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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(1,646,421,600)	$0	$(1,646,421,600)

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

Revenues	FY2026	FY2027	FY2028
Restricted Revenue	$0	$53,379,200	$53,379,200
Total Revenues	$0	$53,379,200	$53,379,200

This bill transfers $53,379,200 in FY 2027 from the General/Income Tax funds into other funds and accounts.

Expenditures	FY2026	FY2027	FY2028
Transfers	$0	$829,310,100	$829,310,100
Transfers, One-time	$(10,856,600)	$0	$0
Closing Nonlapsing, One-time	$47,398,100	$0	$0
Other Financing Sources	$0	$1,813,000	$1,813,000
Other Financing Sources, One-time	$(50,000)	$0	$0
Federal Funds	$0	$4,989,060,800	$4,989,060,800
Federal Funds, One-time	$(44,336,900)	$0	$0
Dedicated Credits Revenue	$0	$727,392,700	$727,392,700
Dedicated Credits Revenue, One-time	$(82,551,900)	$0	$0
Beginning Nonlapsing, One-time	$0	$7,791,100	$0
General Fund	$0	$1,642,064,000	$1,642,064,000
Income Tax Fund	$0	$4,357,600	$4,357,600
Restricted Revenue	$0	$450,424,800	$450,424,800
Total Expenditures	$(90,397,300)	$8,652,214,100	$8,644,423,000

This bill appropriates ($90,397,300) for FY 2026, plus $8,598,834,900, including $1,593,042,400 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 $53,379,200 in FY 2027 from the General/Income Tax funds into other funds and accounts.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$90,397,300	$(8,598,834,900)	$(8,591,043,800)

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.

2026/01/19 19:53, Lead Analyst Kevin Edminster, Attorney: Gilbert, C.

Fiscal Note