Utah state budget (2012-2013): Difference between revisions
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{{tnr}}Lawmakers approved the $12.81 billion [[Utah]] state budget on March 8, 2012. | {{Archive budget timestamp|Year=2013}}{{tnr}}Lawmakers approved the $12.81 billion [[Utah]] state budget on March 8, 2012.<ref name=quiet>[http://www.heraldextra.com/news/state-and-regional/govt-and-politics/mostly-quiet-legislative-session-concludes/article_080f40f8-469d-5006-9397-833e31ccaaed.html ''The Daily Herald'', "Mostly quiet Legislative session concludes," March 9, 2012]</ref> It increased spending from the prior year by approximately $440 million.<ref name=grows>[http://www.sltrib.com/sltrib/politics/53677563-90/state-budget-health-million.html.csp ''The Salt Lake Tribune'', "Budget grows as state shakes off recession," March 9, 2012]</ref> State revenues were projected to increase by more than $360 million.<ref name=quiet/> | ||
The budget | The budget did not raise taxes.<ref name=quiet/> | ||
The total state debt | The total state debt would drop about $130 million under the plan. Still, the state had about $1,200 in debt for every state resident.<ref name=grows/> | ||
Highlights of the budget | Highlights of the budget included: | ||
* | *A one percent raise for state employees, including higher education employees, and lawmakers set aside money for school districts to give K-12 teachers one percent raises;<ref name=quiet/> | ||
*$87 million more funds than | *$87 million more funds than fiscal year 2012 for Medicaid to address the increase of residents enrolling in the program; and<ref name=grows/> | ||
*$110 million in new funds for public education, including the $41 million the governor requested to cover an enrollment increase of 12,500 students.<ref name=grows/> | *$110 million in new funds for public education, including the $41 million the governor requested to cover an enrollment increase of 12,500 students.<ref name=grows/> | ||
Of the total budget funds, 27 percent | Of the total budget funds, 27 percent came from the federal government. | ||
Early in | Early in fiscal year 2013, officials spent $50 million fighting wildfires, $16 million of expenses paid for by the state. The budget allocated only $3 million for that expense.<ref>[http://www.denverpost.com/nationworld/ci_21377777/wildfires-burning-through-some-states-budgets ''The Denver Post'', "Costs of big wildfire season hurting some states," August 23, 2012]</ref> | ||
==Governor's proposed budget== | |||
On December 12, 2011, [[Gary R. Herbert|Gov. Gary Herbert]] released his proposed fiscal year 2013 budget of $12.9 billion.<ref name=unveils>[http://www.businessweek.com/ap/financialnews/D9RJ6M480.htm ''Businessweek'', "Utah governor unveils $12.9B budget proposal," December 12, 2011]</ref> Highlights of the proposed budget included: | |||
On | *$2.5 billion would go to K-12 public education with $111 million in new funding, including $41 million to help cover an enrollment increase of 12,500 students during the next school year; and | ||
* $2.5 billion would go to K-12 public education with $111 million in new funding, including $41 million to help cover an enrollment increase of 12,500 students during the next school year; | |||
*$93 million more in higher education funding.<ref name=unveils/> | *$93 million more in higher education funding.<ref name=unveils/> | ||
The budget | The budget spent $160 million more than fiscal year 2012 on Medicaid, with enrollment in the program expected to grow by 39,000 individuals.<ref name=unveils/> | ||
A budget summary released by Herbert | A budget summary released by Herbert showed that state revenues were climbing to $5 billion from a low of $4.2 billion two years prior. The plan did not include any tax increases.<ref name=unveils/> The governor asked lawmakers to cut unemployment insurance tax rates for the state’s 85,000 employers, “and allow them to create more jobs and hire more people.”<Ref>[http://www.businessweek.com/news/2012-01-31/governors-seeking-jobs-offer-tax-breaks-as-budget-woes-ease.html ''Businessweek'', "Governors Seeking Jobs Offer Tax Breaks as Budget Woes Ease," January 31, 2012]</ref> | ||
Lawmakers | Lawmakers were expected to discuss the governor's proposed budget when the legislative session opened on January 23, 2012.<ref name=unveils/> | ||
== | ==Footnotes== | ||
{{reflist | {{reflist}} | ||
{{State budgets}} | {{State budgets}} | ||
Latest revision as of 13:40, 10 March 2017
| Note: This article was last updated in 2013. Click here for more recent information on state budgets and finances. |
Lawmakers approved the $12.81 billion Utah state budget on March 8, 2012.[1] It increased spending from the prior year by approximately $440 million.[2] State revenues were projected to increase by more than $360 million.[1]
The budget did not raise taxes.[1]
The total state debt would drop about $130 million under the plan. Still, the state had about $1,200 in debt for every state resident.[2]
Highlights of the budget included:
- A one percent raise for state employees, including higher education employees, and lawmakers set aside money for school districts to give K-12 teachers one percent raises;[1]
- $87 million more funds than fiscal year 2012 for Medicaid to address the increase of residents enrolling in the program; and[2]
- $110 million in new funds for public education, including the $41 million the governor requested to cover an enrollment increase of 12,500 students.[2]
Of the total budget funds, 27 percent came from the federal government.
Early in fiscal year 2013, officials spent $50 million fighting wildfires, $16 million of expenses paid for by the state. The budget allocated only $3 million for that expense.[3]
Governor's proposed budget
On December 12, 2011, Gov. Gary Herbert released his proposed fiscal year 2013 budget of $12.9 billion.[4] Highlights of the proposed budget included:
- $2.5 billion would go to K-12 public education with $111 million in new funding, including $41 million to help cover an enrollment increase of 12,500 students during the next school year; and
- $93 million more in higher education funding.[4]
The budget spent $160 million more than fiscal year 2012 on Medicaid, with enrollment in the program expected to grow by 39,000 individuals.[4]
A budget summary released by Herbert showed that state revenues were climbing to $5 billion from a low of $4.2 billion two years prior. The plan did not include any tax increases.[4] The governor asked lawmakers to cut unemployment insurance tax rates for the state’s 85,000 employers, “and allow them to create more jobs and hire more people.”[5]
Lawmakers were expected to discuss the governor's proposed budget when the legislative session opened on January 23, 2012.[4]
Footnotes
- ↑ 1.0 1.1 1.2 1.3 The Daily Herald, "Mostly quiet Legislative session concludes," March 9, 2012
- ↑ 2.0 2.1 2.2 2.3 The Salt Lake Tribune, "Budget grows as state shakes off recession," March 9, 2012
- ↑ The Denver Post, "Costs of big wildfire season hurting some states," August 23, 2012
- ↑ 4.0 4.1 4.2 4.3 4.4 Businessweek, "Utah governor unveils $12.9B budget proposal," December 12, 2011
- ↑ Businessweek, "Governors Seeking Jobs Offer Tax Breaks as Budget Woes Ease," January 31, 2012
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