News / Utah / 

State revenues less than revised forecast

State revenues less than revised forecast

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

SALT LAKE CITY (AP) -- If Utah's economy doesn't improve soon, lawmakers could be forced to make more budget cuts.

Lawmakers cut $272 million from the state budget in a special session in September after state economists revised their revenue forecast to reflect a slumping economy.

A tax state commission report released Monday shows that revenue over the past four months has declined at a rate greater than economists had forecast for this year.

Economists projected a 2.4 percent decline in the state's general and education fund. Monday's report shows revenues are down 7.3 percent.

(Copyright 2008 by The Associated Press. All Rights Reserved.)

Most recent Utah stories

Related topics



Catch up on the top news and features from, sent weekly.
By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

KSL Weather Forecast