COBI 2015 - Individuals with Visual Impairment Vendor Fund

Overview
Issues
Performance
Background
Financials

Sources Uses

FY 2016 Appropriation

The fund provides individuals who are legally blind financial assistance to establish and operate vending, cafeteria, or gift shop enterprises within state or federal facilities.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $160,400 from all sources for Individuals with Visual Impairment Vendor Fund. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources.

Staff Analysis

There are no fund-specific reports. Due to the fiduciary nature of this fund, the Analyst recommends the fund be reported annually to the Social Services Appropriations Subcommittee and be included in an annual appropriations act.

The Utah Vocational Act of 1990 and the federal Randolph-Sheppard Act provide direction for activities covered by the fund, including such things as how funds can be spent and who qualifies.

Revenues come primarily from vending machine receipts and vendor assessments. Expenditures represent costs associated with providing replacement equipment and other payments to vending machine and other operators.

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
Individuals with Visual Disabilities Ven	0	0	0	160,400	0	160,400	160,400	0	160,400
Total	$0	$0	$0	$160,400	$0	$160,400	$160,400	$0	$160,400

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Interest Income	0	0	0	900	0	900	900	0	900
Trust and Agency Funds	0	0	0	127,000	0	127,000	127,000	0	127,000
Beginning Nonlapsing	0	0	0	0	0	0	0	104,500	104,500
Closing Nonlapsing	0	0	0	0	0	0	0	(72,000)	(72,000)
Beginning Fund Balance	0	0	0	169,500	0	137,000	137,000	(137,000)	0
Ending Fund Balance	0	0	0	(137,000)	0	(104,500)	(104,500)	104,500	0
Total	$0	$0	$0	$160,400	$0	$160,400	$160,400	$0	$160,400

Show Table | Show Additional Information

Categories of Expenditure	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Current Expense	0	0	0	100	0	100	100	0	100
DP Current Expense	0	0	0	1,200	0	1,200	1,200	0	1,200
Other Charges/Pass Thru	0	0	0	3,500	0	3,500	3,500	0	3,500
Trust and Agency Disbursements	0	0	0	155,600	0	155,600	155,600	0	155,600
Total	$0	$0	$0	$160,400	$0	$160,400	$160,400	$0	$160,400

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.