At their regular meeting Tuesday night, the Buffalo City Council heard reports from State Senator John Schiffer (R-Kaycee) and from State Representative Mike Madden (R-Buffalo) on what citizens and municipalities in the state can expect from the upcoming Legislative session.
Schiffer told the council that revenues for the state and then in turn for local governments are projected to be signifcantly lower this year, and it is time for everyone to prepare to tighten their belts.
Schiffer explained that Governor Matt Mead had balanced the budget and had $80 million left over on the table in his recommended budget submitted to the legislature. Since then, revenue projections have eaten that $80 million surplus and another $50 million that must come out of the budget during this session.
Madden reported that $135 million for local governments will be available this year, but the debate will be how to split those funds between consensus funds and direct dispersement funds. The hope is to have close to a 50/50 split, he said.
Also on the agenda, according to Madden, is HR 51 which will address Industrial Siting reform, to help ensure that local governemnts receive those funds.
The Wyoming Legislative session begins Monday in Cheyenne.