July 2023 Archive

In addition to their base budget, Utah’s sixteen higher education institutions have the potential to increase annual funding in aggregate by $35 million beginning in FY 2025 if they meet certain performance goals set by the Board of Higher Education (board). The amount of performance funding is variable from year-to-year, and is defined in statute […]

On Thursday, July 13, the Tax Commission released its preliminary year-end Revenue Summary report detailing collections through 12 months of the fiscal year. Simultaneously, the Legislative Fiscal Analyst and Governor’s Office of Planning and Budget produced their monthly Revenue Snapshot which compares collected revenue to the consensus forecast. As of July 10th, revenue to all […]