Sen. Lyle Hillyard: Tis the Season to be Jolly

As we are getting ready to announce the revenue figures, which will guide our budget work this upcoming session, a familiar poem came to my mind: T’was the night before Christmas (revenue announcements) and all through the House (and Senate as well), Not a creature was stirring except for a mouse (aka Fiscal Analyst). The stockings (budget requests) were all hung by the chimney (EAC chairs offices) with care, In hopes that St. Nicholas soon would be there. It is our plan to announce the new revenue figures on December…

The Hub Sheet – Monday February 17, 2015

Fasten your seatbelt… or don’t Are ‘fringe groups’ getting too much attention from education leaders over Common Core? Twitter is an even bigger waste of time than you supposed. Curious how babies… er, state budgets are made?Capital West News has a ‘splainer. Hillyard: Raise the Rainy Day cap. Rep.Craig Hall summarizes week three of the session. Cardboard boxes: Still the best toy ever. Idaho legislators will debate corporate sponsorships of state parks. They’re also updating their dueling laws.  No, seriously. All the Presidents ranked. Oral-B announced bluetooth toothbrush with a performance tracking app because…

Senator Hillyard Has It Right On Raising the Rainy-Day Fund Cap

By Derek Monson Last week, Senator Lyle Hillyard posted to The Senate Site that he and Representative Dean Sanpei would be sponsoring legislation to raise the limits on the general and education rainy-day funds (or budget reserves) which are currently at 8 percent and 9 percent of the previous year’s budget, respectively. Their proposal would raise these limits to 9 percent of the last year’s budget for the general rainy-day fund, and 11 percent for the education rainy-day fund. This proposal is the right thing to do for Utah taxpayers…

Insights on Utah’s 2015 Budget Strategy from Senator Lyle Hillyard

By Senator Lyle Hillyard Yesterday I shared the following thoughts on the Senate Floor. (Starting at 1:00:16). In Utah we are known for exercising fiscal prudence. We’re known for that – and it has helped us a great deal. Our tax revenues are up, but before we spend new money, we should carefully scrutinize the money already being spent. Thanks to our Fiscal Analysts’ Office, we have available to legislators and the public our COBI – or Compendium of Budget Information. Smart fiscal management includes long-term planning, stress testing, and preparing. With…