Utah’s fiscal year runs from July 1 to June 30. The Governor’s Office of Planning and Budget (GOPB), Office of the Legislative Fiscal Analyst (LFA), and the Utah State Tax Commission gather and analyze revenue data monthly. Each November, GOPB, LFA, and Utah State Tax Commission adjust the state’s revenue forecast for the upcoming fiscal year, and the Governor’s budget makes recommendations based on the forecast. To prepare for the budget process during the legislative session, state agencies, public education, and higher education submit planned expenditures and budget change requests to GOPB. The Governor’s budget recommendations take into account an analysis of anticipated revenues, base budgets, and new budget requests.
The annual 45-day legislative session begins with appropriations subcommittee meetings. Each legislator is assigned to at least one appropriations subcommittee. The LFA prepares recommendations for the committees after analyzing the Governor’s budget recommendations. Each subcommittee analyzes the budget of their assigned topic area, hearing presentations from state agencies, stakeholders, and legislators. Each subcommittee makes a recommendation to the Executive Appropriations Committee (EAC). The EAC is comprised of minority and majority leadership from both the House and the Senate, and makes final budgetary decisions for the budget bills.
The annual 45-day legislative session begins with appropriations subcommittee meetings. Each legislator is assigned to at least one appropriations subcommittee. The LFA prepares recommendations for the committees after analyzing the Governor’s budget recommendations. Each subcommittee analyzes the budget of their assigned topic area, hearing presentations from state agencies, stakeholders, and legislators. Each subcommittee makes a recommendation to the Executive Appropriations Committee (EAC). The EAC is comprised of minority and majority leadership from both the House and the Senate, and makes final budgetary decisions for the budget bills.
