All Budget Highlights Posts

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

Lanes, Trains and Automobiles: A Closer Look at General Fund Investments in Transportation

In the last two budget cycles, Utah policymakers have invested more than $2.1 billion from the General Fund in transit, rail, road and trail projects....
April 22, 2022