Investment returns bolster Wyoming budget

2013-10-23T16:08:00Z 2013-10-23T23:33:12Z Investment returns bolster Wyoming budgetThe Associated Press The Associated Press
October 23, 2013 4:08 pm  • 

CHEYENNE, Wyo. — Gov. Matt Mead said Wednesday he plans to call on the Legislature to approve some level of pay raises for state employees when it convenes early next year.

Returns on Wyoming's state investments have put state revenues over $300 million ahead of this year's early budget projections. A panel of state financial experts issued the updated state revenue projections on Wednesday.

Mead says he plans to meet with legislative leaders next week to discuss the updated revenue forecast. Mead says he wants to see the state save some of the windfall and also fund some construction projects.

Mead just returned from a trade mission to South Korea and Taiwan. He says both countries are anxious to buy Wyoming coal and says the state needs to resolve transportation issues.

Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

More from the Gazette

Peabody Energy reports $778M loss in 2014; Powder River coal remains strong

Peabody Energy reports $778M loss in 2014; Powder River coal remains strong

19 minutes agoLoading…
Individual privacy bills advance to Wyoming Senate

Individual privacy bills advance to Wyoming Senate

46 minutes agoLoading…
Report ranks Wyoming low in highway safety laws

Report ranks Wyoming low in highway safety laws

59 minutes agoLoading…
Wyoming legislators debate joining balanced budget compact

Wyoming legislators debate joining balanced budget compact

4 hours ago Photos

Photos

Loading…
Education committee votes down superintendent resolution

Education committee votes down superintendent resolution

4 hours agoLoading…
House passes repeal of science standards ban

House passes repeal of science standards ban

5 hours agoLoading…
Wyoming Senate committee OKs 'right to try' drug bill

Wyoming Senate committee OKs 'right to try' drug bill

5 hours agoLoading…
From the prairie to the planets: 2 Wyomingites key to space program

From the prairie to the planets: 2 Wyomingites key to space program

5 hours ago Photos

Photos

Loading…
Belgrade man found dead in Yellowstone

Belgrade man found dead in Yellowstone

January 26, 2015 2:58 pmLoading…
Lawyers for inmate say fair death penalty hearing impossible

Lawyers for inmate say fair death penalty hearing impossible

January 26, 2015 2:01 pm Photos

Photos

Loading…
Wyoming Senate advances powdered alcohol ban

Wyoming Senate advances powdered alcohol ban

January 26, 2015 12:58 pmLoading…

Follow The Billings Gazette

Popular Stories

Get weekly ads via e-mail

Deals & Offers

Featured Businesses