By: Chad Franzen Posted at: 02/08/2010 06:54 AM
CHEYENNE, Wyo. (AP) - State lawmakers are gathering in Cheyenne this week to start crafting a budget for what experts predict will be a lean next couple of years.
In round numbers, state revenue forecasters predict the state will have roughly $3 billion available for General Fund spending in the two-year budget cycle that starts in July. That's down roughly $1 billion from the current two-year budget.
Senate President John Hines, R-Gillette, and House Speaker Colin Simpson, R-Cody, say they don't support dipping into the estimated $700 million in reserve funds the state expects to have by July.
They say Wyoming needs to save against a very uncertain future.
