Budgeting and Appropriations | Annual budget; fiscal year begins July 1. The governor works with UDOT to develop budget recommendations, which are submitted to the Legislature. |
Bonding or Pay-as-You-Go | Combination of bonding and pay-as-you-go financing. |
State-Level Funding Provided for DOT Budgets | FY 2011 (approved): $1.3 billion |
Allocation of Federal Transportation Funds to the DOT | Federal transportation funds are allocated to UDOT as a state legislative appropriation at the program or category level. |
Allocation of State Transportation Funds to the DOT | As with federal funds, state transportation funds also are allocated to UDOT as a state legislative appropriation at the program or category level. |
Traditional State Funding and Finance for Highways | Fuel taxes; motor vehicle/rental car sales taxes; vehicle registration/license/title fees; truck weight fees; general funds; interest income; general obligation bonds. |
State Funding and Finance for Other Modes | Transit: A portion of the general sales tax. Aviation: Aviation fuel tax; aircraft registration fees. |
Innovative Transportation Funding and Finance | Build America Bonds; state infrastructure bank (federally capitalized); PPPs (authorized in statute, with legislative approval required only to convert an existing facility to a privately operated toll road); design-build (authorized in statute, used for at least two projects); impact fees. |
Dedicated/Restricted State Funds and Revenues | The state constitution restricts use of revenues from the fuel tax and related to the operation of motor vehicles on public highways primarily to construction, maintenance and repair of state and local roads, driver education, and enforcement of motor vehicle and traffic laws (Utah Const. art. XIII, §5). The state Transportation Fund is statutorily dedicated to highway purposes (Utah Code Ann. §72-2-102). The Aeronautics Restricted Account within the Transportation Fund is dedicated to aviation purposes (Utah Code Ann. §72-2-126). |
DOT Authorized to Retain Surplus Funds | Yes. Transportation Fund balances can be reallocated within the same line item. |
Legislative Approval Required to Move Funds Between Projects | No legislative approval is required. |
Transportation Funding Allocations through Local Aid | Transportation funds are allocated to local entities through state legislative appropriations and UDOT allocation of funds by formula. UDOT receives an annual appropriation from the Transportation Fund for deposit into the Class B and Class C Roads Account, which is expended under the direction of UDOT as the Legislature provides. Funds in the account are apportioned among counties and municipalities by a statutory formula based on weighted mileage and population (Utah Code Ann. §§72-2-107 et seq.). |