News Releases
Utah-federal government balance of payments
States and the federal government share a vital economic relationship. This data summary, the eighth in a series on state and federal economic linkages from the Kem C. Gardner Policy Institute, presents the Utah-federal government nexus for the payment balance between taxes paid by Utahns to the federal government and funds allocated to Utah from the federal government.
“Utah consistently places in the bottom quarter of states in per capita federal balance of payments, or taxes paid less funds received by Utahns,” said Phil Dean, chief economist at the Gardner Institute. “Utah’s low ranking can largely be explained by the state’s young and healthy population with less reliance on federal programs like Social Security and Medicaid.” (Read More)
Federal funds compliance audit by the Office of the Utah State Auditor
The Office of the Utah State Auditor (Office) released its Single Audit Report of the Fiscal Year 2024 expenditures of federal funds by the State of Utah (State). The report verifies the oversight of more than $9 billion in federal funds and the State’s compliance with federal regulations governing their use. Eighteen audit findings related to financial reporting errors, noncompliance with accounting standards, and inadequate oversight of taxpayer funds are included. The full report, including all findings, is publicly available here. (Read More)
Lee introduces the Local Zoning Decisions Protection Act for 119th Congress
Senator Mike Lee (R-UT) has introduced the Local Zoning Decisions Protection Act, a bill which denies all federal funding for implementing the Department of Housing and Urban Development’s “Affirmatively Furthering Fair Housing Final Rule” and any other race or equity-based schemes to altar socioeconomic outcomes at the federal level. The legislation has been introduced in the House of Representatives by Rep. Paul Gosar (R-AZ). (Read More)
7 Weber State business students accepted into Carnegie Mellon graduate program
A perfect set of Weber State University business students will continue their education at Carnegie Mellon University next fall. All seven students from the John B. Goddard School of Business & Economics who applied to CMU’s Heinz College were accepted into their graduate programs — an “incredible” achievement that speaks to the quality of a WSU education, said Randy Boyle, professor of management information systems. (Read More)
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