From Deseret News archives:
Spending a huge surplus
Now, the mid-session revenue projections issued this week once again show a large surplus. That's welcome news for all those lawmakers struggling to decide how to prioritize the state's spending. But it shouldn't be viewed as the answer to everyone's problems. Lawmakers still need to prioritize, and they still need to use fiscal restraint.
And while they're doling out money for important things such as roads, education and state pay raises each of which is worthy they shouldn't forget some of the little things that tend to get overlooked in good times and bad. Programs for the poor and homeless need attention. Adult education needs special attention. It provides hope for people who learn the value of schooling late in life, but it also provides recent immigrants an important avenue for success. Ultimately, it can prevent many other costly social problems.
Lawmakers shouldn't ignore the Children's Museum of Utah's proposed Discovery Center, either. It needs $3.5 million in state money to help it complete its fund-raising goal. That money would pay off in huge dividends. The new center promises to be a source of fun and education for millions of children, as well as a destination place for both locals and visitors. Located at the Gateway, it has the potential to become a valuable amenity for the state.
The latest revenue projections add $48 million in one-time money and $74 million in ongoing money, on top of several hundred million that already had been projected. Surely, the state can use the one-time funds to take care of some of its long-suffering capital needs, such as to shore up the Marriott Library at the University of Utah, which is in danger of collapsing in the event of an earthquake.
Of course, the list of legitimate state needs is, in fact, never-ending. In many ways, a sudden influx of cash near the end of a session can be almost more difficult to deal with than a budget that allows leaders to say they simply have no money to give.
The tech-stock crash of the late '90s isn't likely to repeat itself soon. But economies do go in cycles. We agree with legislative leaders who want to proceed slowly and carefully. They should follow their predecessors in terms of shoring up the rainy-day fund and exercising caution.
But they ought to seize the opportunity to fund some of the little-noticed needs, as well.
Comments
- SUU museum to honor local artists 6:38 p.m.
- Sub. teacher charged with sex abuse 6:33 p.m.
- Doctor calls Mitchell 'naive,' 'inept' 6:16 p.m.
- Photos: Warming soles 6:10 p.m.
- Eagles, Reid agree to extension 5:52 p.m.
- Ashanti's mom gets lewd messages 5:49 p.m.
- Corbin Bleu to join 'In the Heights' 5:48 p.m.
- Hollywood breaks revenue record 5:47 p.m.
- 'Biggest Loser' sheds 239 pounds 5:46 p.m.
- Strong heading to Louisville 5:42 p.m.
- Hot Rod behind mic for Lakers
- Cougars use depth to beat ASU
- Max Hall wants to look ahead
- Non-BCS schools not given fair shot
- Panel passes BCS playoff bill
- Snow brings big chill
- Doctor calls Mitchell 'naive,' 'inept'
- Palin signs books, chats with fans
- Small plane crashes near Lehi
- Jazz go up against 'the best'
- Y. profs: Beck not all-knowing
291 - Letters: Global warming a lie
228 - TCU to play Boise in Fiesta Bowl
206 - BYU football: Bronco weighs in on Hall
178 - Cougars going back to Vegas
150 - Utah/BYU rivalry can be more civil
145 - Andersen apologizes for Jordan hoax
136 - George lost in rivalry hatefest
121 - Max Hall wants to look ahead
113 - Ed Smart 'appalled' at testimony
100
Love him or hate him, Utah Sen. Orrin Hatch knows how to get attention.
For the latest news in the health care debate and how it affects you...
Sweet, good luck Quinton!
Absolutely congress should be dealing with this. In these depressing times,...
I couldn't be happier. The BCS dude's quote About the BCS can make the...
1) Did the Flash win? 2) Did Bryon Russell beat the MJ imposter?
So between Lehi Main and the where the freeway is five lanes in South Salt...
Max is my spokesman....! 'nuff said.
The last thing we need is the government rearing it's ugly head in matters it...
What makes you an authority on deciding what some else knows or who is an...
Max Hall will be selling cell phones in a mall Kiosk in the near future
The guy who takes over a half time is much better than Locke. Locke just...


You can be the first to comment on this story.