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Appropriations chair announces $25.94 million in new revenues; lawmakers press on sustainability
Summary
Appropriations Chair Representative Alexander presented updated revenue numbers showing $37,768,500 in one-time 2000 adjustments and an $11,826,500 reduction in ongoing 2001 revenue, producing $25,942,000 in net new revenues; lawmakers questioned how much is ongoing and potential causes of softness.
Appropriations Chair Representative Alexander told the Utah House that updated fiscal analyses released the previous evening show a mix of one-time and ongoing revenue changes, leaving lawmakers to weigh how much of the increase can support recurring commitments.
What the chair reported Alexander distributed a handout and said the adjustments include a one-time 2000 revenue boost of $37,768,500 and a reduction in ongoing 2001 revenues of…
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