The Executive Appropriations Committee meeting summary provided updates on several items:
- Revenues for FY2010 are estimated to be $50-150 million below targets due to lower than expected income tax payments.
- A proposal to incorporate more performance measures into the budget process to emphasize results and accountability.
- Approval of several new and continuing federal and non-federal grants requiring legislative action.
The document discusses the federal budget and return of budget deficits in the United States. It notes that the federal budget deficit grew significantly from large surpluses in 2001 to large deficits in 2007 due to tax cuts, defense spending, and entitlement programs. The long-term fiscal outlook is challenging due to rising healthcare costs, aging of the population, and tax cuts. Reform of the US healthcare system is needed to control costs and address the growing budget imbalance.
The document discusses forward-looking statements made in Credco's Annual Report on Form 10-K regarding risks and uncertainties that could cause actual results to differ from expectations. It identifies key risk factors such as credit trends affecting spending and debt payments, ability to accurately estimate losses, and fluctuations in foreign currency exchange rates and interest rates. The document also provides selected financial data for Credco from 2007 to 2003 and discusses critical accounting policies around reserves for losses and income taxes that require management estimates and judgments.
- Extreme Networks reported 12% product revenue growth in North America and EMEA in Q4 2010, with product revenue increasing 17% in North America and 22% in EMEA.
- For the full 2010 fiscal year, net revenue was $309 million compared to $336 million the prior year, with non-GAAP net income of $11.7 million versus $8.9 million in 2009.
- For Q1 2011, the company expects revenue of $81-84 million and non-GAAP net income of $0.04-0.06 per share.
The federal budget is a measure of the overall scope and magnitude of federal activities that involve the spending or collection of money. The net costs of those activities are shown in the budget mostly on a cash basis, but some transactions are recorded by means of accrual accounting. This presentation discusses the advantages and disadvantages of cash and accrual measures when accounting for various federal insurance programs and federal retirement programs.
The document discusses the federal budget deficit and its drivers. It notes that the deficit grew significantly from large surpluses in the early 2000s due to tax cuts, defense spending increases, and rising healthcare costs. Making the tax cuts permanent would cost trillions over time. The president's proposed budget would cut domestic programs and Medicaid while extending the tax cuts, worsening deficits. A balanced approach of spending cuts and revenue increases is recommended to reduce deficits in a responsible way.
CBO's analyses of the distribution of household income rely on the Census Bureau's Current Population Survey (CPS) for information about receipt of government transfers, particularly means-tested transfers. CPS respondents underreport their receipt of those transfers, and that underreporting has increased over the past few decades. This presentation shows how CBO adjusts for the underreporting of means-tested transfers in its distributional analyses.
- Sprint Nextel reported financial results for Q4 and full-year 2007, with consolidated revenues of $9.8 billion for Q4 and $40.1 billion for the year.
- A non-cash goodwill impairment charge of $29.7 billion was recorded in Q4, resulting in a net loss of $29.5 billion for the quarter.
- Wireless profitability declined in Q4 due to lower service revenues and higher expenses, though data revenues grew. Wireline profitability increased.
- The company is taking actions to increase financial flexibility, including borrowing funds and discontinuing dividend payments for the foreseeable future.
The document discusses the federal budget and return of budget deficits in the United States. It notes that the federal budget deficit grew significantly from large surpluses in 2001 to large deficits in 2007 due to tax cuts, defense spending, and entitlement programs. The long-term fiscal outlook is challenging due to rising healthcare costs, aging of the population, and tax cuts. Reform of the US healthcare system is needed to control costs and address the growing budget imbalance.
The document discusses forward-looking statements made in Credco's Annual Report on Form 10-K regarding risks and uncertainties that could cause actual results to differ from expectations. It identifies key risk factors such as credit trends affecting spending and debt payments, ability to accurately estimate losses, and fluctuations in foreign currency exchange rates and interest rates. The document also provides selected financial data for Credco from 2007 to 2003 and discusses critical accounting policies around reserves for losses and income taxes that require management estimates and judgments.
- Extreme Networks reported 12% product revenue growth in North America and EMEA in Q4 2010, with product revenue increasing 17% in North America and 22% in EMEA.
- For the full 2010 fiscal year, net revenue was $309 million compared to $336 million the prior year, with non-GAAP net income of $11.7 million versus $8.9 million in 2009.
- For Q1 2011, the company expects revenue of $81-84 million and non-GAAP net income of $0.04-0.06 per share.
The federal budget is a measure of the overall scope and magnitude of federal activities that involve the spending or collection of money. The net costs of those activities are shown in the budget mostly on a cash basis, but some transactions are recorded by means of accrual accounting. This presentation discusses the advantages and disadvantages of cash and accrual measures when accounting for various federal insurance programs and federal retirement programs.
The document discusses the federal budget deficit and its drivers. It notes that the deficit grew significantly from large surpluses in the early 2000s due to tax cuts, defense spending increases, and rising healthcare costs. Making the tax cuts permanent would cost trillions over time. The president's proposed budget would cut domestic programs and Medicaid while extending the tax cuts, worsening deficits. A balanced approach of spending cuts and revenue increases is recommended to reduce deficits in a responsible way.
CBO's analyses of the distribution of household income rely on the Census Bureau's Current Population Survey (CPS) for information about receipt of government transfers, particularly means-tested transfers. CPS respondents underreport their receipt of those transfers, and that underreporting has increased over the past few decades. This presentation shows how CBO adjusts for the underreporting of means-tested transfers in its distributional analyses.
- Sprint Nextel reported financial results for Q4 and full-year 2007, with consolidated revenues of $9.8 billion for Q4 and $40.1 billion for the year.
- A non-cash goodwill impairment charge of $29.7 billion was recorded in Q4, resulting in a net loss of $29.5 billion for the quarter.
- Wireless profitability declined in Q4 due to lower service revenues and higher expenses, though data revenues grew. Wireline profitability increased.
- The company is taking actions to increase financial flexibility, including borrowing funds and discontinuing dividend payments for the foreseeable future.
The document discusses perspectives on the US national debt and health care costs. It notes that while the current national debt is 40% of GDP, it has been higher historically. It argues that economic growth through infrastructure investment can help reduce the debt. It also notes that rising health care costs, not entitlement programs, are the main fiscal problem. Health care spending has grown faster in the US than other nations in recent decades and threatens to absorb half the economy. Solutions require addressing the underlying health care cost crisis.
CBO uses its microsimulation tax model to simulate the effects of tax rules for a representative sample of tax filers in each year of the budget window. The model informs much of CBO’s analysis of the individual income and payroll tax system.
The Budget and Economic Outlook, a recurring publication of the Congressional Budget Office, provides budget and economic projections that incorporate the assumption that current laws governing federal spending and revenues generally remain in place. Those baseline projections cover the 10-year period used in the Congressional budget process. The report generally describes the differences between the current projections and previous ones; compares the economic forecast with those of other forecasters; and shows the budgetary impact of some alternative policy assumptions. This presentation describes the projections and provides some recent examples.
Form 14035 Pilot Questionnaire for Governmental Plans Initiative taxman taxman
This document provides background information on the IRS Governmental Plans Initiative and introduces a pilot questionnaire being sent to a sample of 25 governmental retirement plans. The questionnaire focuses on gathering demographic information about plans and participants, examining plan documents and interactions with the IRS, studying plan provisions and operations, and obtaining general feedback. The IRS will use responses to refine the questionnaire and ultimately issue a public report on its findings to help improve guidance, education, and compliance programs for governmental plans.
CBO’s analyses of the distribution of household income and federal taxes are based on administrative tax data from the Internal Revenue Service’s Statistics of Income (SOI) and on household survey data from the Census Bureau’s Current Population Survey (CPS). Those two data sources contain complementary information. The SOI data contain detailed income information for those who file taxes each year but lack information for those who do not file taxes; the data also lack information about nontaxable sources of income. The CPS data contain information about a wide range of nontaxable sources of income for all U.S. households, regardless of whether they file tax returns in a given year.
