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WYOMING

Wyoming

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    • Headlines

      Lawmakers Jockey Over Budget Surpluses

      Stateline | by Elaine S. Povich | April 22, 2014

      According to NASBO, Kentucky and many other states have put the emphasis on restoring funding to education this year. A still incomplete survey of states showed that the vast majority are increasing elementary and secondary education funding, along with transportation and infrastructure.

    • Headlines

      Pace of pension reform ebbs after 49 states change laws

      Hazel Bradford | by Pensions & Investments | April 15, 2014

      While the sense of urgency has diminished, reform attempts have become a legislative staple, as public retirement systems continue to grapple with unfunded liabilities and political pressure to change.

    • Headlines

      State government dependence on federal funding growing at alarming rate

      The Washington Examiner | by David Freddoso | April 15, 2014

      Only 11 states depended on the federal government for more than one-third of their total revenues in 2001. By 2012, 24 states found themselves in this situation. SBS partnered with the Washington Examiner partnered to expose this trend of increased state dependency.

    • Headlines

      Rich States, Poor States

      ALEC | by Arthur B. Laffer, Stephen Moore and Jonathan Williams | April 15, 2014

      Using years of economic data and empirical evidence from each state, the authors identify which policies can lead a state to economic prosperity. Rich States, Poor States not only identifies these policies but also makes sound research-based conclusions about which states are poised to achieve greater economic prosperity and those that are stuck on the path to a lackluster economy.

    • Headlines

      Rebounding economy fills state coffers with record tax revenues

      Washington Post - GovBeat | by Reid Wilson | April 10, 2014

      State governments collected more than $846 billion in tax revenue in the last fiscal year, the highest amount ever reported, as a rebounding economy boosted coffers hit hard by the recession.

    • Budget timeframe: Biennial

      Fiscal Year begins: July 1 

      The current state budget can be found here

      Find the legislative session calendar here.

      Find the current legislative leaders here.

       

       

      WY Gov Mead

      Gov. Matt Mead
      Office of Governor Matt Mead
      State Capitol Building
      Room 124
      Cheyenne, WY 82002
      Phone: (307) 777-7434
      Fax: (307) 632-3909
      http://governor.wy.gov/

       

       

       

      Bret A. Jones, Administrator
      Department of Administration & Information
      2001 Capitol Ave., Emerson Bldg., Room 104
      Cheyenne, WY 82002-0060
      Phone (307) 777-7203
      Fax (307) 777-3688
      http://ai.state.wy.us/budget

       

      Want a more robust, long-term look at your state's fiscal health, beyond the budget? There are two parts: Click here for the FY2012 Comprehensive Annual Financial Report (CAFR) compiled by the state government, and click here for information on the state's pension liabilities

       

      Wyoming's "balanced budget" requirement comes in a limit the issuance of debt. Article 16 of the 1869 Constitution states that no debt in excess of taxes can be created. Wyoming law forbids the carrying over of a deficit from one year to the next.

      Budgetary information with the State's CAFR is presented in a consistent manner all three years. However due to a lack of page numbers, information is difficult to locate and keep track of. For FY2006 and FY2007, the State maintained 5 major governmental funds: the General, the Foundation Program, the Legislative Reserve, the Common School Land, and the Permanent Mineral Trust Funds. For FY2005, the State reported those same funds with a single exception; instead of the Legislative Reserve Fund it maintained the Budget Reserve Fund.

       

      For each fiscal year, only three of the five major funds are budgeted. It is unclear how many of the total non-major funds are budgeted. Judging from the differences between actual and budgeted figures, it is likely that few of the total non-major governmental funds are budgeted. The Budgetary Comparison Schedules are missing beginning and ending balances.  [from the Institute for Truth in Accounting]

       

      Find the state's bond ratings here.

       

      Wyoming Liberty logo

    • Medicaid :

    • HEADLINES

      Little-Known Health Act Fact: Prison Inmates Are Signing Up

      New York Times | by Erica Goode | March 11, 2014

      In a little-noticed outcome of President Obama’s Affordable Care Act, jails and prisons around the country are beginning to sign up inmates for health insurance under the law, taking advantage of the expansion of Medicaid that allows states to extend coverage to single and childless adults — a major part of the prison population.

    • HEADLINES: Wyoming

      Wyoming governor says no to Medicaid expansion

      Washington Post | by Reid Wilson | December 4, 2013

      Wyoming Gov. Matt Mead (R) said Friday he doesn’t want his state to accept federal funding to expand Medicaid coverage, due to problems with the rollout of the Affordable Care Act so far.

    • View All Wyoming articles
    • Solutions

      How Reality-Based Budgeting Can Permanently Resolve State Budget Gaps

      State Budget Solutions | by Bob Williams | November 7, 2012

      State Budget Solutions recommends that state legislators take action in 2013 to resolve the serious state financial crises by changing their focus from inputs to outcomes by redesigning budgets from the ground up based on priorities and performance.

