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Wyoming state budget (2011-2012)
| Note: This article was last updated in 2012. Click here for more recent information on state budgets and finances. |
The 2011-2012 budget can be found here.
State spending by agency for the 2010-2012 biennium can be found here.
The state ended FY 2011 with a surplus of $427 million.[1]
Supplemental budget
In 2010, then-Governor Dave Freudenthal announced that the state had $1 billion in liquid savings.[2] He then proposed a supplemental budget providing cities and counties with an additional $50 million and an extra $50 million for state highways.[3] The supplemental budget also allocated $66.2 million toward making up a Medicaid funding shortfall and $83 million for energy research at the University of Wyoming.[2]
Gov. Mead proposed a supplemental budget, but the Joint Appropriations Committee of the legislature drafted its own supplemental budget bill. They diverged from the governor's proposal on funding for local governments and funding of the state's School Facilities Program.[4]
Regular State Budget
The state legislature finalized a $2.9 billion state funds budget for the biennium that ran through mid-2012.[5]
The Consensus Revenue Estimating Group, the state's budget analysts, raised state revenue projections in October 2010, estimating that the state would have $580 million more for its general operating and reserve accounts as well as an additional $392 million in school construction and operating funds in the budget cycle that ran through June 2012.[5] When lawmakers returned to the capitol in January 2011, they had the choice to spend the additional funds on a more than $1.2 billion supplemental budget.[5]
Footnotes
- ↑ The Billings Gazette, "Wyoming lawmakers face save or spend decision," September 22, 2011
- ↑ 2.0 2.1 The Billings Gazette, "Freudenthal proposes more money for counties, cities, towns and highways," November 16, 2010
- ↑ The Wyoming Tribune Eagle, "Supplemental budget to include more for roads, municipalities," November 16, 2010
- ↑ Bloomberg, "Wyoming Legislature to tackle budget this week," February 14, 2011
- ↑ 5.0 5.1 5.2 The Los Angeles Times, "Rebounding Wyoming economy, led by energy industry, boosts state revenue projections," October 22, 2010 (dead link)
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