May 2021 Archive

On May 14th, the Legislative Fiscal Analyst and Governor’s Office of Planning and Budget released their Revenue Snapshot summary, based on the Tax Commission’s TC-23 revenue summary for May of 2021. Growth to all state funds slightly exceeded projections, posting a 28.3% growth rate through 10 months of the Fiscal Year (FY). From all sources, […]

On Monday, May 10th, 2021 the United States Treasury released additional guidance related to the American Rescue Plan Act (ARPA). While there are still many unknowns, we now know: 1. Utah will receive its state allocation in two 50 percent tranches, with half arriving this May and the remaining in May 2022. 2. Which industries […]