Public Finance
The Gardner Institute employs a team of economists who specialize in public finance. We also benefit from a Public Finance Council that guides our research agenda and supports the development of a public finance practice area. Our research focus areas include, but are not limited to: tax policy, revenue forecasting, fiscal impacts, budget stress-testing, budget transparency, and public finance best practices.
Utah/Federal Government Nexus Data Summary: Federal Public Education Funding in Utah
Utah’s FY 2026 state budget includes about $600 million in federal funds for public education, which makes up about 7% of the state’s total public education budget.
Marriage Penalties in Utah
Though relatively few and limited in scope, marriage penalties exist in both Utah's tax structure (primarily through income tax credits) and benefit programs.
Utah/Federal Government Nexus Data Summary: Balance of Payments Between Utah and the Federal Government
Utah consistently places in the bottom quarter of states in per capita federal balance of payments (taxes paid less funds received by Utahns) in various measures over time and using different methodologies.
Public Policy Lessons From the Michael O. Leavitt Administration: Taxation
Utah's leaders face challenging decisions when weighing tax reform options. They must keep laser focused on Utah’s changing economy and aging population.
Utah/Federal Government Nexus Data Summary: Medicaid
Medicaid and CHIP (the Children’s Health Insurance Program) fund health care services for about 353,000 Utahns with low income as of February 2025.
Utah/Federal Government Nexus Data Summary: Federal Funds in Utah’s State Budget
In FY 2024, federal funds comprised 27% of the state’s spending, totaling just over $7 billion of the $26 billion total.
Utah/Federal Government Nexus Data Summary: Federal Deficit and Debt
The federal government spends 39% more annually than its revenue collections, resulting in a deficit ($1.9 trillion in FY 2024).
Medicaid Funding 101
Medicaid funding and CHIP (the Children’s Health Insurance Program) fund health care services for about 340,000 low-income Utahns (about 11% of Utah’s population). As a jointly funded state/federal program, funding shares vary by state.
Interest Rates and Monetary Policy
Rapid interest rate changes stand out as one of the most stunning economic stories in recent years.
A Visual Guide to Tax Modernization in Utah Part Five: Business Taxes
Utahns share a common interest in a state and local tax system that provides for our needs, keeps the economy strong, and remains viable over the long term. This visual guide, the fifth in a series, illustrates key components of Utah’s business taxes.
