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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

Rainy Days in Sight? Sunny Collections for All Major Tax Types, but Clouds Loom

On April 13th, the Utah Tax Commission, Legislative Fiscal Analyst (LFA), and Governor’s Office of Planning and Budget (GOPB) released the TC-23 Revenue Summary Report...
April 15, 2022

Homelessness and Housing Affordability Investments from the 2022 General Session

Affordable Housing versus Homelessness Housing can be thought of on a continuum as shown below, divided between strategies for homelessness on the left and strategies...
March 31, 2022

2022 General Session Updates to Arts, Heritage, and Economic Development Grants

During the 2022 General Session, legislators embarked upon a new approach to grant funding for arts, heritage, culture, events, and economic development. They attempted to...
March 17, 2022

Spring Brings Strong Forecasts and Updated Collections

Monday, March 14th, the Tax Commission released its Revenue Summary report (TC-23) concurrent with the monthly Revenue Snapshot produced by the Legislative Fiscal Analyst (LFA)...
March 14, 2022

Robust Revenues Continue into the 2022 General Session

On Tuesday, January 18th, the 2022 General Session kicks off at the Utah State Capitol. For the following 45 days, lawmakers will consider new legislation...
January 15, 2022

Tax Commission Annual Report Details Historic Year for Revenues

On December 30th, the Utah State Tax Commission released their Annual Report for Fiscal Year 2021. From July 2020 to June 2021, the state of...
January 5, 2022

Legislative and Executive Branches Announce Joint Plan for Performance Initiatives

On December 7th, staff from the Office of the Legislative Fiscal Analyst (LFA) and Governor’s Office of Planning and Budget (GOPB) released a plan for...
December 21, 2021

Utah’s Revenue Comparisons Muddled by Federal Intervention

Federal Stimulus Likely Behind FY 2021 Yearend Figures This month the Legislative Fiscal Analyst (LFA) and the Governor’s Office of Planning and Budget (GOPB) released...
October 29, 2021

Updated Guidance for the American Rescue Plan Act, in Context for Utah

In March, Congress passed the American Rescue Plan Act (ARPA), which was the third tranche of fiscal stimulus aimed to address revenue and policy issues...
September 14, 2021

Federal Intervention Drives Unpredicted Growth in Preliminary FY 2021 Year-End Tax Collections

According to the Utah State Tax Commission’s preliminary 2021 fiscal year-end TC-23 revenue summary and an accompanying Revenue Snapshot from the Office of the Legislative...
July 13, 2021