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Utah schools to get record amount of school land trust money

Wed, 15 May 2013 23:22:38 MDT

Utah schools to get record amount of school land trust money

By Lisa Schencker The Salt Lake Tribune

Updated May 15, 2013 11:22PM MDT

Utah schools can expect more than $30 million in School Land Trust Program money this summer — a record distribution, said Margaret Bird, director of the School Children’s Trust. Each year, all Utah public schools get part of the dividends and interest earned on the permanent State School Fund — a more than $1.3 billion pot of money generated from trust lands throughout the state. Individual schools typically get anywhere from a few thousand dollars to more than $100,000 each, depending mostly ...

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A rosier short-term

Tue, 14 May 2013 01:01:04 MDT

A rosier short-term

By XXXXXX The Salt Lake Tribune

Updated May 14, 2013 01:01AM MDT

Good news from the fiscal front: The federal deficit is shrinking faster than expected. During the first half of fiscal 2013, revenues have come in greater than forecast, and spending, less; Goldman Sachs expects the total deficit to equal 4.8 percent of gross domestic product (GDP), rather than 5.6 percent as the investment bank once believed. Also, Goldman says the deficit will decline to 2.7 percent of GDP by fiscal 2015, as opposed to 2.8 percent, as previously estimated. These numbers refl...