Wyoming’s “Rosy” Financial Picture

As a non-budget year, Wyoming’s 2011 biennial legislative session yielded few significant financial decisions. With an approximate $1 billion surplus, Wyoming remains one of three states without a budget shortfall. With the nation’s least diversified economy, Wyoming’s governor warns state agencies...

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Bibliographic Details
Published in:California journal of politics and policy 2012-10, Vol.4 (3), p.259-272
Main Authors: Schuhmann, Robert A., Skopek, Tracy A.
Format: Article
Language:English
Subjects:
budget
conservative
surplus
taxes
western state budget report
Wyoming
Online Access:Get full text
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Summary:As a non-budget year, Wyoming’s 2011 biennial legislative session yielded few significant financial decisions. With an approximate $1 billion surplus, Wyoming remains one of three states without a budget shortfall. With the nation’s least diversified economy, Wyoming’s governor warns state agencies to be prepared for budget cutbacks in the near-term due to a downturn in the extractive industries brought about by a slowing national economy. Our rainy day funds remain intact and conservative financial planning keeps the state oncourse.
ISSN:1944-4370
DOI:10.1515/cjpp-2012-0039