PROVO – (January 15, 2010) The Utah Valley Chamber, one of Utah’s largest Chambers of Commerce, met in a special session to assess this year’s State Budget conditions in preparation for the upcoming Legislative session. The Chamber unanimously endorsed the following statement:
"We support Governor Herbert’s budget goals and applaud him on his willingness to have state government live within its means in the midst of an economic downturn. Those goals are: 1.)Protect Public and Higher Education by keeping funding steady, 2.) Avoid exacerbating the budget’s structural imbalance, 3.) Retain a responsible balance in the State’s Rainy Day Fund 4.) Impose no tax increases."
In developing the recommendations, the Chamber adhered to certain guiding principles under which they believe government and business objectives should be pursued:
-What is good for business is good for Utah.
-Government should live within its means.
-In an already challenged economy, tax increases should be a last resort.
-Limited government, maximized private sector
-Government should seek maximum efficiency at all times.
“At a time when businesses and families are struggling in this economic downturn, we believe government needs to live within its means,” said Chamber President, Steve Densley.
The Chamber Board of Directors and Government Review Council for the Chamber also made certain suggestions including: modifying vendor discounts to reflect the true cost of compliance and considering bonding for new building construction (particularly for the Utah Valley University Science building listed as the top higher education building need).CONTACT: Chelsea Haviland, 801-851-2560, email@example.com