By statistically combining the information from those two sources, CBO creates a comprehensive database of income sources for all U.S. households to serve as the foundation for its distributional analyses. This presentation provides an overview of the algorithm that CBO uses to statistically match the SOI and CPS data, and it provides some summary statistics on the characteristics of nonfiling tax units.
Presentation by Kevin Perese, an analyst in CBO's Tax Analysis Division, at a Washington Center for Equitable Growth workshop on distributional national accounts.
CBO regularly produces reports on the distribution of household income and federal taxes. This presentation highlights two methodological improvements for these analyses:
A new income measure to rank households by and to use as the denominator in the calculation of average federal tax rates, and
A regression-based method to correct for underreporting of transfer income in household survey data.
The information is preliminary and is being circulated to stimulate discussion and critical comment.
Presentation by Kevin Perese and Bilal Habib, analysts in CBO's Tax Analysis Division, at the Distributional Tax Analysis Conference.
The newsletter discusses recent positive economic growth in Ireland driven by strong export growth. Real GDP expanded 0.5% in Q3 2010, marking the second quarter of growth out of the past three. Exports have grown 13.2% annually, the strongest pace since 2001. The recovery is being led by strong performance in the export sector while domestic spending remains weak. Venture capital funding and tax relief measures aim to support business growth.
CBO’s health insurance simulation model (HISIM) generates estimates of health insurance coverage and premiums for the population under age 65. HISIM is used to help develop baseline projections (which incorporate the assumption that current law generally remains the same) and also to model proposed changes in policies that affect health insurance coverage.
Currently, CBO is developing and testing a new version of HISIM to respond to continued Congressional interest in understanding the effects of legislative proposals that significantly affect health insurance coverage. The new model will be used to help develop CBO’s spring 2019 baseline projections and subsequent cost estimates.
Presentation by Jessica Banthin, Deputy Assistant Director in CBO’s Health, Retirement, and Long-Term Analysis Division (HRLD), and Alexandra Minicozzi, Chief of HRLD’s Health Insurance Modeling Unit, to CBO’s panel of health advisers.
Sovereign Bancorp reported first quarter 2008 results with net income of $100.1 million, up from $48.1 million in the first quarter of 2007. Key highlights included an increase in net interest margin to 2.88% and loan growth of 1.9%. Non-performing loans increased to $417.8 million due to higher non-performing commercial loans related to the housing market. The allowance for credit losses was increased to 1.36% of total loans. Sovereign's President and CEO stated that results demonstrate progress reducing risk and improving earnings quality, but that turbulent financial markets provide a challenging credit environment.
Presentation by Alice Burns and Jaeger Nelson, analysts in CBO’s Budget Analysis Division and Macroeconomic Analysis Division, to the National Tax Association.
- Houston Community College's (HCC) financial statements and audit reports for fiscal years 2011 and 2010 were prepared by HCC's Division of Finance and Administration.
- The independent auditor issued an unmodified ("clean") opinion and found that HCC's financial statements for 2011 and 2010 were presented fairly and in accordance with accounting principles.
- Operating expenses exceeded operating revenues by $250 million in 2011, resulting in an operating loss, as is typical for public colleges that receive significant non-operating funding.
CBO’s new health insurance simulation model creates synthetic firms that mimic the real-world variations between firms to model employers’ decisions about whether to offer employment-based health insurance.
Presentation by Alexandra Minicozzi, a Unit Chief in CBO’s Health, Retirement, and Long-Term Analysis Division, at the 8th Annual Conference of the American Society of Health Economists.
Presentation by Adebayo Adedeji and Heidi Golding, analysts in CBO's National Security Division, at the Annual Conference of the Western Economic Association International.
This document summarizes the evolution of revenue sharing in Pakistan through the National Finance Commission (NFC) Awards. There have been seven NFC Awards since 1951 that determine the sharing of tax revenues between the federal and provincial governments. Over time, the divisible pool of taxes shared has expanded and the provinces' share of revenues has generally increased, with some exceptions. The 1991 NFC Award represented a major step towards fiscal decentralization by rationalizing fiscal relations and improving provinces' finances. Upcoming NFC Awards aim to find a revenue sharing formula that is agreeable to both the federal and provincial governments.
The Congressional Budget Office (CBO) provides Congress with budget and economic analyses. The CBO develops a baseline budget projection using its economic forecast and assuming current laws remain in place. The baseline includes projections for mandatory spending, discretionary spending, revenues, interest costs, deficits, and federal debt over 10 years. The CBO's current baseline projects that deficits will increase in coming years, federal debt will rise significantly, and debt held by the public will reach 96% of GDP by 2028 under current law.
- CNO Financial Group reported financial and operating results for 3Q16 with comparisons to 3Q15.
- Key highlights included continued franchise growth with collected premiums up 2% and policies in-force up 1%. Operating EPS excluding significant items was up 6% from $0.33 to $0.35.
- The company recaptured its closed block long-term care business, recording a $53 million after-tax charge as expected. Administrative functions have transitioned smoothly with no disruption to policyholders.
Comments and Proposed Amendment of Alaskans for Sustainable Budgets on HB 306...Brad Keithley
The comments and proposed amendment of Alaskans for Sustainable Budgets on HB306 (the proposal by Reps. Johnston & Kopp permanently to implement POMV 80/20).
COVID-19 - How Staffing Companies Can Navigate the CrisisCitrin Cooperman
The document summarizes information from two webinars on how staffing companies can navigate the COVID-19 crisis. It discusses cash management strategies, borrowing options, staffing level considerations, and provisions from the Families First Act and CARES Act. Key points include cash forecasting, accessing lines of credit and government funding, determining optimal staffing levels, paid sick leave and family leave requirements, employer payroll tax deferrals and refundable employee retention credits.
Hawaii Gov. David Ige's budget director, Wes Machida, delivered the administration's financial plan to lawmakers Jan. 21, 2015, at the Capitol auditorium.
San Joaquin Delta
Community College District
Office of Fiscal Services
5151 Pacific Avenue
Stockton, CA 95207
TO: Board of Trustees
Jeff Marsee Ph.D, Superintendent/President
District Leadership
FROM: Michael Hill, Administrative Consultant
Raquel Puentes-Griffith, Controller
SUBJECT: 2011-12 Adoption Budget
The budget development process has been much smoother this year than last. As you will see from the
presentation materials the changes from tentative to adoption are smaller in number and less dramatic
than 2010-2011. This is a more typical pattern for the unrestricted general fund portion of the budget.
The heavy lifting is normally done in preparation for the tentative budget. We do place added emphasis
on the restricted funds moving from the tentative to adoption budgets.
For the restricted funds there are no major surprises and with the effort made during this last year by the
fiscal services staff and program managers the restricted funds budgets are cleaner and reflect more
clearly the true status of programs.
Regarding the unrestricted general fund we are pleased to report that there is some revenue improvement
as a result of the state budget that was adopted but at the same time our estimate of the beginning fund
balance turned out to be higher than the actual results. We will expand on these points in this
memorandum.
We also want to provide you with a sense of what the current circumstance means for the 2012-2013
fiscal year. It has been the district strategy to approach the state funding loss in a multi-year plan and the
2011-12 budget represents the first year of the plan.
State Budget
The state budget had to confront a shortfall of $26 billion. About $13 billion was addressed back in
March through reduced funding of programs, the community colleges included. This became the best
case scenario in the evaluative process. Facing more cuts to close the gap for the remaining $13 billion,
extending taxes or a combination of both, the legislature and governor could not reach agreement on how
to proceed. The process bogged down in the usual political way.
