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• Utah ranks #1 in USA Today's list of best managed states. Utah was the only one of the 50 states to capture the newspaper's four-star ranking in each of the categories.
USA Today, June 24, 2003 |
• The corporate franchise tax in Utah is a relatively low 5% of net taxable income. |
• Utah businesses pay no inventory or worldwide unitary taxes. |
• Among the states, Utah ranks above average in per capita spending for both public education and higher education. |
• The Governor's office has led the charge encouraging all state agencies to provide services to the public 24 hours/day, 7 days/week. All agencies have responded with varying services now available online. The most popular online services include vehicle registration renewal, hunting and fishing licenses, business entity searches, online voter registration, and tax forms. - http://www.utah.gov/services/index.html |
State government sets priorities that are important to the well-being of its citizens and the performance of its economy. Investments in infrastructure such as education and transportation are fundamental state government responsibilities.
Utah's favorable growth rate and conservative approach to government spending help guarantee that citizens get full value for the taxes they pay.
Utah continues to be one of the best managed states in the country. USA Today recently ranked Utah as the best managed state. Utah was the only state to capture the newspaper's four-star ranking in each of the categories.
The state of Utah enjoys a AAA bond rating and is fiscally sound. Prominent financial experts agree that Utah's fiscal stability is exemplary among the states.
Utah's outstanding AAA-rated bonds finance state buildings, parks, highways, water development and management projects, and other infrastructure improvements and additions.
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