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Legislature and Governor’s Office release updated budget estimates - Utah Policy

Summary by utahpolicy.com
Utah continues to lead the nation in economic strength and fiscal responsibility, ranking as the best state overall for two years in a row and maintaining the top economic outlook for 17 consecutive years. This success reflects the state’s sound, fiscally conservative policies and strategic planning that have guided its growth. The Utah State Legislature and Governor’s Office revised revenue numbers for fiscal year (FY) 2025-26 show Utah’s econo…

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Utah News DispatchUtah News Dispatch

A ‘down’ budget forecast: Utah faces negative revenue estimates, but Republicans still eye tax cuts

People gather outside the House chamber at the Capitol in Salt Lake City on Thursday, Feb. 6, 2025. (Photo by Spenser Heaps for Utah News Dispatch)Utah lawmakers will have even less money to spend during the remainder of their 2025 legislative session than they’d originally projected, leaving no additional money left to be spent on new priorities.  And yet Republican legislative leaders are still eager to cut taxes in some way for a fifth year i…

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utahpolicy.comutahpolicy.com

Legislature and Governor’s Office release updated budget estimates - Utah Policy

Utah continues to lead the nation in economic strength and fiscal responsibility, ranking as the best state overall for two years in a row and maintaining the top economic outlook for 17 consecutive years. This success reflects the state’s sound, fiscally conservative policies and strategic planning that have guided its growth. The Utah State Legislature and Governor’s Office revised revenue numbers for fiscal year (FY) 2025-26 show Utah’s econo…

Read Full Article
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Utah News Dispatch broke the news in on Thursday, February 20, 2025.
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