Kinskey Speaks On Legislative Session With Buffalo Council

Kinskey Speaks On Legislative Session With Buffalo Council

State Senator Dave Kinskey (R-Sheridan) spoke to the Buffalo City Council at their Monday meeting to give his take on what is likely to happen during the upcoming legislative budget session next month.

Senator Kinskey talked about the deficit in Governor Matt Mead's proposed budget that is expected to be upwards of $300 million, of which about $250 million will be in education funding, he said.

He discussed the problem legislators will face with revenue and expenses the state needs to balance.

Kinskey identified six ways legislators have to deal with the deficit,
which included found money, such as through investments; an upswing in the economy; through tax hikes; using funds in savings; diversions; and through cuts.
All are on the table for discussion and consideration, according to Kinskey.

Kinskey said there was some good news from the Consensus Revenue Estimating Group (CREG) report that was released Monday, that estimated the state will have an additional $37 million available for the current biennium, and by their estimates, possibly $68.7 million more available in the 2019-20 biennium.

Kinskey also said he believed local governments could expect $105 million for direct sistribution funding this year, the same amount as last year.

Kinskey touched on the proposed purchase of water rights in Lake DeSmet, which is again expected to be an item of discussion this year in the legislature, and we will have more on that in an upcoming story.

SheridanWyoming.com

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