Wyoming Revenues Exceed Projections

Wyoming Revenues Exceed Projections
Wyoming Revenues Exceed Projections

CHEYENNE, Wyo. (AP) - Wyoming saw more money pour into state coffers in the fiscal year that ended in June than state analysts had predicted. The state's general fund, which covers many government operations, received over $1.1 billion - nearly $180 million ahead of projections.

Wyoming also took in nearly $400 million in additional revenue from taxes and royalties on energy production. Jim Robinson is a senior economist with the state's Economic Analysis Division. He says spending by consumers and businesses rose as employment numbers improved over the year. He says nine out of 11 industry sectors recorded gains in jobs over the year. Robinson says Wyoming also benefited from better than expected natural gas and crude oil prices and unexpected investment income.

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