Among several issues discussed last week in a conversation between Jackson town councilors and several local state legislators was the possibility of any new revenue mechanisms being passed by the Legislature in the near future, and it appears the chances for any such measure are slim to none.
The issue of revenue hits particularly close to home in Jackson, as the council undertakes setting the coming fiscal yearâs budget against the backdrop of the ongoing pandemic and potential revenue shortfalls.
Councilor Jonathan Schechter raised the issue, asking the panel of state Reps. Mike Yin, Jim Roscoe and Andy Schwartz, along with state Sens. Mike Gierau and Dan Dockstader, if it seems ârealistic to think that there will be any new revenue-generating mechanisms that will get through the Legislature.â
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Earlier this month, the Wyoming State Legislature passed SF60 that clarified some unresolved issues relating to ad valorem taxation of the state’ mineral production, specifying that the monthly payments begin January 1
st of next year.
Johnson County Commissioner has been involved in the efforts to change the tax collection from an 18-month process to monthly which has taken years…
Powering Up Wyoming encourages you to stay informed about Wyoming power and resources.
In a year that saw declines in revenues across many sectors, some Wyoming counties saw year-over-year increases in revenue due to industrial wind facilities’ construction. This critical industry is on the rise as it joins oil, gas, and coal as a critical Wyoming resource that powers American.
For years Wyoming’s economy has been depending on a few sectors. Our need to diversify has been at the forefront of state and local leaders. Wind is ready to play a leading role in supporting local communities and providing millions in local revenue. Revenue that funds roads, schools, first responders, and many essential infrastructure elements that keep our Wyoming families and communities thriving.
Credit J. E. Stimson / Wyoming State Archives
The Wyoming State Legislature has approved $24 million for water development. Some of that funding will go towards fixing the unsafe LaPrele dam near Douglas.
The dam was built in 1909. Brandon Gebhart, the director of the Wyoming Water Development Office, said they have found cracks along the structure.
Because of that, the dam can only safely store roughly half of its normal capacity. Gebhart said the structure needs to be either fixed or replaced. When they fail, they fail catastrophically. It s not just starts with a leak and the leak gets a little bigger and a little bigger and a little bigger, he said. It s believed that these types of dams, once failure occurs, then the entire dam is gone and the whole wall of water behind it is flowing through it.
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SF64 is set to cut 10% of the direct distribution funds that support county and municipal government operations.
The reduction comes as no surprise and was expected prior to the convening of the current Wyoming State Legislature’s General Session.
In fact, State Senator Dave Kinskey serves on the Joint Appropriations Committee commented on the possible reduction in January and that the cut could possibly have been even greater…