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Photo Courtesy: wyoming.gov

Gov. Matt Mead presents budget to lawmakers

CHEYENNE, Wyo. — Wyoming Gov. Matt Mead is set to present his supplemental budget proposal to state lawmakers in Cheyenne.

Mead is scheduled to address members of the Joint Appropriations Committee at the State Capitol on Monday morning.

Mead is calling for $156 million in funding in addition to the existing $3.5-billion, two-year general fund budget.

Mead is asking for $27.5 million for University of Wyoming projects, $25 million in local government funding, more than $21 million for highway improvements and $18.6 million for water projects.

Mead also has said he believes that it’s time for the state to develop a clear policy for how it is managing the state’s so-called rainy day fund. There’s now roughly $2 billion in the state’s Legislative Stabilization Reserve Account.

Related: Goodrich plans startling 2015 budget amidst low oil prices

 

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