State leaders release revised FY2019 revenue numbers
SALT LAKE CITY (Feb. 21, 2018) – Gov. Herbert and the Utah Legislature jointly announce new consensus revenue estimates for the State of Utah for the 2018 legislative session.
The new consensus estimates project a total of $508 million in new ongoing General Fund and Education Fund revenues, $126 million higher than the December 2017 estimates. In addition, consensus estimates project new one-time funds of $184 million for one-time appropriations, $83 million higher than December 2017 estimates.
“The revised revenue numbers released today show the strength of Utah’s economy.” Gov. Herbert said. “This consistent growth provides us with the opportunity to make much-needed investments in education, an issue that is a top priority for both my administration and Utah’s Legislature.”
"A reliable state budget depends on a reasonable, conservative budget forecast," said Senate President Wayne Niederhauser. "These consensus figures are encouraging and reflect our growing economy, but we must continue to be conservative when finalizing the entire budget to ensure we find the correct fiscal balance."
“The revised revenue numbers demonstrate that Utah is thriving due to our strong economy,” said Speaker Greg Hughes. “As we finalize the budget, the Utah Legislature will maintain our long-standing commitment to education funding while remaining fiscally conservative.”
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Notes:
1. The most recent state revenue estimates may be found here.
2. For additional comments from the Legislature, contact Aundrea Peterson (House of Representatives), 801-791-3365, or Bryan Smith (Senate), 801-691-2939.
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This is a reminder that the shaping of Ogden’s bus rapid transit corridor (BRT) gets underway tonight, Thursday, February 22, at an interactive, public workshop hosted by Ogden City and UTA. Ogden Onboard, a partnership between the agencies and local partners is hosting the workshop to gather the public’s ideas and visions for the future of the corridor. The workshop begins at 6:00 pm and will be held at James Madison Elementary School. All are welcome to attend.
The goal of Ogden Onboard is to create an environment where housing is accessible and affordable, and where everyone can walk or ride safely to the park, to school, work or shopping without getting in a car.
This is a family friendly event and Spanish language translation is available. Learn more at ogdenonboard.com
Registration details are available here. Please feel free to share the registration link on relevant social media channels.
What: Ogden Onboard public workshop
When: Thursday, February 22
6:00-8:00 p.m.
Workshop starts promptly at 6:00 pm
Where: James Madison Elementary School
Who: Representatives from Ogden City, UTA and the project team
Media Contact: Stacee Adams, Public Involvement Manager
Somers-Jaramillo and Associates
MIKE MCBRIDE
Marketing & Communications
phone: 801.629.8988
2549 Washington Blvd. Ste 822, Ogden, Utah 84401
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