Mead Releases Biennial Budget

Governor Mead Releases Biennial Budget
Governor Mead Releases Biennial Budget

CHEYENNE, Wyo. (AP) - Wyoming Governor Matt Mead says the current tough economic times make it critical for the state to continue to invest in state and local government infrastructure. Mead on Thursday rolled out his proposal for a $3.4 billion two-year budget for the fiscal period that starts next July and runs through June 2014. His budget calls for an additional $100 million in spending over the current biennium.

While some key lawmakers are calling for spending cuts, Mead emphasized that the state needs to invest in roads, bridges and other infrastructure to keep the economy strong. He's proposing over $150 million in capital construction projects, an increase of about $80 million over current levels. Local government groups applauded Mead's call to give local governments $168 million, a slight increase over current spending.

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