Citizen Portal
Sign In

Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

Senate fiscal office reports improved revenue estimates but warns against spending one-time funds

Utah State Senate · February 17, 2004
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Sen. Blackham announced a consensus revenue estimate raising one-time revenues by $42 million for FY2004 and adding $50.3 million of ongoing revenue for FY2005 (combined ongoing increase $91.9 million); he cautioned that one-time funds should not be used for ongoing commitments and noted Medicaid/Medicare pressures.

Sen. Blackham reported the Senate’s consensus revenue estimates on 2004-02-17, saying new figures increase one-time revenues for the fiscal year by $42,000,000 and add approximately $50,300,000 of ongoing revenue for fiscal year 2005. When combined with a previously noted…

Already have an account? Log in

Subscribe to keep reading

Unlock the rest of this article — and every article on Citizen Portal.

  • Unlimited articles
  • AI-powered breakdowns of topics, speakers, decisions, and budgets
  • Instant alerts when your location has a new meeting
  • Follow topics and more locations
  • 1,000 AI Insights / month, plus AI Chat
30-day money-back on paid plans