From Deseret News archives:

Surplus is officially record $170.4 million

But bubble 'one-time money from a source that is volatile,' official says

Published: Friday, Sept. 9, 2005 12:06 a.m. MDT
 |  E-MAIL | PRINT | FONT + - 
Still, he echoed the caution voiced by Ellis, especially considering recent events such as Hurricane Katrina, which have pushed gas prices skyward. Because of those concerns, the money will probably not fund projects that require ongoing funding.

Gov. Jon Huntsman Jr. said in a statement that he'll determine recommendations for the surplus when he begins working on his annual budget later this month.

"The numbers indicate that the Utah economy is strong and vibrant," Huntsman said.

Educators are also looking at ways to utilize their new money, even if all of their needs cannot be filled with the one-time funds. The state Board of Education already has a list of projects for the schools' share of the surplus: $10 million each for online testing and education technology; $15 million to make school buildings safer; $6 million for teacher supplies; $1 million for software to help children improve writing skills.

"I would hope they would get high consideration by legislators," board chairman Kim Burningham said.

Not all of that money will go to public education, however, because higher education can also tap the Uniform School Fund. Higher education administrators are "thrilled" with the economy, said spokeswoman Amanda Covington, but they have not specified possible projects.

Story continues below
The State Board of Regents, which oversees public higher education, is meeting next week with the State Building Board to talk more about capital development projects, with the regents' proposed budget expected in October.


E-mail: jloftin@desnews.com

Comments

You can be the first to comment on this story.

previousnext

Latest comments

watch out for next year for sure, the negatives are just closet (and...

And something else, I generally follow players from the state schools when...

I could care less that Max Hall said what he did. The feeling is mutual BYU...

BYU is champion of the state

Dear Max, probably could have done without that comment. Probably would've...

Hall mouths off about hate of Utah

As a Utah fan, let me first say congratulations to Max Hall, the Cougars, and...

Geno's and Pat's are good.. but, they are mostly for tourists, the real...

Hall mouths off about hate of Utah

(You even got a middle initial... how's that for 'ya Max) It's nice to see...

Air Up There, The

Even today, I still cannot get enough of this movie or Charles Gitonga Maina....

Cougars beat Utes in overtime

...disappointed with Max Hall's comments that he hates everything about UofU....

Over the last few days I read comments of people complaining about tasteless...

Advertisements