Governor Mark Gordon released his budget for the next two fiscal years, charting a fiscally conservative path that keeps ongoing spending low and calls for a significant reduction in capital construction. Governor Gordon says the proposal funds standard agency budgets without cuts for this biennium and limits ongoing costs. Furthermore, he says also keeps the use of the Legislative Stabilization Reserve Account or “rainy day fund” solely for legislatively-mandated educational needs and for supporting local communities.
Consequently, Governor Gordon pointed out that additional spending cuts are on the horizon and appear imperative to keep Wyoming moving forward. His proposal does call for some one-time investments, including funding for research and development that supports the state’s energy industry, school safety enhancements, facilities that align with the state’s economic needs, and one-time technology additions that will make government more efficient.
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