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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(163,282,100)	$0	$(163,282,100)

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

Revenues	FY2026	FY2027	FY2028
Other Financing Sources	$0	$1,260,900	$1,260,900
Other Financing Sources, One-time	$1,500	$0	$0
Restricted Revenue	$0	$13,055,900	$13,055,900
Total Revenues	$1,500	$14,316,800	$14,316,800

This bill transfers $1,500 in FY 2026 and $14,316,800 in FY 2027 from the General/Income Tax funds into other funds and accounts.

Expenditures	FY2026	FY2027	FY2028
Transfers	$0	$10,604,700	$10,604,700
Transfers, One-time	$(167,662,400)	$0	$0
Closing Nonlapsing, One-time	$(154,552,100)	$0	$0
Other Financing Sources	$0	$53,667,600	$53,667,600
Other Financing Sources, One-time	$40,000,000	$0	$0
Federal Funds	$0	$169,824,300	$169,824,300
Dedicated Credits Revenue	$0	$64,564,500	$64,564,500
Dedicated Credits Revenue, One-time	$(273,400)	$0	$0
Beginning Nonlapsing	$0	$346,743,500	$346,743,500
Beginning Nonlapsing, One-time	$0	$371,900	$0
General Fund	$0	$163,014,300	$163,014,300
General Fund, One-time	$261,300	$0	$0
Income Tax Fund	$0	$267,800	$267,800
Income Tax Fund, One-time	$(261,300)	$0	$0
Restricted Revenue	$0	$238,662,100	$238,662,100
Restricted Revenue, One-time	$(7,130,300)	$0	$0
Total Expenditures	$(289,618,200)	$1,047,720,700	$1,047,348,800

This bill appropriates ($289,619,700), including ($1,500) from the General/Income Tax Funds for FY 2026, plus $1,033,403,900, including $148,965,300 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 $1,500 in FY 2026 and $14,316,800 in FY 2027 from the General/Income Tax funds into other funds and accounts.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$289,619,700	$(1,033,403,900)	$(1,033,032,000)

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.

2026/01/28 11:09, Lead Analyst Lacey Moore, Attorney: Gilbert, C.

Fiscal Note