Wyoming May Take $144 Million From State Savings

wyoming-flag-graphicGovernor Matt Mead released his preliminary budget for 2017 yesterday. The Governor has proposed using $144 million from the states $1.6 billion rainy day fund to help cover the nearly $400 million budget shortfall. Mead is also calling for Wyoming to issue $80 million in bonds to help fix structural problems at the Rawlins prison, and for the state to spend the $49 million it received last year in unexpected revenue. The budget will now have to be reviewed and passed by the States Legislature when they convene on January 10th.

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