 | Fiscal NoteS.B. 4 2026 General Session Economic and Community Development Base Budget by Musselman, Calvin R. |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(308,999,200) | $(3,625,000) | $(312,624,200) |
| Revenues | FY2026 | FY2027 | FY2028 |
| Other Financing Sources | $0 | $2,250,000 | $2,250,000 |
| General Fund | $0 | $(5,207,400) | $(5,207,400) |
| Restricted Revenue | $0 | $52,988,900 | $52,988,900 |
| Liquor Control Fund | $0 | $5,207,400 | $5,207,400 |
| Total Revenues | $0 | $55,238,900 | $55,238,900 |
This bill reduces General Fund revenue by $5,207,400 ongoing in FY 2027 due to reduced liquor profits from increased Liquor Control Fund spending on store employee salaries and costs of doing business. These impacts have been previously accounted for in General Fund revenue estimates. Enactment of this bill transfers $55,238,900 in FY 2027 from the General/Income Tax funds into other funds and accounts.
| Expenditures | FY2026 | FY2027 | FY2028 |
| Transfers | $0 | $67,093,300 | $67,093,300 |
| Transportation Fund | $0 | $118,000 | $118,000 |
| Other Financing Sources | $0 | $239,403,500 | $239,403,500 |
| Federal Funds | $0 | $1,148,786,400 | $1,148,786,400 |
| Federal Funds, One-time | $443,100 | $0 | $0 |
| Dedicated Credits Revenue | $0 | $33,242,200 | $33,242,200 |
| Dedicated Credits Revenue, One-time | $(12,521,000) | $0 | $0 |
| Beginning Nonlapsing, One-time | $(3,291,900) | $69,459,600 | $0 |
| General Fund | $0 | $275,480,900 | $275,480,900 |
| General Fund, One-time | $3,625,000 | $0 | $0 |
| Income Tax Fund | $0 | $28,310,900 | $28,310,900 |
| Restricted Revenue | $0 | $83,909,500 | $83,909,500 |
| Restricted Revenue, One-time | $(558,600) | $0 | $0 |
| Total Expenditures | $(12,303,400) | $1,945,804,300 | $1,876,344,700 |
Enactment of this bill appropriates ($12,303,400), including $3,625,000 from the General/Income Tax Funds for FY 2026, plus $1,895,772,800, including $253,760,300 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 $55,238,900 in FY 2027 from the General/Income Tax funds into other funds and accounts.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $12,303,400 | $(1,890,565,400) | $(1,821,105,800) |
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.