UW Prepares For A Decline In State Revenue

LARAMIE, Wyo. (AP) - The University of Wyoming has conducted $250 million in construction projects since the state entered a gas boom eight years ago.

New buildings include a new library, college of business and luxury boxes at War Memorial Stadium, to name a few.

Now the boom is over and university trustees have cut state-funded spending by $18 million and eliminated 45 positions as UW prepares for a decline in state revenue.

UW President Tom Buchanan says he hopes the university won't need to make more cuts. But he says he can't rule out that possibility.

This year's cuts at UW are small compared to recent growth at the university. But more tough times could be in store. Economists don't expect Wyoming's economy to turn around any time soon.

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