CREG projects $85 million increase in state revenue

Bob Beck — Mon, 22 Oct 2012 23:15:51 +0000

Wyoming got some good news from the latest Consensus Revenue Estimating Group report, but it won’t be enough to stop budget cuts from occurring. CREG reports that state revenue should increase by $85 million, mainly from projected Sales and Use tax revenue.

But Governor Matt Mead says that will not be enough to keep him from suggesting eight-percent budget cuts to the legislature.

CREG Co-Chairman Bill Mai says the group is cautious about a downturn in the coal industry, but they remain hopeful about other energy prices.

Wyoming revenue picture is not as dismal as some suggest

Bob Beck — Wed, 30 Nov 2011 15:22:11 +0000

The administrator of Wyoming’s Economic Analysis Division says the state’s long range economic forecast is that revenues for energy development should be stable. Some lawmakers contend that recent revenue reports suggest that Wyoming will have less money in the future, and they want state agencies to trim budgets between five and eight percent.

creg

CREG projects $85 million increase in state revenue

Wyoming revenue picture is not as dismal as some suggest