Utah faces a $130 million budget shortfall, but it’s not time to panic — yet
Income tax collections were $130 million lower than expected, but lawmakers says they’ve built ‘wiggle room’ into the state’s budget.
(Trent Nelson | The Salt Lake Tribune) The Utah Capitol in Salt Lake City on Monday, July 17, 2023. The state is facing a $130 million budget shortfall this year, but lawmakers say they've built some wiggle room into the budget.