The “May Revise” is that point where the state measures revenue flows and makes adjustments to the
revenue estimates for the next year. When that measurement occurred it was determined that the revenue
estimates could be increased which covered a portion of the $13 billion gap. In the final days of June to
get the budget out the door the revenue estimates were increased further but because there was a sense the
numbers were soft and unlikely to materialize, triggers were incorporated which would impose mid-year
cuts. The trigger date for making the determination is December 15, 2011. The triggers are as follows:
Tier 0
If between $3 and $4 billion of the new revenue materializes, no ad.
The document discusses perspectives on the US national debt and health care costs. It notes that while the current national debt is 40% of GDP, it has been higher historically. It argues that economic growth through infrastructure investment can help reduce the debt. It also notes that rising health care costs, not entitlement programs, are the main fiscal problem. Health care spending has grown faster in the US than other nations in recent decades and threatens to absorb half the economy. Solutions require addressing the underlying health care cost crisis.
CBO uses its microsimulation tax model to simulate the effects of tax rules for a representative sample of tax filers in each year of the budget window. The model informs much of CBO’s analysis of the individual income and payroll tax system.
The Budget and Economic Outlook, a recurring publication of the Congressional Budget Office, provides budget and economic projections that incorporate the assumption that current laws governing federal spending and revenues generally remain in place. Those baseline projections cover the 10-year period used in the Congressional budget process. The report generally describes the differences between the current projections and previous ones; compares the economic forecast with those of other forecasters; and shows the budgetary impact of some alternative policy assumptions. This presentation describes the projections and provides some recent examples.
Form 14035 Pilot Questionnaire for Governmental Plans Initiative taxman taxman
This document provides background information on the IRS Governmental Plans Initiative and introduces a pilot questionnaire being sent to a sample of 25 governmental retirement plans. The questionnaire focuses on gathering demographic information about plans and participants, examining plan documents and interactions with the IRS, studying plan provisions and operations, and obtaining general feedback. The IRS will use responses to refine the questionnaire and ultimately issue a public report on its findings to help improve guidance, education, and compliance programs for governmental plans.
CBO’s analyses of the distribution of household income and federal taxes are based on administrative tax data from the Internal Revenue Service’s Statistics of Income (SOI) and on household survey data from the Census Bureau’s Current Population Survey (CPS). Those two data sources contain complementary information. The SOI data contain detailed income information for those who file taxes each year but lack information for those who do not file taxes; the data also lack information about nontaxable sources of income. The CPS data contain information about a wide range of nontaxable sources of income for all U.S. households, regardless of whether they file tax returns in a given year.
By statistically combining the information from those two sources, CBO creates a comprehensive database of income sources for all U.S. households to serve as the foundation for its distributional analyses. This presentation provides an overview of the algorithm that CBO uses to statistically match the SOI and CPS data, and it provides some summary statistics on the characteristics of nonfiling tax units.
Presentation by Kevin Perese, an analyst in CBO's Tax Analysis Division, at a Washington Center for Equitable Growth workshop on distributional national accounts.
CBO regularly produces reports on the distribution of household income and federal taxes. This presentation highlights two methodological improvements for these analyses:
A new income measure to rank households by and to use as the denominator in the calculation of average federal tax rates, and
A regression-based method to correct for underreporting of transfer income in household survey data.
The information is preliminary and is being circulated to stimulate discussion and critical comment.
Presentation by Kevin Perese and Bilal Habib, analysts in CBO's Tax Analysis Division, at the Distributional Tax Analysis Conference.
The newsletter discusses recent positive economic growth in Ireland driven by strong export growth. Real GDP expanded 0.5% in Q3 2010, marking the second quarter of growth out of the past three. Exports have grown 13.2% annually, the strongest pace since 2001. The recovery is being led by strong performance in the export sector while domestic spending remains weak. Venture capital funding and tax relief measures aim to support business growth.
CBO’s health insurance simulation model (HISIM) generates estimates of health insurance coverage and premiums for the population under age 65. HISIM is used to help develop baseline projections (which incorporate the assumption that current law generally remains the same) and also to model proposed changes in policies that affect health insurance coverage.
Currently, CBO is developing and testing a new version of HISIM to respond to continued Congressional interest in understanding the effects of legislative proposals that significantly affect health insurance coverage. The new model will be used to help develop CBO’s spring 2019 baseline projections and subsequent cost estimates.
Presentation by Jessica Banthin, Deputy Assistant Director in CBO’s Health, Retirement, and Long-Term Analysis Division (HRLD), and Alexandra Minicozzi, Chief of HRLD’s Health Insurance Modeling Unit, to CBO’s panel of health advisers.
Sovereign Bancorp reported first quarter 2008 results with net income of $100.1 million, up from $48.1 million in the first quarter of 2007. Key highlights included an increase in net interest margin to 2.88% and loan growth of 1.9%. Non-performing loans increased to $417.8 million due to higher non-performing commercial loans related to the housing market. The allowance for credit losses was increased to 1.36% of total loans. Sovereign's President and CEO stated that results demonstrate progress reducing risk and improving earnings quality, but that turbulent financial markets provide a challenging credit environment.
Presentation by Alice Burns and Jaeger Nelson, analysts in CBO’s Budget Analysis Division and Macroeconomic Analysis Division, to the National Tax Association.
- Houston Community College's (HCC) financial statements and audit reports for fiscal years 2011 and 2010 were prepared by HCC's Division of Finance and Administration.
- The independent auditor issued an unmodified ("clean") opinion and found that HCC's financial statements for 2011 and 2010 were presented fairly and in accordance with accounting principles.
- Operating expenses exceeded operating revenues by $250 million in 2011, resulting in an operating loss, as is typical for public colleges that receive significant non-operating funding.
CBO’s new health insurance simulation model creates synthetic firms that mimic the real-world variations between firms to model employers’ decisions about whether to offer employment-based health insurance.
Presentation by Alexandra Minicozzi, a Unit Chief in CBO’s Health, Retirement, and Long-Term Analysis Division, at the 8th Annual Conference of the American Society of Health Economists.
Presentation by Adebayo Adedeji and Heidi Golding, analysts in CBO's National Security Division, at the Annual Conference of the Western Economic Association International.
This document summarizes the evolution of revenue sharing in Pakistan through the National Finance Commission (NFC) Awards. There have been seven NFC Awards since 1951 that determine the sharing of tax revenues between the federal and provincial governments. Over time, the divisible pool of taxes shared has expanded and the provinces' share of revenues has generally increased, with some exceptions. The 1991 NFC Award represented a major step towards fiscal decentralization by rationalizing fiscal relations and improving provinces' finances. Upcoming NFC Awards aim to find a revenue sharing formula that is agreeable to both the federal and provincial governments.
The Congressional Budget Office (CBO) provides Congress with budget and economic analyses. The CBO develops a baseline budget projection using its economic forecast and assuming current laws remain in place. The baseline includes projections for mandatory spending, discretionary spending, revenues, interest costs, deficits, and federal debt over 10 years. The CBO's current baseline projects that deficits will increase in coming years, federal debt will rise significantly, and debt held by the public will reach 96% of GDP by 2028 under current law.
- CNO Financial Group reported financial and operating results for 3Q16 with comparisons to 3Q15.
- Key highlights included continued franchise growth with collected premiums up 2% and policies in-force up 1%. Operating EPS excluding significant items was up 6% from $0.33 to $0.35.
- The company recaptured its closed block long-term care business, recording a $53 million after-tax charge as expected. Administrative functions have transitioned smoothly with no disruption to policyholders.
Comments and Proposed Amendment of Alaskans for Sustainable Budgets on HB 306...Brad Keithley
The comments and proposed amendment of Alaskans for Sustainable Budgets on HB306 (the proposal by Reps. Johnston & Kopp permanently to implement POMV 80/20).
