Latest forecast: $13.3M less available for state spending

CHEYENNE — In advance of the upcoming budget session, the Wyoming Legislature’s wallet to appropriate funds for budget requests is expected to shrink by $13.3 million.

An updated Consensus Revenue Estimating Group (CREG) report informed members of the Legislature’s Joint Appropriations Committee they had $37.3 million in discretionary funds to spend this year.

The CREG report is a forecast of the state’s total revenue and assets. It includes estimates of Wyoming’s mineral prices and production, General Fund revenues, severance taxes, federal mineral royalties, the Common School Land Income Acc...

 

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