 | Fiscal NoteS.B. 164 2026 General Session School Construction Amendments by Wilson, Chris H. |  |
| Ongoing | One-time | Total | |
|---|---|---|---|
| Net GF/ITF/USF (rev.-exp.) | $(1,900) | $(900) | $(2,800) |
| Revenues | FY2026 | FY2027 | FY2028 |
| New Account Created By Bill (FN Only) | $0 | $9,400,000 | $9,400,000 |
| Total Revenues | $0 | $9,400,000 | $9,400,000 |
Enactment of this legislation could generate $9,400,000 ongoing beginning in FY 2027 to the Public School Construction Oversight Restricted Account created in this bill from fees paid by Local Education Agencies to the Division of Facilities Construction and Management.
| Expenditures | FY2026 | FY2027 | FY2028 |
| General Fund | $0 | $1,900 | $1,900 |
| General Fund, One-time | $900 | $0 | $0 |
| New Account Created By Bill (FN Only) | $0 | $9,400,000 | $9,400,000 |
| Total Expenditures | $900 | $9,401,900 | $9,401,900 |
Enactment of this legislation could cost the Department of Government Operations $900 one time in FY 2026 and $1,900 ongoing in FY 2027, both from the General Fund, for costs related to creating and maintaining the restricted account proposed in this bill. Enactment of this legislation could also cost the Division of Facilities and Construction Management $9,400,000 ongoing beginning in FY 2027 from the Public School Construction Oversight Restricted Account for costs related to oversight of local school district building projects.
| FY2026 | FY2027 | FY2028 | |
| Net All Funds (rev-exp) | $(900) | $(1,900) | $(1,900) |
Enactment of this legislation could increase costs for Local Education Agencies due to a requirement to pay a 1.25% oversight fee to the Division of Facilities Construction and Management for their work managing school building projects. Based on historical LEA construction expenditures, this number could be approximately $9.4 million in aggregate. There may also be increased costs due to the management and reporting requirements as well as new non-compliance penalties that can be levied against LEAs.
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 could result in a small increase in the regulatory burden for Utah residents or businesses.
This bill does not create a new program or significantly expand an existing program.