Here's What Is in Governor Cox's $30.7 Billion Proposed Budget

Under Trump tax cuts, Utah won’t collect $500 million in income taxes in 2026, 2027

Gov. Spencer Cox holds a press conference to present his budget proposal at the Salt Lake County Library in Kearns on Wednesday, Dec. 3, 2025. (Photo by Spenser Heaps for Utah News Dispatch)Thanks to tax cuts from the “one, big, beautiful” law, Utah won’t collect about half a billion dollars of income tax revenue in coming years — about $300 million in 2026 and $200 million in 2027.  That’s according to Gov. Spencer Cox’s proposed budget unveile…

Utah Gov. Cox wants a raise for state employees, says budget is ‘tighter’ after Trump’s cuts

Gov. Spencer Cox’s new budget proposal for the next fiscal year is roughly equivalent to this past year’s — though the Republican governor said federal funding cuts passed in President Donald Trump’s “Big Beautiful Bill” will impact Utah’s future spending.

Here's what is in Governor Cox's $30.7 billion proposed budget

Governor Spencer Cox is unveiling his proposed $30.7 billion budget, asking for $50 million for homeless services, an expansion of funding for child literacy programs, but no income tax cut.

Gov. Cox releases FY 2027 budget proposal focused on responsible fiscal management, strong families, and long-term prosperity - Utah Policy

Today, Gov. Spencer J. Cox released his recommended budget for Fiscal Year 2027, a $30.7 billion operating and capital plan designed to strengthen Utah families and maintain the state’s long-standing reputation for disciplined and responsible budgeting. The governor’s remarks at the Kearns Branch of the Salt Lake County Library emphasized Utah’s tradition of building boldly and preparing thoughtfully for future generations. He noted that Utah ha…