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Fewer 'recapture' districts spell trouble for school funding


Green River Star -
 
July 15, 2021
For the first time in decades, Campbell County will not send excess revenue to the state’s School Foundation Program, the primary statewide school fund.
The county’s shift from a “recapture” to an “entitlement” district reveals changing economic dynamics among state communities.
It also underscores the risk inherent in Wyoming’s reliance on mineral extraction to provide equitable and adequate funding for each district, no matter its local economic health.
“I think it says a lot about the state of Wyoming,” Wyoming Education Association’s Government Relations Director Tate Mullen said. Some historically mineral-rich counties are generating less revenue for a statewide school funding model that depends on coal, oil and natural gas extraction to serve students across the state. ....

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LCCC study: Wyo residents can afford more taxes


Wyoming residents can afford to pay more in taxes, argues an analysis by the Laramie County Community College’s Center for Business and Economic Analysis, citing the state’s already low tax burden and relatively inexpensive cost of living.
The analysis, drafted last December, was presented to the Joint Revenue Committee on May 11 as part of an interim discussion on the state’s tax structure. It expands on a 2020 Legislative Service Office study that compared Wyoming’s median tax rates to those in surrounding states like Nebraska, Montana and the Dakotas.
That study found Wyoming could generate more than $800 million in new revenues per year without hurting its competitiveness with those other states, all of which have seen substantially higher population growth over the last decade. ....

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LCCC study: Wyo residents can afford higher taxes - Casper, WY Oil City News


LCCC study: Wyo residents can afford higher taxes
The restored Wyoming State Capitol building is seen at night on Feb. 11, 2020, in Cheyenne. (Dan Cepeda, Oil City File)
Wyoming residents can afford to pay more in taxes, an analysis by the Laramie County Community College’s Center for Business and Economic Analysis argues, citing the state’s already-low tax burden and relatively inexpensive cost of living.
The analysis, which was drafted last December, was presented to the Joint Revenue Committee Monday as part of an interim discussion on the state’s tax structure. It expands on a 2020 Legislative Service Office study that compared Wyoming’s median tax rates to those in surrounding states like Nebraska, Montana and the Dakotas. ....

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