COVID-19 - How Staffing Companies Can Navigate the CrisisCitrin Cooperman
The document summarizes information from two webinars on how staffing companies can navigate the COVID-19 crisis. It discusses cash management strategies, borrowing options, staffing level considerations, and provisions from the Families First Act and CARES Act. Key points include cash forecasting, accessing lines of credit and government funding, determining optimal staffing levels, paid sick leave and family leave requirements, employer payroll tax deferrals and refundable employee retention credits.
Hawaii Gov. David Ige's budget director, Wes Machida, delivered the administration's financial plan to lawmakers Jan. 21, 2015, at the Capitol auditorium.
San Joaquin Delta
Community College District
Office of Fiscal Services
5151 Pacific Avenue
Stockton, CA 95207
TO: Board of Trustees
Jeff Marsee Ph.D, Superintendent/President
District Leadership
FROM: Michael Hill, Administrative Consultant
Raquel Puentes-Griffith, Controller
SUBJECT: 2011-12 Adoption Budget
The budget development process has been much smoother this year than last. As you will see from the
presentation materials the changes from tentative to adoption are smaller in number and less dramatic
than 2010-2011. This is a more typical pattern for the unrestricted general fund portion of the budget.
The heavy lifting is normally done in preparation for the tentative budget. We do place added emphasis
on the restricted funds moving from the tentative to adoption budgets.
For the restricted funds there are no major surprises and with the effort made during this last year by the
fiscal services staff and program managers the restricted funds budgets are cleaner and reflect more
clearly the true status of programs.
Regarding the unrestricted general fund we are pleased to report that there is some revenue improvement
as a result of the state budget that was adopted but at the same time our estimate of the beginning fund
balance turned out to be higher than the actual results. We will expand on these points in this
memorandum.
We also want to provide you with a sense of what the current circumstance means for the 2012-2013
fiscal year. It has been the district strategy to approach the state funding loss in a multi-year plan and the
2011-12 budget represents the first year of the plan.
State Budget
The state budget had to confront a shortfall of $26 billion. About $13 billion was addressed back in
March through reduced funding of programs, the community colleges included. This became the best
case scenario in the evaluative process. Facing more cuts to close the gap for the remaining $13 billion,
extending taxes or a combination of both, the legislature and governor could not reach agreement on how
to proceed. The process bogged down in the usual political way.
The “May Revise” is that point where the state measures revenue flows and makes adjustments to the
revenue estimates for the next year. When that measurement occurred it was determined that the revenue
estimates could be increased which covered a portion of the $13 billion gap. In the final days of June to
get the budget out the door the revenue estimates were increased further but because there was a sense the
numbers were soft and unlikely to materialize, triggers were incorporated which would impose mid-year
cuts. The trigger date for making the determination is December 15, 2011. The triggers are as follows:
Tier 0
If between $3 and $4 billion of the new revenue materializes, no ad.
San Joaquin Delta
Community College District
Office of Fiscal Services
5151 Pacific Avenue
Stockton, CA 95207
TO: Board of Trustees
Jeff Marsee Ph.D, Superintendent/President
District Leadership
FROM: Michael Hill, Administrative Consultant
Raquel Puentes-Griffith, Controller
SUBJECT: 2011-12 Adoption Budget
The budget development process has been much smoother this year than last. As you will see from the
presentation materials the changes from tentative to adoption are smaller in number and less dramatic
than 2010-2011. This is a more typical pattern for the unrestricted general fund portion of the budget.
The heavy lifting is normally done in preparation for the tentative budget. We do place added emphasis
on the restricted funds moving from the tentative to adoption budgets.
For the restricted funds there are no major surprises and with the effort made during this last year by the
fiscal services staff and program managers the restricted funds budgets are cleaner and reflect more
clearly the true status of programs.
Regarding the unrestricted general fund we are pleased to report that there is some revenue improvement
as a result of the state budget that was adopted but at the same time our estimate of the beginning fund
balance turned out to be higher than the actual results. We will expand on these points in this
memorandum.
We also want to provide you with a sense of what the current circumstance means for the 2012-2013
fiscal year. It has been the district strategy to approach the state funding loss in a multi-year plan and the
2011-12 budget represents the first year of the plan.
State Budget
The state budget had to confront a shortfall of $26 billion. About $13 billion was addressed back in
March through reduced funding of programs, the community colleges included. This became the best
case scenario in the evaluative process. Facing more cuts to close the gap for the remaining $13 billion,
extending taxes or a combination of both, the legislature and governor could not reach agreement on how
to proceed. The process bogged down in the usual political way.
The “May Revise” is that point where the state measures revenue flows and makes adjustments to the
revenue estimates for the next year. When that measurement occurred it was determined that the revenue
estimates could be increased which covered a portion of the $13 billion gap. In the final days of June to
get the budget out the door the revenue estimates were increased further but because there was a sense the
numbers were soft and unlikely to materialize, triggers were incorporated which would impose mid-year
cuts. The trigger date for making the determination is December 15, 2011. The triggers are as follows:
Tier 0
If between $3 and $4 billion of the new revenue materializes, no ad ...
This interim report from the Independent Review of State Finances provides an overview of the panel's work to date in developing a new financial management framework for Victoria. The panel concludes that Victoria's current financial position is unsustainable and a new approach is needed. The panel proposes a framework based on five principles of responsible financial management and recommends medium-term targets related to the net operating balance, net debt, infrastructure investment and superannuation liabilities. The panel finds that Victoria's finances are vulnerable and not well positioned to withstand economic shocks. Increased infrastructure investment is needed but cannot be funded through additional debt under the panel's principles. The report recommends the government adopt the new framework and develop a transition plan to implement it.
This document summarizes the results of a survey of over 1,000 attendees at a finance industry conference on emerging accounting issues in the Canberra market. Planning for a tight fiscal environment was identified as the top issue, with 22% of respondents ranking it as their highest priority. Implementation of the Public Governance, Performance and Accountability Act 2013 (PGPA Act) was the second highest issue at 16%. The document provides further details on these two top issues, noting the pressure on agencies to do more with less funding, and the ongoing challenges of transitioning to the new PGPA Act requirements.
Presentation by Kathleen Burke, John McClelland, and Jennifer Shand, analysts in CBO’s Tax Analysis Division, to the National Association of Legislative Fiscal Offices.
1) The Congressional Budget Office presentation discusses the challenges of estimating the federal budget and economic recovery given uncertainty.
2) It predicts a slow recovery due to financial market fragility and restrained household spending despite stimulus efforts.
3) Under current policies, the budget deficit is projected to rise significantly with debt exceeding revenues and crowding out private investment by 2020.
- The Congressional Budget Office presentation discusses the challenges facing the US economy and federal budget, including a slow recovery dampened by financial fragility and restrained household spending.
- Under current policies, the budget deficit is projected to rise significantly as a percentage of GDP due to increasing costs of programs like Social Security and Medicare not being offset by defense spending cuts.
- Significant changes will be needed to taxes or direct federal spending to balance the budget by 2020 without changing current policies.
1) The Congressional Budget Office presentation discusses the challenges of estimating the federal budget and economy in light of the fiscal stimulus and ongoing recovery from recession.
2) It notes that while the recovery is underway, several factors will dampen its strength, including financial market fragility and restrained household spending.
3) A key issue is that under current policies, spending for programs like Social Security and Medicare will exceed total federal revenues by 2020, meaning significant changes will be needed to taxes or other spending.
- The report analyzes Multnomah County's financial condition over the past 10 years. It found that while operating revenues have increased modestly, they have not kept pace with population growth, resulting in declining per capita spending. Intergovernmental revenues from federal and state governments remain a major funding source for county programs and services. Spending on health and human services has increased due to additional intergovernmental funding, while most other program spending is down. The county has generally maintained strong financial reserves in line with best practices.
