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State finance officials show solid reserves and debut a daily revenue‑tracking tool
Summary
Division of Finance reported FY25 surpluses and strong bond ratings; LFA demonstrated a new revenue‑tracking application that uses daily collections to add context to monthly revenue snapshots and will be distributed to legislators via secure link and email.
State finance officials told the Executive Appropriations Committee that Utah’s fiscal position remains strong and the Legislative Fiscal Analyst Office unveiled a new daily revenue‑tracking application intended to give lawmakers higher‑frequency context for revenue forecasts.
Van Christensen, director of the Division of Finance, presented a two‑page financial summary and said the state closed FY25 with a…
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