Property tax ballot measure will slash local funding, report finds
• To ease the soaring price of property taxes, a ballot initiative would create an exemption to effectively halve the bill for homeowners. But that could slash state services. By Maggie Mullen, WyoFile.com A statewide ballot initiative would effectively…
State adds roughly $68M in K-12 funding so far this year
By Aedan Hannon Casper Star-Tribune Via- Wyoming News Exchange CASPER — Energy production has padded Wyoming’s school coffers as students and teachers prepare to head back to school later this month. Wyoming has added an extra roughly $68 million in…
Gov. Gordon’s chief of staff retiring; replacement named
CHEYENNE (WNE) — Wyoming Gov. Mark Gordon announced a change to his leadership team Thursday, as current Chief of Staff Buck McVeigh will retire at the end of the year. To take his place, Gordon has named Sen. Drew Perkins,…
State revenue estimates exceed expectations
By Jasmine Hall Wyoming Tribune Eagle Via- Wyoming News Exchange CHEYENNE — A new report projects all of the state’s major revenue streams will exceed previous forecasts, with an extra $329 million in general fund and budget reserve account revenues…
Wyoming revenue estimate continues to improve
By Nicole Pollack Casper Star-Tribune Via- Wyoming News Exchange CASPER — Buoyed by unexpectedly high oil and gas prices, revenue collected by Wyoming during the 2021 fiscal year far outstripped earlier estimates. After FY 2021 revenues exceeded the Consensus Revenue…
State’s fiscal crunch eases, Gordon says concerns remain
By Nick Reynolds and Camille Erickson Casper Star-Tribune Via- Wyoming News Exchange CASPER — After a surprisingly busy summer tourism season and hundreds of millions of dollars in budget cuts already announced, the Wyoming Legislature now faces just under a…
Lawmakers hear grim fiscal news from CREG chair
———————— By Katie Roenigk Riverton Ranger Via- Wyoming News Exchange The state will enter a “cash negative situation” by the end of 2020 unless huge budget cuts are made, revenue experts told the Joint Appropriations Committee. A 7-10 percent cut…
Oil price plunge raises questions about the state economy
◆ Legislators consider what global market means to Wyoming. By Tom Coulter Wyoming Tribune Eagle Via- Wyoming News Exchange Oil prices worldwide suffered a major hit over the weekend, reaching a four-year low in the United States, and the rapid…
Latest estimates show drop in state revenue
◆ Report shows lawmakers should have enough to fund governor’s proposed budget if they choose to. By Tom Coulter Wyoming Tribune Eagle Via- Wyoming News Exchange Although the latest projections show a slight drop in state revenue for the current…