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Utah House updates revenue estimates, reports $144M one-time and $253M ongoing in new funds
Summary
Rep. Brown told the House that legislative analysts revised consensus revenue numbers: $11 million more one-time and $47 million more ongoing revenue at the statewide level, with education funds showing $18 million one-time and $52 million ongoing; the package leaves $144 million newly available one-time and $253 million newly available ongoing.
Representative Brown announced revised revenue estimates after the legislative fiscal analysts met with the governor's office and the State Tax Commission. He said one-time revenue was revised up $11,000,000 and ongoing revenue up $47,000,000. He added that the general fund was revised down slightly…
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