All Budget Highlights Posts
Informed Investments – A Renewed Emphasis on Optimization and Results
You've heard this one before. An agency or advocate comes to the Legislature for money: Advocate - "We need money." Legislature - "How much do...
August 12, 2022
Joining Forces: the New Department of Health and Human Services
Earlier this month, the Utah Department of Health (UDOH) and Department of Human Services (DHS) officially became the Utah Department of Health and Human Services....
July 29, 2022
Revenues Strong but Tempering as Fiscal Year 2022 Comes to a Close
On Thursday, July 14th the Tax Commission released their preliminary figures for year-end, Fiscal Year (FY) 2022. The Revenue Summary (TC-23) report indicates that total...
July 15, 2022
What’s Debt Got to Do With It? A Look at General Obligation Bonds
Last week, Legislative leaders alongside the Governor and others participated in a ribbon-cutting ceremony to unveil the new state prison. The new prison provides a...
July 1, 2022
Income Tax Finally Comparable with Delayed Filings
On Wednesday, June 15th the Tax Commission released the TC-23 Revenue Summary Report for 11 months of FY 2022. This report, coupled with the Revenue...
June 15, 2022
Ensuring the Public Trust: a Summary of the Accountable Budget Process
Each year, more than 80 percent of Utah’s General and Education Fund (GF/EF) budget rolls-forward into the next budget year’s base. By legislative rule, in...
June 10, 2022
How Will the Infrastructure Investment and Jobs Act Impact Utah?
In November of last year, Congress passed, and the President signed, the bi-partisan Infrastructure Investment and Jobs Act (IIJA). Unlike other pandemic stimulus efforts (such...
June 3, 2022
May Executive Appropriations Committee Recap
During the May meeting of the Executive Appropriations Committee, the Office of the Legislative Fiscal Analyst released several annual products and reports; including the Budget...
May 27, 2022
2021 Filing Delay Interferes with Revenue Comparisons
On Monday, May 16th, 2022, the Tax Commission released its monthly TC-23 Revenue Summary Report jointly with the monthly Revenue Snapshot produced by the Legislative...
May 18, 2022
How We Used Flexible Federal ARPA Dollars
In response to the COVID-19 pandemic, the Federal government provided states with three large stimulus packages partially aimed at mitigating impacts on the economy. The...
May 13, 2022
A Changing Landscape: the Utah Legislature Addresses Drought and Water Conservation
In response to the abnormally dry conditions statewide1, and armed with Federal funding from the American Rescue Plan Act (ARPA) as well as surplus revenues...
May 6, 2022
Retaining Talent in A Tight Labor Market
Utah’s unemployment rate in the first quarter of calendar year 2022 was 2 percent - the lowest in the nation. Recognizing this fact, policymakers prioritized...
April 29, 2022