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The Utah State Budget Report for FY 14-15

Abstract

During the 2014 legislative session, Utah legislators accentuated the need for long-term thinking on the budget. The legislature required 15-year revenue trend forecasting, held the institutions first joint long-term planning conference, and spent the first week of their limited session solely on base budget review.  In the end, the session saw a near-record 486 bills pass and be signed into law, the budget balanced, and a $13.5 billion budget for the 2015 fiscal year, an increase of 5% over the FY2014 budget.

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