Fund and Account transfers are line-item appropriations that authorize the Division of Finance to move resources from one fund or account to another. These resources are then re-appropriated from the recipient fund or account to a program or activity. They are shown separately to avoid double-counting them in a budget roll-up.
During the 2015 General Session, the Legislature appropriated for Fiscal Year 2016, $78,000,000 from all sources for Restricted Account Transfers - PED. This is a 2500 percent increase from Fiscal Year 2015 revised estimated amounts from all sources. The total includes $78,000,000 from the General/Education Funds, an increase of 2500 percent from revised Fiscal Year 2015 estimates.
In addition to statewide compensation and internal service fund cost increases, the following appropriation adjustments were made during the 2015 General Session:
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.