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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(979,149,300)	$160,100	$(978,989,200)

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

Revenues	FY2026	FY2027	FY2028
Restricted Revenue	$0	$25,968,400	$25,968,400
Total Revenues	$0	$25,968,400	$25,968,400

This bill transfers $25,968,400 in FY 2027 from the General/Income Tax funds into other funds and accounts.

Expenditures	FY2026	FY2027	FY2028
Transfers	$0	$7,648,300	$7,648,300
Transfers, One-time	$(950,900)	$0	$0
Transportation Fund	$0	$5,495,500	$5,495,500
Other Financing Sources	$0	$84,900	$84,900
Federal Funds	$0	$156,426,200	$156,426,200
Federal Funds, One-time	$1,045,400	$1,399,900	$0
Dedicated Credits Revenue	$0	$56,273,000	$56,273,000
Dedicated Credits Revenue, One-time	$(839,800)	$688,200	$0
Beginning Nonlapsing, One-time	$30,390,500	$31,998,800	$0
General Fund	$0	$978,861,300	$978,861,300
General Fund, One-time	$0	$(160,100)	$0
Income Tax Fund	$0	$288,000	$288,000
Restricted Revenue	$0	$166,391,900	$166,391,900
Restricted Revenue, One-time	$(58,300)	$160,100	$0
Total Expenditures	$29,586,900	$1,405,556,000	$1,371,469,100

This bill appropriates $29,586,900 for FY 2026, plus $1,379,587,600, including $953,020,800 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 $25,968,400 in FY 2027 from the General/Income Tax funds into other funds and accounts.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$(29,586,900)	$(1,379,587,600)	$(1,345,500,700)

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.

2026/01/20 09:25, Lead Analyst Steven Allred, Attorney: Gilbert, C.

Fiscal Note