Mayors push lawmakers to consider tax options amid budget crisis
August 26, 2020
CHEYENNE – With Wyoming facing a projected $1.5 billion revenue shortfall over the next two years, a few mayors from across the state asked lawmakers Monday to start seriously considering new taxation options.
In response to the budget crisis – which emerged from long-term declines in Wyoming’s energy industries and was accelerated by the COVID-19 pandemic – the state has already cut about 10% of its state agency budgets, totaling about $250 million.
But for mayors who testified to the state Legislature’s Joint Revenue Committee on Monday, cuts alone won’t be enough.
Cody Mayor...
For access to this article please
sign in or
subscribe.
Reader Comments(0)