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Updates From Governor Office

Wednesday, December 13, 2017 - 12:00pm

 

Gov. Herbert to hold rural media conference call to discuss budget proposal

 

What: Gov. Gary R. Herbert will hold media access for rural reporters via conference call. The governor will take questions following the unveiling of his recommendations for the upcoming budget cycle, fiscal year 2019.

 

Who:

Gov. Gary R. Herbert

 

When:

Wed., Dec. 13, 2017 at 3:00 p.m.

 

Where:

Call 1-720-279-0026. Enter the Participant Passcode: 523296#

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Gov. Herbert to announce fiscal year 2019 budget recommendations

 

What:

Gov. Gary R. Herbert will unveil his budget proposal for fiscal year 2019.

 

Where:

Davis Technical College

Barlow Building

550 E 300 S

Kaysville, UT 84037

 

When:

Wed., Dec. 13, 2017 at 10:00 a.m.

10:00 a.m. Gov. Herbert will unveil his budget proposal

10:30 a.m. B-roll opportunity, Gov. Herbert will tour the Barlow Technology Building

 

Who:

Gov. Gary R. Herbert

 

Governor’s senior staff and budget staff

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Gov. Herbert and Utah Legislature announce consensus revenue estimates for upcoming legislative session

 

SALT LAKE CITY (Dec. 12, 2017) – Gov. Herbert and the Utah Legislature jointly announce new consensus revenue estimates for the State of Utah for the coming legislative session.

 

After about $35 million in transfers to various rainy day accounts and $60 million in earmarked funds, an estimated $382.4 million in new ongoing and $101.6 million in new one-time General Fund and Education Fund revenues will be available for appropriation in the 2018 legislative session.  

 

The Governor's budget recommendations will be released tomorrow (Wed., Dec. 13, 2017).

 

"Utah's continued economic growth provides the revenues that will allow the State of Utah to make critical investments in our long-term future, including education," said Gov. Herbert.

 

“A reliable state budget depends on a reasonable, conservative budget forecast," said Senate President Wayne Niederhauser. "These consensus figures are encouraging and good news for our economy, but we must continue to be conservative when examining the entire budget to ensure we find the correct fiscal balance.”

 

 

“This revenue and economic forecast illustrates that Utah’s economy continues to thrive,” said Speaker Greg Hughes. "While these numbers are encouraging, we must continue our measured approach as we put together the state budget that addresses critical needs of this great state. We have some of the best legislative economists in the nation and I appreciate the hours they spent working on this forecast.”