Budget Overriding Concern for Legislature
by K2 News Desk, email@example.com
House Speaker-elect Tom Lubnau says putting together the supplemental state budget will be the overriding concern when the 2013 Wyoming Legislature opens on Tuesday.
Financial analysts say the state needs to brace for flat revenues over the next several years. Declining demand for coal and increasing natural gas production in other states will mean less energy related revenue.
Governor Mead has proposed that all state agencies cut their budgets by an average of 6.5%.
Mead also wants legislators to pass a 10-cent a gallon increase in state fuel taxes. The Governor says that would bring in an additional $70-million a year for state and local road projects.