The Wyoming House and Senate reached agreement on a state budget bill and sent it to the Governor.
The biggest budget compromise was on K -12 education funding. The Senate proposed cutting education funding by nearly 46 million dollars while the House wanted to cut substantially less. Casper Representative Tim Stubson told House members Monday that their version of the budget would instead cut about 34 million dollars from education in the next two years.
Wyoming lawmakers are addressing a revenue shortfall that could reach 600 million dollars by 2018, by making some budget cuts and using some of the nearly $2 billion dollars they have in savings. But things could get worse very soon, especially since the state is losing a major source of income for school construction, which is coal.