State Investments Garner $250 Million in '04 Income
Laramie, WY – Wyoming's financial picture is enjoying the best of both worlds. Not only are high energy prices continuing to bring in more state revenue, but the investment climate has also treated Wyoming well. The state of Wyoming enjoyed nearly $250 Million in 2004 investment income. State Treasurer Cynthia Lummis says Wyoming's investment portfolio saw a 6.2% total return last year. That beat their benchmark of 5.1%. Lummis says that when the Legislature convenes in 2006, lawmakers will once again have large quantities of excess revenue to spend, or to save.