Utah Code Title 53F. Public Education System--Funding § 53F-2-703. Charter school levy

(a) “Charter School Levy Account” means the Charter School Levy Account created in Section 53F-9-301.

(b) “Charter school levy per district revenues” means the product of:

(c) “Charter school levy per pupil revenues” means an amount equal to the following:

(d) “Charter school levy revenues” means the charter school levy revenues generated by a charter school levy rate described in Subsection (2)(b)(i).

(e) “Charter school levy total local revenues” means the sum of charter school levy per district revenues for every school district in the state for the same given fiscal year.

(f) “District per pupil local revenues” means the same as that term is defined in Section 53F-2-704.

(g) “Resident student” means the same as that term is defined in Section 53F-2-704.

(2)(a) Beginning with the taxable year beginning on January 1, 2017, the state shall annually impose a charter school levy as described in this Subsection (2).

(c) The charter school levy shall be separately stated on a tax notice.

(3)(a) A county treasurer shall collect the charter school levy revenues for all school districts located within the county treasurer's county and remit the money monthly to the state treasurer.

(b) The state treasurer shall deposit the charter school levy revenues received from a county treasurer into the Charter School Levy Account.

(4)(a) For each charter school student, the state board shall distribute the charter school per pupil levy revenues from the Charter School Levy Account to the student's charter school in accordance with this Subsection (4).

(b) For a given fiscal year, if the actual charter school levy total local revenues are more than the estimated charter school levy total local revenues the state board shall:

(c) For a given fiscal year, if the actual charter school total local revenues are less than the estimated charter school levy total local revenues, the state board shall: