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State Guide45th StateEst. 1896
Utah UT
"The Beehive State"
Five national parks in a single state. The largest copper mine on Earth. The birthplace of a major world religion's American homeland. A tech economy growing faster than Silicon Valley. Powder snow so light and dry the state trademarked the phrase "The Greatest Snow on Earth." Utah does not do things halfway.
Utah state finances at a glance
State Debt - FY2024
$5.6 billion
Total state government debt outstanding at the close of fiscal 2024, including long-term bonds and short-term borrowing across state agencies and public universities.
Tax Revenue - FY2024
$13.4 billion
Total Utah state tax collections in fiscal 2024, led by the individual income tax ($5.7B) and the general sales tax ($4.6B).
Borrowing
Utah holds a AAA rating and issues general obligation bonds backed by its full faith and credit, sold to investors in the tax-exempt municipal market. Constitutional and statutory limits tie outstanding debt to a share of the state's total taxable property value. The state reported about $231 million in interest on its debt in fiscal 2024.
Source: U.S. Census Bureau, 2024 Annual Survey of State Government Finances.
5
National parks, The Mighty Five
3.4M
Population (2025 est.)
#1
State for tech job growth
2,000+
Natural arches in Arches NP alone