Revenue Continues to Exceed Expectations
Laramie, Wy – A new state report indicates that mineral
tax income and interest on the state's investments continue to push Wyoming's revenues ahead of projections.
General Fund income is running 12-percent ahead of projections.
That translates into 72-million dollars more than budget forecasts made in January.
Jim Robinson of the state Economic Analysis Division says economic growth -- based on sales tax income -- is statewide and across all industry sectors.
He says only two counties have seen a drop in sales tax income compared to last year.
The report also showed that the state's share of federal mineral royalties, including bids to obtain federal coal leases, totaled 673-million dollars, which is above a projected 625-million dollars.