    • Solutions

      How to Prevent Future Pension Crises

      by Cory Eucalitto | November 1, 2012

      The time for state and local governments to offer defined contribution retirement plans that protect both taxpayer dollars and public employee retirement security is now.

    • Solutions

      State Lawmakerís Guide to Evaluating Medicaid Expansion Projections

      The Heritage Foundation | by Edmund F. Haislmaier and Drew Gonshorowski | October 17, 2012

      Supporters of Obamacare claim that expanding Medicaid will entail little to no cost to state governments, since the federal government will fund the vast majority of the additional costs. Indeed, some analyses project states achieving savings from adopting the expansion. However, state lawmakers should be wary of accepting such analyses at face value.

    • Solutions

      Medicaid Is BrokenóLet the States Fix It

      The Wall Street Journal | by Paul Howard and Russell Sykes | October 15, 2012

      Block-granting Medicaid is the best way to deliver better, cost-effective care to the most vulnerable Americans.

    • Solutions

      The Case for Reform: Prisons

      Right on Crime | August 1, 2012

      Prisons are supremely important, but they are also a supremely expensive government program, and thus prison systems must be held to the highest standards of accountability.

    • Headlines

      Lawmakers Jockey Over Budget Surpluses

      Stateline | by Elaine S. Povich | April 22, 2014

      According to NASBO, Kentucky and many other states have put the emphasis on restoring funding to education this year. A still incomplete survey of states showed that the vast majority are increasing elementary and secondary education funding, along with transportation and infrastructure.

    • Headlines

      Pace of pension reform ebbs after 49 states change laws

      Hazel Bradford | by Pensions & Investments | April 15, 2014

      While the sense of urgency has diminished, reform attempts have become a legislative staple, as public retirement systems continue to grapple with unfunded liabilities and political pressure to change.

    • Pace of pension reform ebbs after 49 states change laws

      Hazel Bradford | by Pensions & Investments | April 15, 2014

      While the sense of urgency has diminished, reform attempts have become a legislative staple, as public retirement systems continue to grapple with unfunded liabilities and political pressure to change.

    • Headlines

      State government dependence on federal funding growing at alarming rate

      The Washington Examiner | by David Freddoso | April 15, 2014

      Only 11 states depended on the federal government for more than one-third of their total revenues in 2001. By 2012, 24 states found themselves in this situation. SBS partnered with the Washington Examiner partnered to expose this trend of increased state dependency.

    • Headlines

      Rich States, Poor States

      ALEC | by Arthur B. Laffer, Stephen Moore and Jonathan Williams | April 15, 2014

      Using years of economic data and empirical evidence from each state, the authors identify which policies can lead a state to economic prosperity. Rich States, Poor States not only identifies these policies but also makes sound research-based conclusions about which states are poised to achieve greater economic prosperity and those that are stuck on the path to a lackluster economy.

    • Headlines

      Rebounding economy fills state coffers with record tax revenues

      Washington Post - GovBeat | by Reid Wilson | April 10, 2014

      State governments collected more than $846 billion in tax revenue in the last fiscal year, the highest amount ever reported, as a rebounding economy boosted coffers hit hard by the recession.

    • Headlines

      Pew's latest pension report understates unfunded liabilities, but still shows growing pension problem

      by Cory Eucalitto | April 4, 2014

      While Pew's report relies directly on state-reported numbers that understate the size of unfunded liabilities, it nonetheless shows tremendous growth in unfunded liabilities since 2008.

    • Pew's latest pension report understates unfunded liabilities, but still shows growing pension problem

      by Cory Eucalitto | April 4, 2014

      While Pew's report relies directly on state-reported numbers that understate the size of unfunded liabilities, it nonetheless shows tremendous growth in unfunded liabilities since 2008.

    • Headlines

      U.S. public pension gap widened to nearly $1 trillion in fiscal year 2012

      Reuters | by Robin Respaut | April 2, 2014

      The unfunded liabilities of public-employee pension plans rose by 10 percent in fiscal 2012 to a record $914 billion, hit by low investment returns, missed contributions and unfunded benefits, underscoring the pension funding crisis in U.S. states and cities, a report by the Pew Charitable Trusts said.

    • U.S. public pension gap widened to nearly $1 trillion in fiscal year 2012

      Reuters | by Robin Respaut | April 2, 2014

      The unfunded liabilities of public-employee pension plans rose by 10 percent in fiscal 2012 to a record $914 billion, hit by low investment returns, missed contributions and unfunded benefits, underscoring the pension funding crisis in U.S. states and cities, a report by the Pew Charitable Trusts said.