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Utah Geological Survey reports budget gap; agency seeks limited use of restricted funds to cover shortfall
Summary
UGS staff reported a mid‑year forecast shortfall tied to volatile mineral lease revenue and state pay-for-performance costs. The agency said it will request legislative authority to spend up to $700,000 from its restricted account and described other internal measures to reduce spending.
The Utah Geological Survey told its board on Jan. 15 that a combination of lower-than-expected mineral lease revenue and state pay-for-performance obligations left the agency facing a fiscal shortfall for the current year.
UGS staff said the agency expects to ask the Legislature this session for permission to spend up to $700,000 from a UGS-restricted account to cover the gap and smooth its operating budget. That restricted account was created under Senate Bill 133 (2021) and contains mineral lease and severance-tax receipts set aside for UGS use.
Budget details and drivers: UGS presented a mid-year forecast showing a…
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