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2012 Utah Code
Title 51 - Public Funds and Accounts
Article 7 - State Money Management Act
Section 9.5 - State School Fund report.

Universal Citation:
UT Code ยง 51-7-9.5 (2012)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

51-7-9.5. State School Fund report.

(1) The state treasurer shall prepare a report at the end of each fiscal year on the State School Fund created in Utah Constitution Article X, Section 5.

(2) The report shall include the following information:

(a) the name of each asset within the fund and the fair market value of each asset as of June 30;

(b) the amount and date of each contribution to the fund during the fiscal year;

(c) a balance sheet for the most recently completed fiscal year and the previous fiscal year;

(d) the fund's internal rate of return for the previous year, three years, and five years;

(e) a summary of the asset allocation policy for the fund;

(f) a description of the fund income, including amounts distributed and amounts retained; and

(g) expenses in dollars and as a percent of fund assets.

(3) The state treasurer shall submit the report to the Education Interim Committee by October 1 of each year.


Enacted by Chapter 237, 2002 General Session

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