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State Officials Say Utah's Surplus Will be Around $420 Million

State Officials Say Utah's Surplus Will be Around $420 Million



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(KSL News) The state of Utah could end up with a surplus of more than $400 million this fiscal year.

State officials were expecting a $450-million surplus for 2007, instead it looks like the amount will be around $420 million.

The surplus includes an increase of almost eight percent in the taxes paid by individuals and a remarkable 23.6 percent in the taxes paid by corporations.

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