The Utah Legislature concluded its 2025 General Session with a budget of $30.8 billion for fiscal year 2026. The budget includes $12.7 billion from state funds (General Fund, Income Tax Fund, and Uniform School Fund).
Top legislative budget priorities included state fund investments in:
- Tax Relief – $103.3 million ongoing and $22.6 million one-time for an income tax rate cut from 4.55 percent to 4.50 percent, $2.0 million for a new nonrefundable tax credit for child care centers, and $4.1 million for expansion of the nonrefundable child tax credit; $24.1 million ongoing and ($1.3 million) one-time for expansion of the Social Security Benefits Income Tax Credit; and $16 million ongoing and ($13 million) one-time for single sales factor apportionment of financial institutions;
- Public Education – $178.6 million to increase the WPU Value by 4.0% to $4,674 for FY 2026, up from $4,494 in FY 2025. $47.4 million for the Educator Salary Adjustment, $45.2 million for the Educator Support Professional Bonus, and $471.6 million in one-time projects from the Public Education Economic Stabilization Restricted Account.
- Higher Education – $20.0 million ongoing for performance funding, $4.7 million ongoing and $5.0 million one-time for technical colleges’ growth and equipment; $5.5 million ongoing for a St. George Campus of the University of Utah’s Medical School; $58.5 million ongoing and $55 million one-time for new building construction;
- Affordable Housing – $20.0 million for First Time Home Buyer Program and $2.0 million for Shared Equity Revolving Loan Program;
- Homelessness – $1.9 million ongoing for a non-congregate family shelter and $5.5 million to support emergency winter and summer response throughout the state; and
- State Employee Compensation – $136.8 million ongoing in FY 26 and $19 million one-time in FY25 for a 2.5% salary increase for state and higher education employees, a 1% pay-for-performance bonus for state employees, and funding for retirement, long-term disability, leave pool, and health benefit rate changes.
As required by the Utah Constitution, legislators balanced the budget to projections of available revenue.
This document lists the most significant budget actions according to appropriations subcommittee: Spending Summary.
There are a number of resources available for the public and legislators to understand more about Fiscal Year 2025 and 2026 funding:
Budget Quick Facts – A pocket-sized guide to the budget.
DataViz – An interactive graphical representation of the budget. View the budget by sources, uses, and new money. Click a bubble to see how that item has changed over time, and in what bills it changed. Search for budget requests and find where it exists in appropriations bills.
Compendium of Budget Information (COBI) – A complete guide to the Utah State budget. Find budget requests on the Issues tab, and Line item/program budgets on the Financials tab.