All Budget Highlights Posts
Revitalized Cultural and Event Grant Programs Bestow FY 2023 Awards
During the 2022 General Session, the Legislature established a series of grant programs targeting arts, heritage, culture, events, and economic development. To accomplish their goals,...
September 23, 2022
LFA Releases the 2022 Funding Item Follow Up Report
In each legislative session, the Legislature appropriates new funding for specific purposes to better serve residents of Utah. In 2021, the Legislature codified the practice...
September 20, 2022
If You Build It, They Will Come: Improved Security, Rehabilitation, and Economic Benefits of Prison Relocation
In July of 2022, Utah’s new state correctional facility opened in Salt Lake City. At a total price tag of just over $1 billion, the...
September 12, 2022
Inflation Reduction, What’s Your Function?
On August 16, 2022, President Biden signed into law the Inflation Reduction Act (IRA). The bill invests $400 billion in energy security, climate change, drought...
August 26, 2022
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