Wednesday, June 29, 2016

Wyoming Gov. Matt Mead announces massive budget cuts - Matt Murphy, Wyoming Tribune Eagle

In light of the downturn of Wyoming's mineral extraction industry and associated state revenues, Gov. Matt Mead announced proposed budget cuts of more than $200 million at a meeting of the Legislature's Joint Appropriations Committee Tuesday morning. Those cuts and associated losses of federal funds could result in hundreds of layoffs throughout the state, including in the private sector. Almost three-quarters of the state's general fund goes to five entities - the Department of Health, the University of Wyoming, the Department of Corrections, community colleges and the Department of Family Services. Those agencies will bear the brunt of the cuts. http://www.wyomingnews.com/news/new-wyoming-gov-matt-mead-announces-massive-budget-cuts/article_74b1ca66-37ca-11e6-81a0-4b903d393d24.html