The Wyoming Legislature will have an additional $141 million in revenue to use while setting a budget for the next three years, a new report shows.
The annual document, released Tuesday by the Consensus Revenue Estimate Group, also reveals that the state earned $244 million more than expected during the fiscal year that ended in June.
Much of the additional realized and projected revenue comes from the energy sector, which Wyoming relies on for the majority of public funds, rather than consumer spending. Any comeback in mining will mean an improved budget picture for the state, which is currently hundreds of millions of dollars short in both its general fund budget and the funds that cover the cost of education in the state.