General, Income Tax, and Uniform School FundsJR4-4-101

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(14,680,400)	$(359,234,000)	$(373,914,400)

State GovernmentUCA 36-12-13(2)(c)

Revenues	FY2026	FY2027	FY2028
Other Financing Sources, One-time	$0	$4,500,000	$0
General Fund	$0	$3,594,100	$3,594,100
General Fund, One-time	$0	$17,572,600	$0
Restricted Revenue	$0	$3,565,800	$3,565,800
Restricted Revenue, One-time	$0	$17,580,700	$0
Total Revenues	$0	$46,813,200	$7,159,900

This bill deposits $18,000,000 into the unrestricted General Fund in FY 2027. It further increases General Fund revenue by reducing appropriations by $3,166,700 from funds and accounts that impact the General Fund in FY 2027. It transfers another $25,646,500 in FY 2027 from the General/Income Tax funds into other funds and accounts.

Expenditures	FY2026	FY2027	FY2028
Transfers	$0	$83,942,900	$83,942,900
Transfers, One-time	$0	$31,016,300	$0
Closing Nonlapsing, One-time	$0	$0	$(3,619,000)
Transportation Fund	$0	$(66,624,300)	$(66,624,300)
Transportation Fund, One-time	$0	$3,553,500	$0
Other Financing Sources	$0	$(5,170,800)	$(5,170,800)
Other Financing Sources, One-time	$0	$79,226,800	$0
Federal Funds	$0	$105,468,600	$105,468,600
Federal Funds, One-time	$0	$276,939,600	$0
Dedicated Credits Revenue	$0	$154,157,800	$154,157,800
Dedicated Credits Revenue, One-time	$0	$(10,000)	$0
Beginning Nonlapsing, One-time	$0	$51,168,300	$0
General Fund	$0	$29,190,100	$29,190,100
General Fund, One-time	$0	$167,597,200	$0
Income Tax Fund	$0	$(10,915,600)	$(10,915,600)
Income Tax Fund, One-time	$0	$209,209,400	$0
Restricted Revenue	$0	$72,098,100	$72,098,100
Restricted Revenue, One-time	$0	$86,730,800	$0
Total Expenditures	$0	$1,267,578,700	$358,527,800

This bill appropriates $1,220,765,500, including $366,267,900 from the General/Income Tax funds for FY 2027. These appropriations support the operations and capital acquisitions of state government, including expendable funds and accounts. It transfers another $28,813,200 in FY 2027 from the General/Income Tax Funds into other funds and accounts. This bill appropriates another ($3,166,700) in FY 2027 from funds and accounts that impact General Fund revenue.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$0	$(1,220,765,500)	$(351,367,900)

Local GovernmentUCA 36-12-13(2)(c)

Enactment of this legislation likely will not result in direct, measurable costs for local governments.

Individuals & BusinessesUCA 36-12-13(2)(c)

Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.

Regulatory ImpactUCA 36-12-13(2)(d)

Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.

Performance EvaluationJR1-4-601

This bill does not create a new program or significantly expand an existing program.

Notes on Notes

Fiscal notes estimate the direct costs or revenues of enacting a bill. The Legislature uses them to balance the budget. They do not measure a bill's benefits or non-fiscal impacts like opportunity costs, wait times, or inconvenience. A fiscal note is not an appropriation. The Legislature decides appropriations separately.

2026/03/03 08:58, Lead Analyst Steven Allred, Attorney: Gilbert, C.

Fiscal Note