The City’s budget is based on what the Mayor and Council consider the wisest and most responsible use of revenues from tax dollars and fees paid by residents, property and business owners and visitors to the City. Preparing a budget for Salt Lake City is a collaborative undertaking that requires the resources of several departments and a diverse group of professionals, all dedicated to making Salt Lake City the best place to live, work, play, visit and do business. Total state expenditures for 201920 from all sources are projected to be 214.8 billion, including General Fund expenditures of 147.8 billion. Current Federal Deficit Federal Budget Deficit for December 2019: 13.3 billion Federal Budget Deficit for December 2018: 13.5 billion The deficit for December 2019 was about the same as that recorded in December 2018. That is a 40 percent increase in four years. While the domestic box office has tallied 4.46 billion in movie ticket sales through June 30, a nearly 20 increase over the same period in 2022, it still lags behind pre-pandemic 2019. The following contains budget data for December 2019, which was the third month of fiscal year (FY) 2020. Purchasing & Contracts Contact Information Federal spending jumped from 4.45 trillion in 2019 to 6.21 trillion in 2023, according to the Congressional Budget Office.Box 145451, Salt Lake City, UT 84114-5451 Budgets & Projections The Treasury Department released final budget numbers for Fiscal Year (FY) 2019 today, showing last year's deficit totaled 984 billion, a 205 billion (or 26 percent) increase from the prior year and a 48 percent increase from 2017.
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