Governor Matt Mead said the goal for his first biennial budget was to strike a balance between being fiscally conservative and capitalizing on opportunities to invest in Wyoming. So far, the governor is receiving praise across the state.
Mead says that Wyoming is strong, and he wants to support that.
Mead says that the budget still has cuts.
The budget proposes a $17 million reduction in ongoing spending. Mead says that he is still looking for ways to slow spending.
According to a media release from the governor's office, the proposal recommendations include $168 million for cities, towns and counties, mostly for infrastructure and major maintenance, $15 million for landfill and remediation or closure,$100 million for highways and roads, $21 million for the Wyoming Wildlife and Natural Resources Trust, $39.4 million for water projects, $15 million for meg data center and technology company incentives, $247 million for school capital construction projects, $55 million for University of Wyoming education projects, and $28.5 million for community college capital construction.
Finally, Mead talked about investing in Wyoming, and giving local governments $168 million.
The $3.4 billion two-year budget asks for an additional $100 million in spending over the current biennium. According to the Associated Press, the $150 million in capital construction projects is about $80 million more than current levels.
Information from the Associated Press was used in this report.