Utah City Budgeting Easier This Year
West Jordan, Salt Lake City, and Provo Say Budgets Improving
A number of cities along the Wasatch Front are now reinstating services or policies that previously had to be suspended because of budget concerns. In Provo, city employees are now eligible for raises again. In Salt Lake City, streets lights that had burned out will finally be replaced, and although tax revenues aren’t to the level they were before 2008 they are increasing. To some this is a very welcome sign that might hint at the end of the recessions, but others are not so optimistic. With the current economic downturn well into its third year most consumers are in the “I’ll believe it when I see it” mode when it comes to talking about coming out of the recession.
Bankruptcy in Utah
Despite the fact that some Utah cities feel as if we’re coming out of the recession, bankruptcy rates in Utah continue to be high. In the first quarter of this year bankruptcy filings were up 15% on last years numbers at this time. It is obviously still tough economic times for a lot of Utahns and the licensed attorneys at Salcido Law Firm are here to help. There can be a number of legitimate reasons for filing bankruptcy and you should understand your options before you make any decisions that you could change your financial future. Call a Utah Bankruptcy Attorney today to find out if bankruptcy is the right decision for you.