Total	$856,400	$575,600	$3,522,900	$3,630,800	$4,237,500	($584,600)	$3,652,900	$592,800	$4,245,700

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Other Indicators	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Actual FTE	0	0	0.10	0	0	0	0	0	0
Change in Fund Balance	(454,500)	2,871,900	0	0	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.