All Budget Highlights Posts
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
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