State Government Debt in Utah: Rapid Growth in Recent Years

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The purpose of this report is to detail the use of debt in the State of Utah from the 1990s through 2003 in order to facilitate a discussion about fiscal discipline and the appropriateness of debt. This report details the historical facts concerning growth in debt and changes in the role of debt over the last decade. It then outlines a framework to evaluate the use of debt by any government entity, and examine the State of Utah with respect to the outlined criteria.

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