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Senate leadership reports downward revision to revenue estimates; green-sheet distributed

Utah State Senate · February 22, 2019
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

Senate leadership distributed updated revenue estimates showing lower available one-time and ongoing funds than earlier consensus numbers and explained the shift as timing differences in taxpayer filings; leadership said the economy remains strong despite the downward revision.

Senate leadership provided an updated revenue report and distributed a green-sheet of new numbers during floor session. Senator Stevenson summarized the changes: prior consensus figures had shown roughly $1.3 billion in available funds (combining one-time and ongoing estimates) but updated estimates reduced the newly available amounts;…

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