2023 Legislative Update: Week 6
February 21 – 24, 2023 This week, the Governor’s Office and Utah State Legislature released revised revenue numbers for the 2023-24 fiscal year. For the 2023 General Session, there is an estimated $817 million in one-time and $410 million in ongoing money combined in the General and Income Tax Funds, after accounting for base budget adjustments and set-asides.… Continue Reading 2023 Legislative Update: Week 6
2023 Legislative Update: Week 5
February 13 – 17, 2023 Governor Cox signed three more bills this week. SB 146, Higher Education Amendments, passed out of the House Committee. The House will likely pass it in the next few days and send it to the Governor for signature. This week, Utah Board of Higher Education members and other higher ed leaders hosted Higher Ed… Continue Reading 2023 Legislative Update: Week 5
2023 Legislative Update: Week 4
February 6-10, 2023 Higher Education Appropriations Subcommittee The Higher Education Appropriations Subcommittee (HEAS) wrapped up its meetings on Wednesday, Feb. 8 and submitted its list of priority budget requests (page 3) to the Executive Appropriations Committee on Friday, Feb. 10. Each systemwide budget priority of the Utah Board of Higher Education (approved in Sept. 2022) was forwarded to the… Continue Reading 2023 Legislative Update: Week 4
2023 Legislative Update: Week 3
January 30- February 3, 2023 This week, Governor Cox signed HB1, Higher Education Base Budget. HB1 appropriates ($5,393,200) in operating and capital budgets for fiscal year 2023, including: ($4,910,000) from the Income Tax Fund; and ($483,200) from various sources as detailed in this bill. The bill also appropriates $2,453,187,000 in operating and capital budgets… Continue Reading 2023 Legislative Update: Week 3
2023 Legislative Update: Week 2
January 23-27, 2023 Higher Education Appropriations Subcommittee The Higher Education Appropriations Subcommittee (HEAS) continued its meetings this week and heard presentations from several USHE institutions. The response from HEAS committee members has been overwhelmingly positive, particularly with the institutions’ willingness to openly confront the challenges they are facing, as well as celebrating their successes. The… Continue Reading 2023 Legislative Update: Week 2
2022 Legislative Update: Week 6
February 22-25, 2022 Executive Appropriations Committee Adopts Higher Education Funding Items The Executive Appropriations Committee adopted proposed new funding items this evening (in addition to the base budget increases adopted early in the 2022 legislative session that includes a 5.75% employee compensation market increase). The proposed items to higher education are closely aligned to the… Continue Reading 2022 Legislative Update: Week 6
2022 Legislative Update: Week 5
February 14-18, 2022 Updated State Budget Revenues Announced Governor Cox and legislative leadership announced revised tax revenue projections on Friday, higher than projections adopted in December 2021 by the Executive Appropriations Committee: Dec 2021 Feb 2022 General Fund (Sales Tax): $245 million $1.04 billion Education Fund (Income Tax): $685 million $2.75 billion According to… Continue Reading 2022 Legislative Update: Week 5
2022 Legislative Update: Week 4
February 5-11, 2022 Higher Education Appropriations Subcommittee The Higher Education Appropriations Subcommittee wrapped up its work on Wednesday, February 9 and submitted its list of priority budget requests (page 4) to the Executive Appropriations Committee on Friday. This Subcommittee’s priorities closely align with the Utah Board of Higher Education’s budget priorities adopted in September 2021.… Continue Reading 2022 Legislative Update: Week 4
2022 Legislative Update: Week 3
January 31 – February 4, 2022 Higher Education Appropriations Subcommittee The Higher Education Appropriations Subcommittee continued its meetings this week and received presentations from the remaining USHE institutions. Below are links to the institutions’ presentations: Southern Utah University University of Utah Utah State University Utah Tech/Dixie State University Utah Valley University Weber State University The… Continue Reading 2022 Legislative Update: Week 3
2022 Legislative Update: Week 2
January 24-28, 2022 Higher Education Appropriations Subcommittee The Higher Education Appropriations Subcommittee (HEAS) continued its meetings this week and received presentations from all technical and community college institutions. Below are links to the technical institutions’ presentations: Bridgerland Technical College Dixie Technical College Davis Technical College Mountainland Technical College Ogden-Weber Technical College Salt Lake Tech (SLCC)… Continue Reading 2022 Legislative Update: Week 2