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

	Ongoing	One-time	Total
Net GF/ITF/USF (rev.-exp.)	$(139,866,300)	$3,627,200	$(136,239,100)

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

Revenues	FY2026	FY2027	FY2028
Other Financing Sources	$0	$45,500	$45,500
Other Financing Sources, One-time	$200	$900	$0
General Fund	$0	$(3,538,700)	$(3,538,700)
General Fund, One-time	$(761,100)	$1,600	$0
Restricted Revenue	$0	$3,539,300	$3,539,300
Restricted Revenue, One-time	$784,500	$(1,600)	$0
Total Revenues	$23,600	$47,000	$46,100

This bill reduces General Fund revenue by $761,100 in FY 2026 and $3,537,100 in FY 2027 as a result of appropriations from funds and accounts that impact the General Fund. It transfers $23,600 in FY 2026 and $47,000 in FY 2027 from the General/Income Tax funds into other funds and accounts.

Expenditures	FY2026	FY2027	FY2028
Transfers	$0	$5,530,900	$5,530,900
Transfers, One-time	$1,017,700	$91,500	$0
Transportation Fund	$0	$2,488,600	$2,488,600
Transportation Fund, One-time	$2,091,400	$1,036,100	$0
Other Financing Sources	$0	$6,572,000	$6,572,000
Other Financing Sources, One-time	$1,272,500	$(31,500)	$0
Federal Funds	$0	$15,733,900	$15,733,900
Federal Funds, One-time	$2,789,900	$299,800	$0
Dedicated Credits Revenue	$0	$23,754,000	$23,754,000
Dedicated Credits Revenue, One-time	$987,000	$107,300	$0
General Fund	$0	$56,274,000	$56,274,000
General Fund, One-time	$(290,100)	$(2,862,000)	$0
Income Tax Fund	$0	$80,053,600	$80,053,600
Income Tax Fund, One-time	$(1,314,200)	$79,600	$0
Restricted Revenue	$0	$5,523,900	$5,523,900
Restricted Revenue, One-time	$1,436,200	$251,700	$0
Total Expenditures	$7,990,400	$194,903,400	$195,930,900

This bill appropriates $7,966,800, including ($1,627,900) from the General/Income Tax funds for FY 2026, plus $194,856,400, including $133,498,200 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 $23,600 in FY 2026 and $47,000 in FY 2027 from the General/Income Tax funds into other funds and accounts. It appropriates another $761,100 in FY 2026 and $3,537,100 in FY 2027 from funds and accounts that impact General Fund revenue.

	FY2026	FY2027	FY2028
Net All Funds (rev-exp)	$(7,966,800)	$(194,856,400)	$(195,884,800)

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.

2026/03/03 10:05, Lead Analyst Steven Allred, Attorney: Gilbert, C.

Fiscal Note