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Revenue Update
Consensus Revenue Estimates
Several times each year, consensus revenue estimates are developed by the Revenue Assumptions Working Group, composed of Governor's Office of Management and Budget, the Legislative Fiscal Analyst's Office (LFA), and the Tax Commission. These estimates are then provided by the LFA to the legislature.
- Download the December 2022 Revenue Estimate (PDF)
- Download the May 2022 Revenue Estimate (PDF)
- Download the February 2022 Revenue Estimate (PDF)
- Download the December 2021 Revenue Estimate (PDF)
Annual Financial Highlights
The state’s Department of Administrative Services, Division of Finance publishes each fiscal year’s “Annual Financial Highlights” as preliminary financial information as soon as state agencies are able to close their books. This is done to provide key information needed in the budget preparation process, which begins each year in September. The preliminary financial information provided in the Annual Financial Highlights is neither comprehensive nor audited.
Final audited financial information for each fiscal year is available in the state’s Comprehensive Annual Financial Report (CAFR).
- Download the Fiscal Year 2022 Annual Financial Highlights (PDF)
- Access previous period Annual Financial Highlights on the Investor Information Archive page.
Governor's Budget Recommendations
The Governor’s Office of Management and Budget estimates anticipated revenues, analyzes both base budgets and the new budget requests, and assists the governor in preparing final budget recommendations. The governor’s budget recommendations are summarized in the governor’s Budget Recommendations Book.
Report on Appropriations of the Utah State Legislature
This report, prepared each year by the Legislative Fiscal Analyst following the general session, details the state’s budget and appropriations made by the legislature during the general session.