CHEYENNE — With Wyoming facing a structural revenue deficit worth hundreds of millions of dollars in its K-12 education fund, state lawmakers narrowly rejected a proposal to raise mill levies on properties to supplement education funding during a committee meeting last week.
The proposal, which the Joint Revenue Committee turned down by a tied 7-7 vote Thursday, would have gradually added nine mill levies, meaning the amount that can be taxed based on a property’s assessed value, for real, personal and industrial properties.
During the committee meeting, proponents of the legislation argued it...
Reader Comments(0)