Tuesday, November 29, 2011

State budget projections up by about $400M

Gov. Gary Herbert’s Office announced the revenue projections Monday: An estimated $280 million from taxes on a growing economy, plus a one-time surplus of $128 million. Despite the good economic news, the swelling budget will just barely cover an estimated $280 million growth in state programs, according to Ron Bigelow, the governor’s budget director. Salt Lake Tribune