FY 2012 Revised $12,809,179,154 Economic Expansion Reflected in 6% Discretionary Revenue State Funds $4,829,948,241 FY 2013 Appropriated $12,953,898,600 Growth
Utah Legislature 2012 General Session State Budget Overview Appropriations Summary & Budget Highlights 1 Total Budget Summary FY 2011 Actual $12,488,078,536 State Funds $4,710,359,336 Utah continues to lead the nation into prosperity with projected FY 2012 Revised $12,809,179,154 economic expansion reflected in 6% discretionary revenue State Funds $4,829,948,241 FY 2013 Appropriated $12,953,898,600 growth. Approximately $450 million in new ongoing and one‐ State Funds $5,092,979,300 time collections allowed for targeted investment in education, Percent Change FY11/FY12 Rev 2.6% social services, and law enforcement. Legislators allocated more State Fund Increase/(Decrease) 2.5% than $175 million (39%) to public schools ($117 million); higher Percent Change FY12 Rev/FY13 1.1% State Fund Increase/(Decrease) 5.4% education operations ($32 million); and higher education capital ($27 million). Social Services including Medicaid received 34% of State of Utah Budget History new available revenue ($152 million). Funding for law enforce‐ $14,000,000 ment also increased ($42 million) – including resources to put 20 $12,000,000 more troopers on Utah highways. $10,000,000 $8,000,000 Lawmakers funded the cost of new public education students as $6,000,000 $4,000,000 reported by the State Office of Education. They provided for a Funds (in All thousands) $2,000,000 $0 1.15% increase in the value of the Weighted Pupil Unit. Policy‐ 2009 Actual 2010 Actual 2011 Actual 2012 2013 Approp Revised makers also funded retirement costs for state employees, and Fiscal Year appropriated funds equivalent to a 1% salary increase in higher education institutions and state agencies.
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