The SEC staff issued 90 comments to 50 companies related to stock compensation between July 2015 and June 2016. The majority of comments (78%) related to financial statement presentation and disclosure. Over half (51%) of the comments were on S-1/DRS filings. The comments primarily focused on disclosure (49% of comments), accounting recognition (27%), and valuation (24%). Common disclosure issues included lack of transparency around valuation assumptions and changes. Recognition comments often addressed complex areas like expense recognition, tax accounting, and equity vs liability classification.
Best practices in local program design for small business survival - Ellen Harpel
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Pwc 2015 Technology Sector Sec Comment Letter TrendsPwC
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The document discusses India's fiscal system and reforms. It outlines the goals of fiscal policy as mobilizing resources, promoting growth, ensuring stability and equitable distribution. It discusses tax and expenditure reforms since the 1990s aimed at simplification, rationalization and widening the tax base. Reforms also focused on privatization, expenditure quality and reducing non-developmental spending. The document calls for further reforms to increase productive spending and finance development goals through improved resource mobilization and expenditure efficiency.
The budget making process and monitoring lecture kmtcLevis Wabwire
The document discusses the budget making process in Kenya. It outlines the key steps and frameworks involved, including macroeconomic planning, strategic planning, financial planning, and budget execution. It also describes sectors that receive budget allocations like agriculture, health, and education. Monitoring the budget is important to compare actual implementation and results to original targets and identify weaknesses to address in future budgets. Regular reports are produced to analyze budget outturns, expenditures, and performance. Accuracy and timeliness of data as well as inconsistent expenditure patterns present challenges for effective monitoring.
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The document discusses the budget making process in Kenya. It outlines the key steps and phases in preparing, approving, executing and monitoring the national budget. The main phases include macroeconomic planning, strategic planning, financial planning, and budget execution. It also discusses the medium term expenditure framework, main sectors funded, and weaknesses in the current process such as the dual budget system. The goal of the budget monitoring process is to continuously assess how well budget activities and programs are being implemented compared to expected results.
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The Utah Veterinary Diagnostic Laboratory is a cooperative effort between the Utah Department of Agriculture and Food and Utah State University that provides laboratory testing and expertise to protect animal health, promote Utah's agricultural economy, and protect public health. It serves various groups including animal owners, veterinarians, and regulatory agencies. While accredited nationally, it has been running deficits in recent years as public funding has remained flat while operating costs have increased, leading to consequences like higher user fees, outsourcing tests, eliminating positions, and inability to adopt new technologies.
This document presents a report on health disparities by Utah state legislative district published by the Utah Department of Health Office of Health Disparities in January 2019. It includes profiles for each of Utah's 29 state senate districts and 75 state house districts that provide information on health indicators and disparities. The report utilizes Utah Small Areas, which group similar communities within legislative districts, and the Utah Health Improvement Index to assess health equity across districts in a novel way. The goal is to empower elected officials to address health disparities and improve outcomes in their constituencies.
Localscapes is a program created to promote more water-efficient landscaping in Utah. It provides a 5-step process for designing a landscape using local plants with less watering needed. Cost comparisons showed that a Localscapes design for a 0.22 acre property would save over 130,000 gallons of water per year compared to a traditional design, while only costing $1,873 more on average. The program offers rebates and incentives for homeowners who work with approved landscape professionals to install a qualifying Localscapes design. It is partnering with various organizations and growing a network of landscape designers, contractors, and retailers to promote water-efficient landscaping.
This document summarizes the results of surveys conducted between 1987-2017 to determine the success of a translocation program that aimed to reestablish a desert tortoise population in Zone 4. Key findings include:
1) Tortoise density and abundance have increased over time, from undetected in 1987-91 to 13.4 tortoises/sq km in 2017, compared to 19.6 tortoises/sq km in the reserve.
2) Translocated adult tortoises exhibited higher growth rates than reserve tortoises.
3) Translocated tortoises displayed high site fidelity within Zone 4 despite some movement greater than tortoises in other zones.
4) Mortality risks like
The Logan River Observatory collects and stores water quality and flow data from the Logan River and its tributaries. This data is used to inform water resource decisions, support education programs, and further understanding of issues like stormwater and drinking water. The observatory works with local agencies, researchers, and communities to ensure the data is accessible and can support efforts to manage water resources, balance competing demands, and plan for a changing climate.
This document outlines several workforce development programs in Utah receiving funding from Talent Ready Utah. Weber State University is leading programs in building design and construction and cybersecurity with ongoing funding of $260,000 and $295,000 respectively. Utah State University is leading a core IT statewide stackable credential pathway with $370,000 in ongoing funding.
The Utah Division of Forestry, Fire and State Lands is requesting appropriations for FY20. In 2018, Utah saw its most expensive and active fire season on record, with over 486,000 acres burned at an estimated cost of $42 million to the state. The Division is requesting $19.8 million in supplemental funding for 2018 fire suppression and rehabilitation costs. The Division also manages over 1.5 million acres of sovereign lands and provides forestry assistance. The document outlines several ongoing and one-time funding requests to support phragmites control on Great Salt Lake, management plans for Bear Lake and Dalton Wells, a land lease database, and the Catastrophic Wildfire Reduction Strategy.
The Division of Wildlife Resources director Mike Fowlks presented on February 1, 2019. Their mission is to serve Utah as trustee and guardian of the state's wildlife with a hardworking staff. Funding comes from various sources including general funds, restricted funds, dedicated credits, and federal funds. The division has improved technology efficiencies and completed a nature center. Winter conditions so far have provided good snow and wildlife are doing well. Ongoing drought and wildfires threaten wildlife habitat while aquatic invasive species require ongoing monitoring. A request was made for $405,000 to address these species. A $35,000,000 budget request was made to acquire the Tabby Mountain property to conserve wildlife habitat through various funding sources including general funds
The Utah Department of Transportation presented on several infrastructure and transportation projects and funding requests to the Infrastructure & General Government Appropriations Committee. They discussed the I-15 Technology Corridor project, data and input for long-range planning, implementing Senate Bill 136 which reorganized UDOT, and funding requests for aircraft replacement and maintenance in the Aeronautics program. They also requested additional funds for local government land use and planning technical assistance.
The document provides an overview of the Utah System of Technical Colleges' (UTech) proposed FY 2020 budget. It outlines five funding priorities: 1) employee compensation increases, 2) $7 million for employer-driven program expansion and student support, 3) $3 million for equipment funds, 4) $650,000 for Custom Fit program, and 5) $250,000 for additional data analyst and software engineer positions for the system office. The budget request aims to increase program offerings, student support, and system analytics capabilities to further align technical education with employer needs and economic growth in Utah.
This document from the Division of Drinking Water outlines criteria for public water systems and provides guidance to water system owners and operators. It discusses the federal definition of a public water system, categories of water systems, population estimates, permitting processes, and responsibilities for infrastructure associated with master meters and bulk water connections. The document seeks input on regulatory approaches to existing and future bulk meters to clarify responsibilities and protect public health.
The document summarizes data from a Utah legislative report on suicide prevention. It finds that Utah's suicide rate in 2017 was 25.6 per 100,000 people, comparable to previous years. Suicide rates were highest among white and American Indian males in rural areas where firearm suicide rates were also higher. The report also details funding and effectiveness of Utah's suicide prevention programs, and concludes that 85% of gun deaths in Utah are suicides, with recommendations around limiting access to firearms.
The Utah Division of Aeronautics annual report outlines funding amounts and projects. It distributed $3.29 million in state grants across 28 projects and $47.4 million in federal FAA grants across 25 projects. Major pavement projects in the past 5 years included runways at Ogden, Richfield, SkyPark, Morgan, Provo, Spanish Fork, Dutch John, Manti, and Logan airports. The report also describes Morgan County Airport's runway refurbishment project and reconstruction of Hanksville Airport, as well as Utah's nationally recognized flight training program and new FAA regulations for commercial drone operators.
