June 2019 Archive
Strong Income Tax Lifts State Revenue Collections Despite Declining Growth Rates
Combined General and Education Fund revenue collections for the current fiscal year (2019) totaled $6.9 billion through the first eleven months. That represents year-over-year growth of 7.0%, exceeding the current revenue target of 5.7%. This despite a slight decrease in the growth rate compared to April. Collections for the General Fund, however, fall short of […]
Local Governments Address Long-Term Fiscal Stability Amid Population Growth
Utah’s population grew nearly 15% this decade, ranking No. 1 in the nation.1 By 2060, Utah’s population is projected to nearly double. The dramatic growth is a cause for concern for local governments across the state as communities address the fiscal challenges and quality of life for existing residents. The Utah Foundation recently published the […]