Wyoming’s state agency budgets are being cut by $248 million over the next two years due to falling energy revenue, according to an announcement Gov. Matt Mead made on Tuesday. Mead told lawmakers in Cheyenne that the sharp declines require cutting the $3 billion state general fund budget that legislators approved earlier this year.
Six homes were destroyed and 50 were damaged by an EF-3 tornado that struck Baker, Montana, on June 11. Before the dust completely settled, a team of Powell contractors was on the scene to help with repairs — free of charge.
Wyoming Gov. Matt Mead is set to unveil budget cuts on Tuesday that he says likely will require a small number of state employee layoffs even as the state guards its massive "rainy day fund" against the possibility the current downturn in energy production will last for years.