State Runs Surplus of $75m to $125m

Summary


The state of Utah is running a tax surplus of between $75 million and $125 million in its main accounts this fiscal year, a first-of- its-kind quarterly revenue report shows.

The revenue update comes nearly a year after the Utah State Tax Commission stopped making its monthly tax-revenue surplus estimates as part of its TC23 tax collection reports.

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Extract


State Runs Surplus of $75m to $125m

The new report, given to legislative leaders during their Executive Appropriations Committee meeting Tuesday afternoon ...

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