This quarterly report from the Utah Division of Child and Family Services provides statistics and outcomes measures for the fourth quarter of FY2018. It summarizes data on referrals, child protective services investigations, in-home services, foster care, and kinship care. Some key findings include that 51% of referrals were accepted for investigation, the most common supported allegations were neglect, domestic violence, and sexual abuse, and over 90% of children did not have a subsequent supported CPS case within 12 months of their initial case.
This presentation provides an overview and history of FirstNet, a nationwide public safety wireless broadband network:
- FirstNet was created in 2012 by Congress to provide emergency responders with a dedicated communications network. It has partnered with AT&T to build and operate the network.
- The network is being deployed in phases from 2018-2022, with $200 million already invested in Utah. It provides priority access and preemption capabilities to ensure first responders have connectivity during emergencies.
- Unique features include a separate core from commercial networks, 24/7 security monitoring, and a lab that tests devices and applications on the network.
This document summarizes a performance audit of state energy incentives in the state. It finds that energy-incentivizing tax credits total $74 million annually and are still growing. Several grant and loan programs not focused on energy provide more incentives than those that are focused on energy. Utilities' energy incentive programs cost $438.6 million. The audit recommends clearly identifying program intent to better measure success and establishing appropriate metrics to evaluate whether programs accomplish energy goals cost-effectively.
This document summarizes historical trends and emerging issues related to transportation policy and funding in Utah. It outlines how the state's transportation budget has historically relied on motor fuel taxes and vehicle registration fees, but these revenues are stabilizing or declining. To address a growing funding shortfall compared to transportation needs, the state is exploring options like public-private partnerships, bonding programs, and demand management strategies to supplement traditional funding sources.
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1. VOLUME 6, ISSUE 2 UTAH STATE LEGISLATURE JUNE 28, 2010
FISCAL HIGHLIGHTS
Inside this Issue: EXECUTIVE APPROPRIATIONS COMMITTEE
Executive Appropriations 1 MEETING SUMMARY ‐ JUNE 22, 2010
Meeting Summary SENATOR LYLE HILLYARD & REPRESENTATIVE RON BIGELOW, CO‐CHAIRS
Follow up on May EAC 2
Question Report: Fiscal Notes and Building Blocks should moderate revenues in the coming
The accuracy of the fiscal note and build‐ fiscal year.
Appropriations Report – 2
Pocket Edition ing block processes has increased as a Staff Contacts: Andrea Wilko & Thomas
Evidence‐Based Practices 2
result of the analysts’ regular follow up. Young
and Programs The Executive Appropriations Committee
reviewed the latest consolidated follow‐ Report: Performance Review Notes
Will Utah Receive a Six 3 up report, which is also available on the
Month Extension of En‐ Senator Niederhauser presented a pro‐
LFA website. posal to incorporate more performance
hanced FMAP?
Staff Contact: Stan Eckersley measurement in the budget process. His
Technology Training with 3
objective is to emphasize results and ac‐
Microsoft Vouchers Report: Revenue Update
countability. As a starting point, he sug‐
Driver License Division – 4 We expect General/Education Fund reve‐ gested requiring a “Performance Review
Rural Service Update nues for FY 2010 to be below our latest Note” on bills that create a new program
Implementation and Re‐ 4 estimates by $50 to $150 million based or appropriation. While the details are
sults of S.B. 33 on current collection rates and economic still being drafted, it likely will require a
Clean Diesel Program 5 indicators updated in June. The deficit is statement of the new program or appro‐
primarily centered on individual income priation’s goals, services, and the per‐
Tax Commission Online 5 tax revenue. A steeper than expected formance indicators that will be used to
Renewals and the Motor gauge whether the goals are being
drop in final income tax payments is
Vehicle Renewal Packet
largely responsible for the Education achieved. Results would be posted on
How Much is Our Total 6 Fund deficit. the state’s transparency website. If a
State Budget?
The tax on wages represents the largest new program or appropriation fails to
OFFICE OF THE source of revenue to the Education Fund. meet the goals advertised at start‐up, it
In spite of slight growth in total wages, should be considered for sunset.
LEGISLATIVE FISCAL ANALYST
Income Tax collections continue to strug‐ The Committee heard a report on how
STATE CAPITOL COMPLEX gle. Among the factors influencing the performance measurement is currently
HOUSE BUILDING, SUITE W310
decline in income tax liability are drops being used in Utah, how it can enhance
P.O. BOX 145310 in the following: sole proprietorship in‐ budget deliberations, how asking key
come, real estate and rental income, capi‐ questions can enhance accountability,
SALT LAKE CITY, UTAH 84114
tal gains, and bonuses. and how the State of New Mexico has in‐
PHONE: (801) 538-1034 Sales tax collections are currently below tegrated performance measures in their
FAX: (801) 538-1692 target. Part of the reason for that is the appropriations.
inability to pay sales tax due. Historically, Staff Contact: Steven Allred
WWW.LE.UTAH.GOV/LFA about 75 percent of sales tax due is paid
on time, while this year, this rate has Report: Revenue Update
dropped to 63 percent. We expect a Tenielle Young of the Governor's Office
trough in sales tax collections to be of Planning and Budget presented the list
reached in FY 2010, followed by below of Federal and Non‐Federal Grants appli‐
trend recovery. The CY 2011 taxable re‐ cations that require legislative action.
tail sales will stay below CY 2006 levels. The committee approved seven new fed‐
The State’s economy and associated eral grants, four reapplications, one new
LFA
L EGIS LATIV E FIS CA L ANA LYS T
revenue collections are not likely to re‐
cover this calendar year. However, the
lessening recessionary environment
non‐federal grant, and one reapplication
of a non‐federal grant.
Staff Contact: Patrick Lee
2. HEALTH EXECUTIVE OFFICES
Staff Contact: Russell Frandsen Staff Contact: Steven Allred
Follow up on May EAC Questions EvidenceBased Practices and Programs
As a follow up to unanswered questions posed by Legisla‐ The Commission on Criminal and Juvenile Justice (CCJJ)
tors at the May Executive Appropriations Committee re‐ has embarked upon a scientific research‐based examina‐
garding federal health care reform, the Fiscal Analyst tion of criminal justice practices and programs. The goal
submitted responses from the affected agencies as part of is to make policy decisions based on the best available
the mailing to members of the Executive Appropriations evidence about what does and does not work. To provide
Committee. The affected departments provided answers the necessary data, CCJJ has contracted with researchers
to three of the five questions asked. at the University of Utah and outside the state.
What is the specific plan/timeline to get grand Early this month the CCJJ heard a presentation regarding
fathered plan status for PEHP? evidence from studies across the nation. Highlights from
Answer from PEHP: Currently, health insurance plans the presentation include:
can self‐declare their grandfather status. In the future, • A 10% increase in the incarceration rate has pro‐
the federal government may change the self‐declared duced a 2%‐4% reduction in the crime rate.
process, and at that time PEHP can take the necessary • The drop in the crime rate in recent years is primarily
action. due to factors other than incarceration, such as social,
Can Medicaid now offer PEHPlevel coverage? What policing, and other factors.
will be the impact of that? • There is no evidence that incarceration is a deterrent
Answer from the Department of Health: Medicaid can on drug use or drug dealing (due to something called
offer a benefit plan that matches the federal or State em‐ the “Replacement Effect”).
ployee health plan or the highest enrollment employee • Supervision alone does not reduce recidivism.
plan. The Department estimates that the cost of such a
benefit plan for Medicaid would be higher than the cur‐ • The time period immediately following release is the
rent benefit package. riskiest in terms of re‐offending.
What are the administrative needs and costs for State • The most important factors in desistance from crime
agencies to handle 110,000 new Medicaid enrollees? are employment and marriage.
