Surplus Lower This Year

Cheyenne, WY – The state is not quite as rich as it was at the end of 2006. New projections for revenue are 250 million dollars lower than estimates done in October. This still leaves the state legislature with 500 million dollars of surplus. The chair of the House Appropriations committee Frank Philp says the drop will have an impact though. Philp says the good news is they funded all the operational expenses of government last year. And even with a downturn in revenue things like the Hathaway Scholarship are still solvent.