Salt Lake County's $811 million budget, approved Tuesday, includes no new tax increases, but one could be on the horizon.

"Our projection shows that Salt Lake County will require policy decisions to restrain spending and potentially increase property tax revenues in 2009 to avoid future fund balance shortfalls in 2009 and future years," County Auditor Jeff Hatch said.

Although the local economy is performing well, Hatch said Utah will not "be immune to the impending national slowdown (or perhaps recession) in 2008."