Official Says Surplus Could Be Short Fix
Cheyenne, Wy –
Despite the disagreements over savings and spending, many government officials are excited about Wyoming's billion-dollar surplus. But officials warn that virtually the entire surplus is minerals related. That means the rest of Wyoming's economy is struggling. Steve Sommers is a budget analysist for the Legislative Service Office. He has concerns about non-mineral sources of revenue. He says those numbers don't look nearly as good in the future as mineral numbers. Sommers says that is why a lot of lawmakers worry about saving money during the upcoming session, because they fear that the state will be headed back into economic doldrums in the not to distant future. That is why Governor Freudenthal has said he wants to use some of the surplus to try and spur the rest of the states economy.