You might get a tax rebate if Gov. Cox's budget is passed. Other big winners in the plans: housing, teachers and the Great Salt Lake.
year after standing on the ever-expanding shore of the dying Great Salt Lake
At a whopping $28.37 billion, the proposed 2024 fiscal year budget is the largest in Utah state history. The budget also appears to call for setting aside $132.9 million toward addressing the drying Great Salt Lake, in addition to investing $217.9 million for statewide conservation in the hopes of benefiting the lake in the long term.
The proposed budget calls for spending roughly $463 million on direct investments in rural areas of Utah. Part of that price tag includes funds for housing in rural areas, including $2.3 million in funding for the Olene Walker Housing Loan Fund, which provides no-interest loans for single-family homes in rural areas.Cox’s blueprint takes an aggressive approach toward debt reduction, allocating nearly $1 billion for that purpose.
Cox’s proposal calls for $143 million in ongoing spending and $34 million in one-time spending to beef up compensation for state employees.
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