COBI 2015 - Education Tax Check-off Lease Refunding

Overview
Issues
Performance
Background
Financials

Sources Uses

FY 2016 Appropriation

The Education Tax Check-off Lease Refunding Fund receives deposits from income tax return contributions. The revenue may be used for libraries, library equipment, or to the foundation of any school district (or its equivalent for school districts without a foundation).

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $35,300 from all sources for Education Tax Check-off Lease Refunding. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources.

The Legislature determined that the Education Tax Check-off Lease Refunding Fund should be reviewed each year and be included in an appropriations act.

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
Education Tax Check-off Lease Refunding	0	0	0	30,500	35,300	0	35,300	0	35,300
Total	$0	$0	$0	$30,500	$35,300	$0	$35,300	$0	$35,300

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
Trust and Agency Funds	0	0	0	27,500	28,300	(800)	27,500	0	27,500
Beginning Fund Balance	0	0	0	28,300	31,200	(5,900)	25,300	(7,800)	17,500
Ending Fund Balance	0	0	0	(25,300)	(24,200)	6,700	(17,500)	7,800	(9,700)
Total	$0	$0	$0	$30,500	$35,300	$0	$35,300	$0	$35,300

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
Trust and Agency Disbursements	0	0	0	30,500	35,300	0	35,300	0	35,300
Total	$0	$0	$0	$30,500	$35,300	$0	$35,300	$0	$35,300

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.