Thursday, October 8, 2015

Trimming $200,000,000

Yesterday Governor Mead announced that he intends to trim $200,000,000 from next year's budget.  That's $200,000,000 from a $9,300,000,000 budget, so while its a decline, it's still not a decline that even takes a billion out of the budget.  It's also, it should be noted, a budget that reflects revenue from more than one source.  I.e., not just coal and oil.

But those coal and oil revenues are dropping, and the budgetary chickens are starting to come home to roost. 

What will be trimmed hasn't really been announced yet, although there's some concern that the University of Wyoming will be among the state institutions hit. And it unfortunately comes at a time when a judiciary study shows that several Wyoming judicial districts could really use additional judges.

Even now I find some people in denial about the slow down having an impact, and I will say that in some cities around the state it seems construction is still going on like mad.  But certain signals are hard to ignore.

No comments: