Utah has a billion-dollar budget surplus. How much will go toward education next year?

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Legislative leaders are eyeing more than $400 million in tax cuts and another $1.2 billion to pay for infrastructure projects, including water development and transportation, next year in Utah.

Legislative leaders have not set aside millions Gov. Spencer Cox wanted to give public teachers a compensation boost.

The Legislature is legally required to cover the cost of any enrollment growth and inflation-induced costs in Utah’s public schools. The Executive Appropriations Committee set aside the statutorily required minimum of $135 million, a 3.4% increase in Utah’s per-pupil funding for public schools.Also missing from the spending priorities is theUtah Senate President Stuart Adams, R-Layton, was noncommittal when asked if Cox’s education spending proposals were still on the table.

The extra cash for Utah’s budget comes from higher-than-expected income tax collections. Under Utah’s Constitution, that money can only fund public or higher education and some social programs. Any income tax reduction is paid out of money that could otherwise go toward schools. Utah’s per-pupil funding isThose tax cuts could take any number of forms next year, including a reduction in the income tax rate, property tax relief or cutting taxes on social security benefits.

 

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