Utah state budget (2010-2011)

Note: This article was last updated in 2011. Click here for more recent information on state budgets and finances.

Find the state’s FY2011 Comprehensive Annual Financial Report (CAFR) compiled by the state government online.

Utah had total state debt of $9,254,242,020 when calculated by adding the total of outstanding debt, pension and OPEB UAAL’s, unemployment trust funds and the 2010 budget gap as of July 2010.

2011 State spending & deficit in billions

Total spending	Healthcare	Education	Protection	Transport	Other
$4.8	$.36	$3	$.39	$0.003	$1

2011 Local spending & deficit in billions

Total spending	Pension	Healthcare	Education	Welfare	Protection	Transport	Deficit
$14.9	$0	$0.3	$4.3	$0.3	$1.1	$1.2	$16.2

Budget background

See also: Utah state budget and finances

Utah's fiscal year begins July 1 and ends June 30 of the following year. Every year the state's agencies submit budget requests along with past expenditures and allocations. Usually by December the Governor develops a budget recommendation which was then delivered to the Legislature. Following a series of hearings and discussions the Senate and the House make any necessary changes before approving the final bill. Once the appropriations bills are debated and the Legislature passes them the bills are signed by the Governor.

By law, the Governor, within three days after the convening of the Legislature in the annual general session, submits a budget for the ensuing fiscal year. However, at least 34 days before the submission of any budget, the Governor delivers a confidential draft copy of his proposed budget recommendations.

John Nixon was Executive Director of the Utah Governor's Office of Planning and Budget (GOPB). The Budget section provides budgetary analyses, reviews program plans and budget details, and prepares budget detail for the annual Governor's Budget Recommendation to the Utah State Legislature. At the conclusion of each general session, analysts summarize appropriations and monitor expenditures throughout the year.

Budget figures

The following table provides a history of Utah's expenditures and gross domestic product (GDP).

Fiscal Year	Expenditures (billions)	GDP (billions)
2000	$13.0	$67.6
2001	$14.3	$70.1
2002	$15.5	$72.7
2003	$16.1	$75.4
2004	$16.7	$80.9
2005	$17.3	$88.9
2006	$18.5	$98.0
2007	$19.9	$105.7
2008	$21.3	$114.0
2009	$22.8*	$122.9*

• NOTE: The figures for FY 2009 were not finalized until the end of the fiscal year.
• See Utah state budget (2008-2009) for more information.

Accounting principles

The Utah Office of the State Auditor was responsible for state and local audits. The Financial Audit Division was responsible for auditing all state departments, agencies, and colleges and universities. The Local Government Division ensures uniform accounting, budgeting, and financial reporting by Utah's local governments. Audit reports for FY2010 and two prior years were available online. Auston Johnson had been State Auditor since July 1995 and was re-elected for a four-year term starting January 1, 2009.

Kimberly K. Hood was Executive Director of the DAS, and John Reidhead was the Director of the Division of Finance, Utah's chief fiscal officer, and responsible for exercising accounting control over state departments and agencies except for institutions of higher education. DAF responsibilities include:

• Procedures for the approval and allocation of funds
• Accounting control over fund assets
• Approval of proposed expenditures

The Department of Administrative Services (DAS) was created by the Forty-fourth Legislature in March 1981 with passage of the Administrative Services Act. This action was a result of an organizational study of state administrative services by the Governor's Committee on Executive Reorganization (Agency #357).

Credit Rating	Fitch	Moody's	S&P
Utah	AAA	Aaa	AAA

See also

Utah state budget and finances