Mead Says More Wyoming Budget Cuts Coming
CHEYENNE, Wyo. (AP) — Wyoming Gov. Matt Mead says he's alerting state agency directors to brace for further budget cuts in the face of falling revenues.
Mead early this summer cut roughly $250 million from the $3 billion state general fund budget legislators approved earlier this year.
Mead told The Associated Press on Wednesday it's not clear yet how much more agencies will have to cut in the two-year budget cycle that started in July.
Wyoming is the nation's leading coal-producing state and state revenues are being hit hard by falling coal production. Federal figures show Wyoming coal production this year running more than 25 percent below the same period last year.
Wyoming lawmakers say it's no surprise the state needs to make more budget cuts when the Legislature convenes early next year.