 | Fiscal NoteH.B. 453 2026 General Session Unspent Funding Amendments by Matthews, Ashlee |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(2,800) | $(5,226,900) | $(5,229,700) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Closing Nonlapsing, One-time | $(5,225,000) | $0 | $0 |
| Beginning Nonlapsing, One-time | $0 | $5,225,000 | $0 |
| General Fund, One-time | $(5,225,000) | $0 | $0 |
| New Account Created By Bill (FN Only), One-time | $5,225,000 | $0 | $0 |
| Total Revenues | $(5,225,000) | $5,225,000 | $0 |
To the extent that the state lapses spending authority to the General Fund or transfers restricted fund balances to the General Fund at the end of a fiscal year, enactment of this legislation could forgo future General Fund budget surpluses by 50% of the amount that would otherwise have lapsed and been transferred. Had provisions of this legislation been in effect in FY 2025, it would have resulted in $5.5 million in lapsing balances and $0.7 million in excess fund balances shifting from the General Fund to the new Unspent Balances Restricted Account. As written, enactment of the bill would transfer $5.2 million from the FY 2025 General Fund budget surplus into the new restricted account in FY 2026.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund | $0 | $2,800 | $2,800 |
| General Fund, One-time | $1,900 | $0 | $0 |
| New Account Created By Bill (FN Only), One-time | $0 | $5,225,100 | $0 |
| Total Expenditures | $1,900 | $5,227,900 | $2,800 |
Enactment of this bill could cost the following departments the amounts indicated one-time from the new account created in this bill: Department of Workforce Services $1,776,500 for child care subsidies, Department of Health and Human Services $1,724,300 for the Utah Behavioral Health Commission, and State Board of Education $1,724,300 for para-educators. Enactment of this legislation could cost the Division of Finance $1,900 one-time from the General Fund in FY 2026 to set up the new account, and $2,800 ongoing from the General Fund beginning in FY 2027 to maintain the new account and perform the end-of-year calculations.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(5,226,900) | $(2,900) | $(2,800) |
Enactment of this legislation likely will not result in direct, measurable costs for local governments.
Enactment of this legislation likely will not result in direct expenditures from tax or fee changes for Utah residents and businesses.
Enactment of this legislation likely will not change the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.