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Show Sfnio gooG in holo 030 million in 1900 of the revenue from the Individual In-dividual and corporate income in-come taxes as well as a substantial sub-stantial transfer from the general fund. Social service expendi tures in Utah amounted to $366.6 million or 25.4 of all state spending. Included Inclu-ded in the social service category are outlays for welfare, wel-fare, correction, mental health, family services, and health, including medicaid, employment security administration admin-istration and unemployment benefits. Expenditures for transportation - highways, aeronautics, etC:, totaled $222.7 million, or 15.4 of all state expenditures during fiscal 1980. 1 ' amount, $203 million came from property tax. The public pub-lic schools received 59 of all property tax levied in Utah during 1980 fiscal year. In addition they received all has been the case throughout through-out the years, education continues con-tinues as the number one area of state spending, accounting for $589 million or 41 of all expenditures in Utah. State expenditures for public schools totaled $404 million and higher education expentirues amounted to $185 million. Total expenditures of the public schools from' federal, state and local sources totaled to-taled $672 million. Of this State expenditures in Utah exceeded state revenue by $36 million last year. The study shows that revenue in Utah during the 1980 fiscal year totaled $1,410,038,000, while state expenditures were $1,446,038,000. Not Included in the expenditure total was $11,625,000 disbursed dis-bursed for the retirement of bonded debt. If this debt retirement disbursement had been included, the deficit for the year would be over $47.6 million. According to the Utah Foundation study, expenditures expendi-tures generally have exceeded ex-ceeded revenues in Utah during dur-ing recent years. The deficiency incurred usually has been funded by the creation cre-ation of bonded debt to tl nance capital outlay projects At the close of the 1980 fiscal fis-cal year, the outstanding bonded debt in Utah was $113.5 million. This includes in-cludes only the general obligation obli-gation bonds which pledge the full faith and credit of the state. In addition to this general debt, revenue bonds issued by the institutions of higher learning and by the Utah Housing Finance Agency add another $500 million to the state debt total. Last year revenue collections collect-ions in Utah rose by $170.9 million or 13.8. The only tax increase reflected in the 1979-80 revenues were a two cent per pack increase in the cigarette tax, a 50? boost in the driver education educa-tion tax, and higher unemployment unem-ployment taxes paid by em -ployers. On the other hand, total revenues in the state were reduced by a $47.7 million mil-lion general tax rebate during dur-ing the year. Sales tax continues to be the most productive state tax source in Utah, accounting account-ing for $332 million, or 22 of all state revenue last year. Income tax collections collect-ions came in a close second sec-ond with $308 million, or 21 of the 1980 revenue total. to-tal. Other major tax sources sour-ces were the motor fuel tax - $75 million, and the . unemployment compensation tax - $53 million. Property taxes totaled $341.4 million. Property taxes, however, are imposed entirely by local units of government. No part of the property tax is used for . state government purposes. More than 45 of the state budget in Utah Is expended for education, social services serv-ices and transportation. As |
