Its been one week since the Wyoming State Legislature wrapped up the 2010 Budget Session in Cheyenne. Speaker of the Wyoming House of Representatives Colin Simpson stopped by the Sheridan Media studios Thursday to discuss some of the issues from this year's session. Sheridan Media's Ron Richter has more.
Most local government's around Wyoming had hopes that the Legislature would tap into the Legislative Reserve Account to allow more funding to be distributed to municipalities around the state. Speaker of the House Colin Simpson comments on why the reserves were left alone.
Currently there is approximately $700 million in the Legislative Reserve Account. The budget will go into effect July 1st of this year, and Simpson says the Legislature will convene some six months later to determine if there are any changes that can be made.
Simpson said that education funding, Medicaid and the retirement system were three major reasons why legislators choose not to use any of the reserve funds this session. Be sure to join us Monday, where we'll hear from Simpson on a bill that he co-sponsored that ultimately died in the Senate.