Blog Roll (Default)

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 related to the COVID-19 pandemic. In July, the Treasury updated guidance to clarify permissible uses of funding. As promised, the Legislative Fiscal Analyst has released a supplement to their initial […]

Picture of Utah Mormon Battalion Monument

A Sharp Drop in Gross Paids Headlines the Revenue Picture through 6 Months of 2019

The Tax Commission released their 6th month TC-23 on January 22nd.  We are halfway through the fiscal year.  Through the first 6 months, the state has collected about 45% of the current revenue collection forecast.  Typically, at this point in the year, the state would have collected between 46% and 51% to reach target. The […]