Lawmakers review tax structure again
May 13, 2021
CHEYENNE — With Wyoming facing an annual funding shortfall worth roughly $300 million for its K-12 education system, lawmakers on the Joint Revenue Committee spent much of their meeting Monday reviewing how the state pays for its services, as well as how its economic lynchpins have changed over the past decade.
Wyoming, which has long relied on coal, oil and natural gas industries to pay the lion’s share of taxes in the state, has seen a substantial decline in revenues over the last decade.
From the 2013-14 biennium to the 2017-18 biennium, the state’s total operating revenues declin...