COBI 2015 - General Fund

Overview
Issues
Performance
Financials

Sources Uses

FY 2016 Appropriation

The revenue transfers line items accounts to transfers from restricted funds and nonlapsing balances into the General Fund.

Funding History

Appropriation Overview

During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $265,400 from all sources for General Fund - EDHR. This is a 98.9 percent reduction 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 Real Estate and Corporations SUCCESS Revenue$265,400$0

OngoingOne-TimeFinancing Source

$265,400$0GFR - Commerce Service

Real Estate and Corporations have been able to absorb caseload and increase revenue through the implementation of SUCCESS principles. The additional revenue generated is $265,400.

Transfer Closeout Balances from the Comprehensive Health Insurance Fund to the General Fund$0$16,204,500

OngoingOne-TimeFinancing Source

$0$16,204,500Comprehensive Health Insurance Pool

The Comprehensive Health Insurance Program is closing out due to ACA. The remaining balances are available for redistribution. In the Governor's budget they proposed transfering the balance to the General Fund.

Transfer from Consumer Protection Education and Training Fund to the General Fund$0$1,973,000

OngoingOne-TimeFinancing Source

$0$1,973,000Consumer Protection Education & Training Fund

Any amounts over $500,000 from the Consumer Protection Agency and Training Fund lapse to the General Fund at the end of the Fiscal Year. This year the balances are $1,973,000 over the $500,000 cap.

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
General Fund	1,535,400	2,606,700	0	0	0	0	0	265,400	265,400
General Fund, One-time	0	0	0	0	6,600,000	18,177,500	24,777,500	(24,777,500)	0
Total	$1,535,400	$2,606,700	$0	$0	$6,600,000	$18,177,500	$24,777,500	($24,512,100)	$265,400

Sources of Finance	FY11 Actual	FY12 Actual	FY13 Actual	FY14 Actual	FY15 Approp	FY15 Change	FY15 Revised	FY16 Change	FY16 Approp
GFR - Alc Bev Enf and Treatment	0	30,000	0	0	0	0	0	0	0
GFR - Commerce Service	482,200	0	0	0	0	0	0	265,400	265,400
GFR - Factory Built Housing Fees	0	26,500	0	0	0	0	0	0	0
GFR - Financial Institutions	0	0	0	0	1,000,000	0	1,000,000	(1,000,000)	0
GFR - Industrial Assistance	0	0	0	0	1,900,000	0	1,900,000	(1,900,000)	0
GFR - Pawnbroker Operations	0	68,800	0	0	0	0	0	0	0
Securities Education and Enforcement Acc	400,000	0	0	0	0	0	0	0	0
Comprehensive Health Insurance Pool	0	0	0	0	0	16,204,500	16,204,500	(16,204,500)	0
Liquor Control Fund	653,200	2,481,400	0	0	0	0	0	0	0
Beginning Nonlapsing - Tax Commission	0	0	0	0	3,000,000	0	3,000,000	(3,000,000)	0
Beginning Nonlapsing - Heritage and Arts	0	0	0	0	700,000	0	700,000	(700,000)	0
Consumer Protection Education & Training	0	0	0	0	0	1,973,000	1,973,000	(1,973,000)	0
Total	$1,535,400	$2,606,700	$0	$0	$6,600,000	$18,177,500	$24,777,500	($24,512,100)	$265,400

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
Transfers	1,535,400	2,606,700	0	0	6,600,000	18,177,500	24,777,500	(24,512,100)	265,400
Total	$1,535,400	$2,606,700	$0	$0	$6,600,000	$18,177,500	$24,777,500	($24,512,100)	$265,400

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.