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Committee accepts Budget of the State of Utah; staff report shows $30.8 billion budget, buffers used and recommendation to restore reserves
Summary
The Executive Appropriations Committee accepted the Budget of the State of Utah report and adopted May 2025 revenue estimates; staff highlighted one-time and ongoing choices in the budget, use of reserve buffers and a recommendation to prioritize restoring reserves if revenue allows.
The Executive Appropriations Committee on May 20 accepted the annual Budget of the State of Utah (BOTSU) report and adopted May 2025 revenue estimates. Presenters told the committee the state's fiscal picture shows a $30.8 billion budget with federal funds comprising the largest share and discretionary state funds concentrated in public and higher education.
Mr. Ball, presenting a fiscal update and the BOTSU materials, said the office has prepared a slide deck and a public report that documents the changes made during the legislative session and can be used by members for constituent presentations. "This is really 2…
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