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Budget Shortfall Smaller in Utah

December 6, 2008 by rickety 4 Comments


Governor Huntsman delivers the State of the State 2008.

Governor Huntsman delivers the State of the State

This morning the Deseret News was reporting that Utah’s budget shortfall was smaller than in many states. Indeed, the governor’s spokeswoman, Lisa Roskelley, said:

It’s important to understand that Utah, though in a difficult economic situation, certainly is in a better place than many other states throughout the country.

And the governor himself had this to say:

The environment is a tough one. Forty-five of 50 states are facing serious budget shortfalls.

For the 2009 fiscal year there are twelve states that have no budget shortfall. They are Alaska, Arkansas, Indiana, Louisiana, Michigan, Missouri, Montana, North Dakota, Oklahoma, Texas, West Virginia, and Wyoming. However, some of these states face a projected 2010 budget shortfall. I only list thirty-eight states with deficits so perhaps Governor Huntsman is also including projections for 2010 in his quote above. Also the reference to Arizona’s almost “25 percent budget gap” appears to be for 2010.

Some numbers might help to show Utah’s budget situation relative to other states. In the table below the budget shortfalls are expressed in millions of dollars, along with the relative positions (“$ Posn” and “% Posn”) of the states to each other. For example, Utah with a budget shortfall of $354 million, which is 6.4% of the budget, is in 20th worse position in terms of dollars and 13th worse position in terms of percentage.

Click on the column headers to sort.

State $ Millions $ Posn % % Posn
TOTALS 31,354 5
Alabama 458 14 6 15
Arizona 1,235 7 12.3 2
California 8,400 1 8 8
Colorado 100 32 1.3 30
Connecticut 392 19 2.3 26
Delaware 129 31 3.6 23
Florida 2,142 3 8.6 6
Georgia 2,100 4 8.4 7
Hawaii 220 26 3.8 22
Idaho 27 36 1 34
Illinois 2,300 2 7.6 10
Iowa 35 35 0.5 37
Kansas 137 30 2.1 27
Kentucky 456 15 5.1 17
Maine 140 28 4.5 19
Maryland 138 29 0.9 35
Massachusetts 1,200 8 4.3 20
Minnesota 426 16 1.2 31
Mississippi 86 34 1.7 29
Nebraska 5 38 0.2 38
Nevada 337 22 10.5 3
New Hampshire 250 25 15.3 1
New Jersey 400 18 1.2 32
New Mexico 253 24 4.2 21
New York 1,475 6 2.6 25
North Carolina 1,200 9 5 18
Ohio 1,181 10 6.1 14
Oregon 142 27 1 33
Pennsylvania 2,000 5 7.1 11
Rhode Island 350 21 10.4 4
South Carolina 724 13 10 5
South Dakota 7 37 0.6 36
Tennessee 800 12 7 12
Utah 354 20 6.4 13
Vermont 88 33 8 9
Virginia 974 11 5.7 16
Washington 413 17 2.7 24
Wisconsin 281 23 2 28

Source: NCSL

Rickety signature

Filed Under: Money, Politics Tagged With: Budget, Shortfall, Utah

Comments

  1. Dara says

    December 9, 2008 at 7:10 am

    Ugh! This makes me want to move right out of Florida. It’s too hot here anyway!

    Well…I guess I should just be glad that I don’t live in California…

    Reply
  2. rickety says

    December 9, 2008 at 4:53 pm

    It doesn’t look too good for Florida in 2010 either. Oh well, maybe the summer will be cooler.

    Reply
  3. louisiana real estate says

    February 18, 2009 at 2:24 pm

    Can anyone believe that Louisiana is among those that do not have a budget shortfall – after all the hurricanes that have ripped through over the last several years? I sure hope that we can keep in the black, though I am not holding my breathe with the economy the way it is. I figure that it is only a matter of time.

    Reply
  4. rickety says

    February 18, 2009 at 4:40 pm

    They probably have a shortfall for 2010.

    Reply

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Who is this Rickety?

Rick at homeI'm Rick Willoughby. I live in Utah, a retired Software Engineer. I'm a Mormon, married with 5 children and 12 grandchildren.

I emigrated from England in my late twenties, bringing with me one small suitcase and a few dollars. I appreciate the opportunities America has given me and the friendliness of the people to new citizens.

I blog about my family as well as politics, religion, finance, technology, and other topics.

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