Answer from Workforce Services: $32,480,300 total • Research refutes the notion that “nothing works” to
funds including 328 FTEs. reduce recidivism, but it requires rigorous interven‐
tion.
Answer from Health: $1,000,000 ongoing General Fund
for a 10% increase in some administrative staff. • Things that are shown to work include education, em‐
ployment, substance abuse treatment, drug courts,
Answer from Human Services: $0 net impact. $450,000 cognitive‐behavioral interventions, and family‐based
General and $450,000 federal funds for 15 collection programs for juveniles.
agent FTEs. The Department estimates that revenue
from these new FTEs would at least offset the $900,000 • Judges should have discretion to sentence based on
total cost. offender risks and needs.
These are significant policy issues with impacts on the
State budget. Further information will be provided as
BEHIND THE SCENES CCJJ continues to review evidence and makes recommen‐
Staff Contact: Stan Eckersley dations to the Legislature.
Appropriations Report – Pocket Edition
Sometimes the new Appropriations Report is too much of
a good thing. So the Analyst issued a pocket edition. It
has all the significant budget changes but not the tables
or program descriptions. It’s 4” x 8.5” and 64 pages long.
This is a semi‐experimental project so please give us your
thumbs up or down.
PAGE 2 FISCAL HIGHLIGHTS - JUNE 2010
3. HEALTH AND HUMAN SERVICES (vote to end debate) in the Senate on H.R. 4213, the
Staff Contacts: Russell Frandsen & Stephen Jardine American Workers, State, and Business Relief Act of
2010, failed by recorded vote 57 yeas – 41 nays.”
Will Utah Receive a Six Month Extension of Enhanced
FMAP? The New York Times reported the White House Press
Secretary, Robert Gibbs, commenting, “The president will
What is FMAP? continue to press Congress to pass this bill and bring this
The Federal Medical Assistance Percentage (FMAP) relief that’s critical to our economic recovery.” The same
represents the federal share of the service costs for Medi‐ article states: “. . . the majority leader, Harry Reid, De‐
caid and a few other federal programs. The federal gov‐ mocrat of Nevada, said he would move on to other busi‐
ernment utilizes a formula to determine the annual per‐ ness next week because he saw little chance of winning
cent of medical assistance based on a rolling three year over any Republican votes . . . . In the latest version, the
average of per capita income levels compared to the na‐ Democrats pared a provision to extend higher Medicaid
tional average. By law the FMAP rate cannot be lower reimbursement for the states, to $16 billion from $24 bil‐
than 50 percent or higher than 83 percent. For the last lion . . . .” (New York Times, Congress Fails to Pass an Ex‐
10 years Utah’s annual FMAP has ranged between 70.3 tension of Jobless Aid, David M. Herszenhorn, June 24,
and 72.0 percent. Most administrative costs for these 2010).
federal programs are paid 50 percent by the federal gov‐
ernment.
Medicaid Case Load Update
What is Enhanced FMAP? April 2010
In February 2009, Congress passed the American Recov‐
• 213,600 April 2010 Medicaid caseloads
ery and Reinvestment Act that increased states’ Medicaid
• 400 member increase over March 2010
federal medical assistance percentages, or FMAPs, for 27
• 11.7% increase over April 2009
months. All states received a 6.2 percentage‐point in‐
Note: As of June 21, 2010 no numbers for May available
crease beginning October 1, 2008, through December 31,
2010 with additional potential increases based on state
unemployment rates. One condition of accepting the
funds is that Medicaid eligibility standards through De‐
HIGHER EDUCATION
cember 31, 2010 must not become more restrictive than
those in place July 1, 2008. Federal Funds Information Staff Contact: Spencer Pratt
for States (FFIS) estimated that all eligible groups in Utah Technology Training with Microsoft Vouchers
would receive $339 million over the 27 month period.
Elevate America is an innovative public‐private partner‐
However, actual receipts may differ from the original
ship between the State of Utah and Microsoft to provide
FFIS estimate based upon a number of variable factors.
vouchers for free online technology training and certifica‐
Who in Utah is affected by Enhanced FMAP? tion. More than 5,000 vouchers were provided to Utahns
The two State agencies primarily affected are the depart‐ desiring to improve their job skills. The vouchers were
ments of Health (Medicaid and Children’s Health Insur‐ distributed by the Utah College of Applied Technology
ance Program) and Human Services (Services for People (UCAT). The vouchers were made available beginning
with Disabilities, Child and Family Services, the State May 26, for a period of up to 90 days, or until they were
Hospital, Aging and Adult Services, and Juvenile Justice all distributed.
Services) with the largest portion associated with the No other state with similar online training programs has
Medicaid program in the Department of Health. Some used all of their allocated vouchers within the 90‐day
county programs providing mental health, substance time frame. UCAT had distributed all of the vouchers al‐
abuse, and aging services are also eligible to receive en‐ located to Utah within five days of the announcement.
hanced FMAP. Recipients of the vouchers may use them for Microsoft's
Is the Federal Government Going to Extend the En Professional E‐Learning courses, certification exams, or
hanced FMAP for an additional six months? Information Technology Professional E‐Learning courses,
As of June 24, 2010 a federal extension of enhanced to improve their employment skills. The Department of
FMAP to states has not yet happened and it is looking less Workforce Services and UCAT will follow up with quar‐
likely that it will. The National Conference of State Legis‐ terly employment results of the voucher recipients.
latures reported on June 24, 2010 that “the cloture vote
FISCAL HIGHLIGHTS - JUNE 2010 PAGE 3
4. EXECUTIVE OFFICE & CRIMINAL JUSTICE Many of the rental rates were reduced to $0, or in a few
Staff Contact: Gary Syphus cases, very nominal amounts. The intent of this legisla‐
tion was to eliminate financial barriers to individuals and
Driver License Division – Rural Service Update organizations with limited resources, thereby encourag‐
Beginning January 1, 2010 the Driver License Division ing broader citizen participation in the Legislative proc‐
implemented a previously announced plan that changed ess and state government. The Capitol Preservation
their service schedule in order to meet the requirements Board (CPB) reported the following fiscal impact details
of S.B. 81 of the 2008 General Session and S.B. 40 of the resulting from passage of the bill:
2009 General Session. Without this change, the Division
would have needed additional resources to ensure the State Capitol Facilities Rental Revenues Forgone
security of sensitive information and equipment. The 2010 General Session
change included the elimination of service in certain rural Room or Venue Rental Fees
areas, which previously were served approximately two Waived
Senate Building:
days per month.
Beehive Room $1,600
During the 2010 General Session, the Legislature pro‐ Copper Room $3,100
vided additional funds to the Division in part to properly Olmstead Room $2,000
re‐service certain rural areas specified in legislative in‐
Seagull Room $3,700
tent language (Kanab, Panguitch, Beaver, Loa, and Fill‐
Spruce Room $4,050
more). The Division has been working to re‐open the of‐
State Office Building:
fices in these locations, and to do it in facilities that en‐
Auditorium $4,100
sure the security of sensitive information and equipment.
Room B110 $100
Working closely with DFCM, the Driver License Division Room 1112 $100
has already located offices in Kanab, Panguitch, Beaver,
Multipurpose Room/Public Lounge $2,450
and Fillmore. In Kanab the Division has entered into an
Capitol Building:
agreement to lease space in a building that will be com‐
Room 210 $450
pleted in 18 months. In the meantime, the Division is
looking for a suitable temporary location. In Panguitch, Room 170 $300
the Division has identified a location and is determining Rotunda $57,260
the remodeling needs and costs. The office in Beaver Total Rental Revenues Forgone $79,210
opened May 1, 2010. In Fillmore, service was scheduled Note: Inclusive dates on or between January 25, 2010
to begin June 16, 2010. In Loa, the Division is in the proc‐ and March 11, 2010
ess of determining accommodations and feasibility.
