The USDB--Institutional Council line item was created by the Legislature during the 2003 General Session. During the 2010 General Session, the Legislature re-combined the two line items into the main USDB line item. Additional information on the Institutional Council can be found in the USDB section of this report.
During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $0 from all sources for USDB - Institutional Council. This is a 0 percent change from Fiscal Year 2015 revised estimated amounts from all sources.
The Institutional Council line item is funded entirely through dedicated credits. These dedicated credits are the interest and dividends earned off the investment of the permanent fund created for the education of the hearing and visually impaired. For information on the FY 2010 and FY 2011 budget, please refer to the main USDB line item in this report.
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.