SB 3 - Appropriates $29 Billion for the Fiscal Year 2023-2024 State Budget - Utah Key Vote

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Title: Appropriates $29 Billion for the Fiscal Year 2023-2024 State Budget

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Title: Appropriates $29 Billion for the Fiscal Year 2023-2024 State Budget

Vote Smart's Synopsis:

Vote to pass a bill that appropriates $29 billion in funds for the fiscal year 2023-2024 state budget.

Highlights:

  • Appropriates $29 billion from the state general fund for the fiscal year 2023-2024 state budget for various agency and department costs and expenditures, including, but not limited to (Sec. 1):

    • $71.7 million from the General Fund;

    • $3.1 million from the Income Tax Fund; 

    • $70.2 million from various sources as detailed in this bill;

    • $12.1 million in expendable funds and accounts for fiscal year 2023;

    • $3.8 million from the General Fund; 

    • $8.3 million from various sources as detailed in this bill;

    • $55.2 million in business-like activities for fiscal year 2023;

    • $55.1 million from the General Fund; 

    • $64.6 million in restricted fund and account transfers for fiscal year 2023;

    • $66.8 million from the General Fund; 

    • $2.2 million from various sources as detailed in this bill;

    • $1.8 billion in operating and capital budgets for fiscal year 2024;

    • $38.8 million from the General Fund;

    • $198.2 million from the Uniform School Fund;

    • $1 billion from the Income Tax Fund;

    • $577.7 million from various sources as detailed in this bill;

    • $53.1 million in expendable funds and accounts for fiscal year 2024;

    • $50.4 million from the General Fund;

    • $2.7 million from various sources as detailed in this bill;

    • $218.1 million in business-like activities for fiscal year 2024, including;

    • $185 million from the General Fund;

    • $33.1 million from various sources as detailed in this bill;

    • $205.6 million in restricted fund and account transfers for fiscal year 2024;

    • $148.7 million from the General Fund;

    • $19.1 million from the Uniform School Fund;

    • $37.9 million from various sources as detailed in this bill;

    • $161 million in fiduciary funds for fiscal year 2024;

    • $175 million in capital project funds for fiscal year 2024, including;

    • $50 million from the General Fund; and

    • $125 million from the Income Tax Fund.

Title: Appropriates $29 Billion for the Fiscal Year 2023-2024 State Budget

Title: Appropriates $29 Billion for the Fiscal Year 2023-2024 State Budget

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