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State Surplus Won't Lead to Tax Cuts

State Surplus Won't Lead to Tax Cuts

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(KSL News) The numbers are in, and it looks like this year's state surplus is just more than $260 million. That total comes from the final report of the Utah State Tax Commission for the 2006-2007 fiscal year.

Still, higher than expected tax revenues won't lead to another round of tax cuts.

The Deseret Morning News reports Governor Huntsman wants next year's anticipated extra tax revenue to go toward teacher salaries and environmental causes.

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