"New Mexico State Budget"

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The fiscal year for the State of Utah is determined by the Utah State Legislature. The current 2009 fiscal year for the State of Utah is from July 1, 2008 to June 30, 2009.[1] The Utah state budget, according to Governor Jon M. Huntsman during a press conference on January 16, "can be balanced without a federal stimulus package."[2] Governor Huntsman cited Utah's AAA bond rating and $420 million dollar rainy day fund as positive points for Utah's economy; however, while Utah is not reliant upon the federal stimulus package to balance the state's budget, Utah will benefit from the additional federal funds for projects throughout the state. [3]


[edit] The 2009 Deficit

  • The funding allocated for the State of Utah by the federal stimulus package will be used to balance both the fiscal year 2009 budget and the fiscal year 2010 budget.[4]
  • The fiscal year 2009 budget has an estimated additional loss of $171 million in tax revenues with a projected $320 million more in tax revenue loss for the fiscal year 2010 budget beginning on July 1, 2009.[5]
  • Money from the federal stimulus package will be used to "backfill" the $171 million shortfall in the fiscal year 2009 budget. Senate Majority Whip Scott Jenkins, R-Plain City, stated that "We thought it was a dang good one. They wanted to reopen the budget and see if more cuts could be made. The problem is, we've run out of time." Governor Huntsman, Jr. supported the state legislature in this "backfill" measure.[6]

[edit] Charts on Spending

[edit] Budget figures, 2000-2009


John Chiang, State Comptroller speaks on
budget crisis

The following table provides a history for California's budgeted and actual expenditures from the General Fund.

Fiscal Year General Fund Budgeted General Fund Actual Change (%)
2000-2001 $78,815,938,057[7] $78,052,900,000[8] n/a
2001-2002 $78,763,416,398[9] $76,751,700,000[8] (2)%
2002-2003 $76,721,738,911[10] $77,482,100,000[8] 1%
2003-2004 $71,136,964,450[11] $78,345,200,000[8] 1%
2004-2005 $78,681,001,033[12] $79,804,000,000[8] 2%
2005-2006 $90,025,959,859[13] $91,591,500,000[8] 15%
2006-2007 $101,260,997,500[14] $101,413,000,000[8] 11%
2007-2008 $102,258,193,000[15] n/a* n/a
2008-2009 $103,400,760,000[16] n/a* n/a

*Actual expenditure data is not yet available for Fiscal Years 2007 and 2008.

[edit] Causes of Budget Problems

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[edit] Proposed Solutions

[edit] Republicans

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[edit] Democrats

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[edit] Rainy Day Fund

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[edit] Federal Stimulus Package for Utah

  • In December 2008, Gov. Jon Huntsman, Jr. (R) pressed for a $1 billion reduction from the $10.6 billion state budget in an effort to increase the probability for funding from the federal stimulus package.[17]
  • The State of Utah has 298 statewide projects[18] totaling $1,698,190,678 in requests from the federal stimulus package for the following cities in Utah: Brigham City, Herriman, Holladay, Murray, Orem, Provo, Salem, Salt Lake City, Sandy City, Taylorsville, and West Jordan.[19]

[edit] Transparency evaluations

The following table is helpful in evaluating the level of transparency provided by a state spending and transparency database; Utah has no such database but this chart can be helpful in providing guidelines for what to include in such a database, should the state legislature agree to create one.

Criteria for evaluating spending databases
State DatabaseSearchabilityGrantsContractsLine Item ExpendituresDept/Agency BudgetsPublic Employee SalaryExemption Level
Nonen/an/an/an/an/an/an/a

[edit] External links

[edit] Budget links

[edit] References

  1. ↑ UTAH GOV, "DEQ Fee Schedules by Fiscal Year", July 2007
  2. ↑ Utah NOW, "Governor's Monthly News Conference", January 16, 2009
  3. ↑ Utah NOW, "Governor's Monthly News Conference", January 16, 2009
  4. ↑ Deseret News, "Utah's Budget to get a bailout", February 18, 2009
  5. ↑ Deseret News, "Utah's Budget to get a bailout", February 18, 2009
  6. ↑ Deseret News, "Utah's Budget to get a bailout", February 18, 2009
  7. ↑ 2000-2001 Final Budget Summary
  8. ↑ 8.0 8.1 8.2 8.3 8.4 8.5 8.6 Historical Data; Actual Budget Expenditures
  9. ↑ 2001-2002 Final Budget Summary
  10. ↑ 2002-2003 Final Budget Summary
  11. ↑ 2003-2004 Final Budget Summary
  12. ↑ 2004-2005 Final Budget Summary
  13. ↑ 2005-2006 Final Budget Summary
  14. ↑ 2006-2007 Final Budget Summary
  15. ↑ 2007-2008 Final Budget Summary
  16. ↑ 2008-2009 Final Budget Summary
  17. ↑ Tax Policy Foundation, "State Budgets: Utah Cuts Spending, Hopes for Stimulus Money", December 26, 2008
  18. ↑ Stimulus Watch: Keeping an Eye on Economic Recovery Spending, "Find projects by state or territory", 2009
  19. ↑ Stimulus Watch: Keeping an Eye on Economic Recovery Spending, "Projects in Utah", 2009

[edit] Additional reading

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