Campbell County's assessed valuation will drop by more than a billion dollars
Laramie, WY – Campbell County's assessed valuation is expected to drop by about $1.6 billion this year, largely due to lower energy production and prices.
The anticipated decrease to $4.1 billion from last year's $5.7
billion means that county government likely will have $17.6 million
less to spend if the tax levy stays the same. The final numbers are
due by late June or early July.
Industry officials say drops in revenue from coal and natural
gas production are factors. Campbell County, home to the nation's
largest coal-producing region, has the state's highest assessed
A state revenue forecast for this year estimated Wyoming's total
assessed valuation at about $20.3 billion, a 30 percent drop from
the previous year.