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Senator Dreyer: new revenue projections give Utah 'a little bit more money' as budget work begins
Summary
Senator Dreyer presented updated revenue projections showing an increase (he said 'instead of starting with $3.25, we're starting with $3.89' and cited a $64,000,000 change), noted offsets including tourism marketing fund obligations and lower severance-tax one-time revenue, and said appropriations work will begin Monday focusing on major items.
Senator Dreyer briefed the Senate on updated revenue projections and the implications for the budget process.
"For those of you who didn't hear the news last night, I've handed out a sheet for you explaining the new revenue projections that came out," Dreyer said. He summarized the change: "these new revenues, instead of starting with $3.25, we're starting with $3.89. So it's up, dollars 64,000,000." Dreyer also noted reductions that will subtract from the available one-time general-fund balance — for example, tourism marketing fund obligations and severance-tax changes — which he estimated would reduce one-time money by about $20,000,000.
Dreyer told senators the appropriations process would begin in earnest the following Monday, and he signaled priorities such as WPU (weighted pupil unit) funding and compensation. He urged agencies and stakeholders to present bottom‑line budget figures early in the process rather than altering requests at the end of the session.
Why it matters: The updated projections affect how much the legislature will consider for recurring and one-time allocations in the ongoing appropriations process.
The Senate then moved to the consent calendar and subsequent floor business; Dreyer’s revenue remarks set context for imminent Appropriations Committee actions.
