Home
Publications
Fiscal Highlights
2014
Fiscal Highlights 2014
Variety of Options for the State Fairpark Explored in a Land Use Study -
Ivan D. Djambov ( PDF)
The Utah state fair was
established in 1902 and is currently run by the Utah State Fair Corporation, an
independent public nonprofit corporation (UCA 63H-6-103). The
state leases over 65 acres of Fairpark property to the corporation for $10 per
year. The management of the Fairpark
was privatized in 1995, with directive to find a way to become self-sufficient.
The legislation also allowed the new corporation to receive annual appropriations
from the state until it could become self-sufficient. Since 1995 the
corporation has attempted various ways to increase revenues and become
self-sustaining. These include having private groups build a science center,
aquarium, amphitheater, and bonding to construct a large multipurpose arena and
sports facility. For various reasons these proposals have all fallen through. In FY 2014, the corporation
experienced serious financial problems.
The Department of Administrative Services hired CRSA to analyze the
Fairpark conditions, research peer institutions, appraise land use values, and
develop long-term options for the state fair and the Fairground property.CRSA issued their final report
on July 3, 2014 titled "UTAH STATE FAIRPARK & WHITE BALLPARK LAND USE STUDY"
(https://www.dropbox.com/sh/xc9f2qxh6upvuts/AABrCzxeQYaI_pA4U8RK5TtCa/Final%20Report/Final%20Report_2014.07.03.pdf). Some of the key findings of the
report include:Maintaining and upgrading the Fairground facilities and the
infrastructure could cost more than $33 million over the next 20 years.Constructing new commercial facilities, including rodeo grounds
and arena, retail venues, convention center, and multi-sports arena could cost
additional $47 million.Several options for relocating the Fairpark were explored, ranging
from rebuilding the same structures at a new location ($160 million) to creating
a traveling fair partnering with county fairs ($380,000).
2014 Content
( PDF)
Final Cost of House Investigative Committee - Steven M. AllredOne year ago, in July 2013, the House passed H.R. 9001, "House Rules Resolution Forming Special Inv...
Following-up on Past Budget Items and Fiscal Notes - Stephen C. JardineThe Fiscal Analyst's Office reports annually on the implementation of fiscal notes and budget actio...
FY 2015 Capital Development Projects - Mark BleazardThe 2014 Legislature appropriated state funds totaling $165.4
million for FY 2105 capital developme...
Higher Education Completion Grants Approved - Spencer C. PrattThe State Board of Regents recently awarded Completion
Grants to each of the eight institutions in ...
Law Library Self-Help Center - How has it fared? - Gary R. SyphusHow much does $275,000 buy? For the Courts Self-Help Center, it buys service for estimated 16,000 p...
State Economic Development Incentives - Andrea WilkoThe Governor's Office of Economic Development (GOED) utilizes
several incentives to encourage busin...
State Medicaid Costs $17.5 m Less than Expected in FY 2014 - Russell T. FrandsenState General Fund costs for the Medicaid program
will be $17.5 million lower than appropriated in ...
State-Local Partnership - Receiving Centers and Youth Services - Zackery N. KingThe lawmakers have passed legislation and made appropriations in the last two general sessions to s...
States Pivot Towards Tax Burden Reductions - Thomas E. YoungWith the economic recovery now approaching five years, states, on the net, are starting to look for...
Utah College of Applied Technology - High Demand Programs - Angela J. OhThe eight regional campuses of the Utah College of Applied
Technology (UCAT) provide nearly 300 pro...
Variety of Options for the State Fairpark Explored in a Land Use Study - Ivan D. DjambovThe Utah state fair was
established in 1902 and is currently run by the Utah State Fair Corporation...
Reports/Archive
| Budget Process | Office
Background | Who's Who | Organization Chart
Office of the Legislative
Fiscal Analyst
House Building, Suite W310
Salt Lake City, UT 84114
Phone (801) 538-1034 Fax (801) 538-1692
