22-02-2019 21:40 via sltrib.com

Utah’s $1 billion surplus survives latest revenue estimates

Days after warning of drooping tax collections and a slump in state revenues, legislative leaders announced Friday that Utah maintains a $1 billion surplus going into the final weeks of the 2019 session.The pool of money available for state spending decreased by roughly $120 million compared to December estimates, which Rep. Brad Last, R-Hurricane, described as a “hiccup” related to recent federal tax changes as the state’s economy continues to perform.“The revenue is act
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