UTAH CODE (Last Updated: January 16, 2015) |
Title 63J. Budgeting |
Chapter 1. Budgetary Procedures Act |
Part 2. Budget Process, Appropriations, and Expenditures |
§ 63J-1-219. Definitions -- Federal receipts reporting requirements.
Latest version.
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(1) As used in this section: (b) "Federal receipts" means the federal financial assistance, as defined in 31 U.S.C. Sec. 7501, that is reported as part of a single audit. (c) "Single audit" is as defined in 31 U.S.C. Sec. 7501. (2) Subject to Subsections (3) and (4), a designated state agency shall each year, on or before October 31, prepare a report that: (a) reports the aggregate value of federal receipts the designated state agency received for the preceding fiscal year; (b) reports the aggregate amount of federal funds appropriated by the Legislature to the designated state agency for the preceding fiscal year; (c) calculates the percentage of the designated state agency's total budget for the preceding fiscal year that constitutes federal receipts that the designated state agency received for that fiscal year; and (d) develops plans for operating the designated state agency if there is a reduction of: (i) 5% or more in the federal receipts that the designated state agency receives; and (ii) 25% or more in the federal receipts that the designated state agency receives. (3) (a) The report required by Subsection (2) that the Board of Regents prepares shall include the information required by Subsections (2)(a) through (c) for each state institution of higher education listed in Section 53B-2-101. (b) The report required by Subsection (2) that the State Office of Education prepares shall include the information required by Subsections (2)(a) through (c) for each school district and each charter school within the public education system. (4) A designated state agency that prepares a report in accordance with Subsection (2) shall submit the report to the Division of Finance on or before November 1 of each year. (5) (a) The Division of Finance shall, on or before November 30 of each year, prepare a report that: (i) compiles and summarizes the reports the Division of Finance receives in accordance with Subsection (4); and (ii) compares the aggregate value of federal receipts each designated state agency received for the previous fiscal year to the aggregate amount of federal funds appropriated by the Legislature to that designated state agency for that fiscal year. (b) The Division of Finance shall, as part of the report required by Subsection (5)(a), compile a list of designated state agencies that do not submit a report as required by this section. (6) The Division of Finance shall submit the report required by Subsection (5) to the Executive Appropriations Committee on or before December 1 of each year. (7) Upon receipt of the report required by Subsection (5), the chairs of the Executive Appropriations Committee shall place the report on the agenda for review and consideration at the next Executive Appropriations Committee meeting. (8) When considering the report required by Subsection (5), the Executive Appropriations Committee may elect to: (a) recommend that the Legislature reduce or eliminate appropriations for a designated state agency; (b) take no action; or (c) take another action that a majority of the committee approves.
Amended by Chapter 214, 2013 General Session