state budget impact

The city of Laramie is joining the state of Wyoming in setting a hiring freeze until the state’s financial difficulties get sorted out. 

Laramie City Manager Janine Jordan notes that the state is cutting its current budget by 200 million dollars and state lawmakers will likely cut back on local government spending as energy prices remain low. 

Greg Goebel / Wikimedia Commons

While it would appear to some that improvement in natural gas prices will mean that the state won’t have the revenue crisis some predicted earlier this year, there is a new concern. 

The co-chairman of Wyoming’s Consensus Revenue Estimating Group says it surrounds coal and coal prices.  Bill Mai says it is something that members of the group are watching closely.