In addition to re‐servicing these locations, the Division is Total rental revenues forgone amounted to $79,210. The
continuing service in Delta and re‐servicing Nephi. In Capitol Rotunda accounted for 72 percent or $57,260 of
Nephi, the Division will be leasing a facility that can act as the total. It is important to state that price elasticity or
a full‐time office when needed. The Division aims to re‐ market responsivity likely impacted the results, i.e., with
open service there by July. significantly reduced rental rates, CPB booked a larger
number of rooms/venues than would have been booked
with no change in the rental rates.
GOVERNMENT OPERATIONS
The legislation was effective only for the inclusive dates
Staff Contact: Gary Ricks
on or between January 25, 2010 and March 11, 2010
(which coincided with the 2010 Legislative General Ses‐
Implementation and Results of S.B. 33, “State Capitol
sion). It is a policy decision for the Legislature whether
Preservation Board Fee Amendments”
to pursue this course of action in the future.
During the 2010 General Session, the Legislature passed
S.B. 33, “State Capitol Preservation Board Fee Amend‐
ments.” The bill amended the State Capitol Preservation
Board fee schedule for the current fiscal year by estab‐
lishing rental rates for State Capitol facilities during the
2010 General Session.
PAGE 4 FISCAL HIGHLIGHTS - JUNE 2010
5. ENVIRONMENTAL QUALITY
This coalition is working together to secure funding
Staff Contact: Mark Bleazard sources for school districts to purchase emission reduc‐
ing technologies for buses statewide.
DEQ’s Clean Diesel Program
This past year, UDAQ applied for and received $750,000
Diesel engines carry millions of children to school each
from the American Recovery and Reinvestment Act
day, power the movement of goods, help produce the
(ARRA) to replace 11 agricultural vehicles and equip‐
food that we eat, help construct the buildings in which we
ment, repower 21 engines in agricultural vehicles and
live and work, and help build the roads on which we
equipment, and install 30 Auxiliary Power Units on agri‐
travel. Diesel engines provide mobility and are critical to
cultural vehicles.
the nation's economy but they also emit pollutants that
negatively impact human health and the environment. The Utah Clean Diesel Program's scope of replacing, re‐
powering, and installing more fuel efficient technology on
Diesel engines are a major source of pollution. Specifi‐
trucks, school buses, and agricultural vehicles and equip‐
cally, they emit particulate matter (PM); nitrogen oxides
ment will ensure that stricter emissions standards re‐
(NOx)—which contribute to the production of PM2.5 and
quirements are met, and yield fuel conservation and
ground‐level ozone, or smog; hydrocarbons (HC); and, air
cleaner Utah air.
toxics. These pollutants contribute to poor air quality in
Utah and can cause serious health problems.
Cost‐effective solutions are available today that can dra‐ ECONOMIC DEVELOPMENT AND REVENUE
matically reduce pollutants from diesel exhaust. The De‐ Staff Contact: Thomas Young
partment of Environmental Quality (DEQ) established the
Utah Clean Diesel Program to promote diesel emission Tax Commission Online Renewals and the Motor Vehi
reduction strategies. cle Renewal Packet
The "Crossroads of the West" for freight traffic, Utah pro‐ More individuals are renewing their vehicles online, with
vides major transportation arteries for distribution coast the number of online renewals through the Tax Commis‐
to coast and between Canada and Mexico. The Salt Lake sion’s Renewal Express (REX) having grown from 67,534
International Airport, Union Pacific Railroad, and thou‐ in FY 2001 to about 614,000 in FY 2010. The number of
sands of distribution centers and terminals create a high online transactions through the On‐the‐Spot (OTS) and
presence of freight distribution and are reasons Utah is other renewal systems has grown from 9,062 in 2001 to
home to the country's largest trucking companies, carri‐ about 453,000 in FY 2010, and represents 17 percent of
ers, and suppliers. all FY 2010 motor vehicle transactions. The use of the
REX and OTS online systems has limited requests for
The Utah Division of Air Quality (UDAQ) has acquired funding a third Salt Lake County office.
funds totaling $588,235 for use in local trucking projects
intended to increase fuel efficiency and improve air qual‐ During the 2009 General Session, the Legislature author‐
ity. These funds will be used to install Auxiliary Power ized a reduction in the size of the motor vehicle renewal
Units on long‐haul tractor/trailers that spend significant packet (MVRP), resulting in a savings of $250,000. Indi‐
amounts of time traveling and idling along the heavily‐ viduals used to be able to send a renewal payment with
populated areas of the Wasatch Front. These units reduce the envelope provided with the MVRP. The MVRP no
fuel consumption and diesel emissions by providing cli‐ longer includes an envelope.
mate control and electrical power for the truck's sleeper We continue to watch as to whether this reduction has
cab and engine block heater during downtime on the affected motor vehicle revenue, in that individuals may
road without running the truck's engine. Grant funds be shifting to the internet rather than opting for noncom‐
were received from the Environmental Protection pliance. As of year to date through May 2010, mail re‐
Agency's Diesel Emission Reduction Act (DERA) and were newals are down 37 percent on a year over year basis.
secured with a grant match from UDAQ.
School bus emissions contain chemicals that can be re‐
duced or removed easily by developed cost effective tech‐
nologies. In 2007, the Utah Division of Air Quality started
the Utah Clean School Bus Project in conjunction with
local school districts, county and municipal governments,
as well as community and non‐profit organizations.
FISCAL HIGHLIGHTS - JUNE 2010 PAGE 5
6. OFFICE OF THE LEGISLATIVE FISCAL ANALYST
STATE CAPITOL COMPLEX
HOUSE BUILDING, SUITE W310
LFA
L EGIS LATIV E FISCA L ANA LYS T
SALT LAKE CITY, UTAH 84114-5310
RETURN SERVICE REQUESTED
HOW MUCH IS OUR TOTAL STATE BUDGET? (SNAP a.k.a Food Stamps) and Unemployment Insurance.
Staff Contact: Jonathan Ball You directed us to bring greater transparency to more of
the State's finances. In the last three years, we have
If you ask two different budget geeks "What's Utah's total brought these formerly "off‐budget" programs back "on‐
state budget?", you're likely to get two different answers. budget".
One might say $11.6 billion, the other $11.9 billion. The
But these two programs don't explain the difference be‐
difference is philosophical.
tween $11.6 and $11.9 billion in FY 2011. The difference
If there is nothing more scintillating than a discussion of now, as shown in the table, is a mix of items from commu‐
the budget, it has got to be a discussion of budget philoso‐ nity development grants, to water loans, to restricted
phy! (If you feel the urge to stop reading now and go do fund deposits.
something more interesting like organize your sock
drawer, I understand.) Crosswalk of Total Budget Amounts, FY 2011
The lower number, $11.6 billion, attempts to show total
Adjusted Total Budget $11,625,409
state expenditures. The higher amount, $11.9 billion, re‐
flects total budget authorization. Neither measure is per‐ Permanent Community Impact Board $122,600
fect. Both budget geeks understand the shortcomings Water Loan Funds $49,113
and the differences. Utah Correctional Industries $18,262
At the risk of double‐counting, we in the Legislative Fiscal Rangeland Improvement/Agri Loans $1,556
Analyst's Office use the higher number. It is higher so Restricted Fund Deposits $101,762
that you can see all the transactions you have authorized, Unadjusted Total Budget $11,918,700
including certain federal programs. For example, past
total budget numbers did not include benefits paid out So, what is our state budget ‐ $11.9 billion or $11.6 bil‐
under the Supplemental Nutrition Assistance Program lion? It's both. It just depends upon who you ask!
FISCAL HIGHLIGHTS - VOLUME 6, ISSUE 2 - JUNE 28, 2010
BEN LEISHMAN & IVAN DJAMBOV, EDITORS