Utah to Post $1.5 Billion Surplus Despite Pandemic

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Utah has an esti­mat­ed bud­get sur­plus of $1.5 bil­lion, even after a year of bat­tling the COVID-19 pan­dem­ic that has hurt state tax revenues.The news comes as Pres­i­dent Biden is push­ing to spend $350 bil­lion in aid for state and local gov­ern­ments as part of a $1.9 tril­lion stim­u­lus pack­age, accord­ing to the Tax Foun­da­tion, even as the U.S. nation­al debt approach­es $28 trillion.State law­mak­ers and Gov. Spencer Cox on Fri­day said they esti­mate a sur­plus of $427 mil­lion in rev­enue that the state will col­lect over the 2021 …

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