Mead To Release Budget For 2017, Cuts Expected

matt_meadWyoming Governor Matt Mead is expected to announce his plans for the 2017 budget sometime today. The budget will have to compensate for the expected $157 million budget shortfall, in addition to the $248 million in state government cuts that were announced by Mead earlier this summer. The deficit is due to falling revenues from Coal and Oil and Gas producers in the State. The deficit is expected to be made up with a combination of more program cuts and money from the states savings. Mead has indicated recently that he could ask state officials to dip into the states nearly $1.6 billion rainy day fund to help cover the deficit.  Pictured Wyoming Governor Matt Mead.

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