63J-2-201. Accounting for fee revenues.
| (1) |
The Division of Finance shall:
Terms Used In Utah Code 63J-2-201- Agency: means each department, commission, board, council, agency, institution, officer, corporation, fund, division, office, committee, authority, laboratory, library, unit, bureau, panel, or other administrative unit of the state. See Utah Code 63J-2-102
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Dedicated credits: means the same as that term is defined in Section 63J-1-102. See Utah Code 63J-2-102
- Program: means the same as that term is defined in Section 63J-1-102. See Utah Code 63J-2-102
- Revenue types: means the categories established by the Division of Finance under the authority of this chapter that classify revenue according to the purpose for which it is collected. See Utah Code 63J-2-102
| (a) |
establish revenue types; |
| (b) |
develop a computerized master file of revenue types containing, for each revenue type:
| (i) |
the definition of each revenue type; |
| (ii) |
if available, a historical record of the amount collected for the revenue type for each of the five years; |
| (iii) |
the agency that collected the revenue; |
| (iv) |
the program, organization, and fund into which the revenue was originally recorded each year; |
| (v) |
a general description of the function where the largest portion of the revenue was spent each year; |
| (vi) |
the specific legal authority that authorizes the agency to collect the revenue; |
| (vii) |
the rates charged to the individuals or entities that pay the revenue; |
| (viii) |
the general methodology used to determine the rate charged to individuals or entities that pay the revenue; |
| (ix) |
for dedicated credits, the revenue estimate used by the agency to prepare their budget; |
| (x) |
the amount appropriated as dedicated credits in the annual appropriation act; and |
| (xi) |
for revenues other than dedicated credits, an estimate of the amount of revenue, if available or reasonably calculable; and |
|
| (c) |
make the computerized file available to the Budget Office and the Office of Legislative Fiscal Analyst upon request. |
|
| (2) |
Each agency shall provide the Division of Finance with the information required by this section. |
Amended by Chapter 469, 2018 General Session
