Wyoming

Public finance

Wyoming's biennial budget is prepared by the governor and submitted to the legislature at the beginning of each even-numbered calendar year. The fiscal year is 1 July–30 June.

For the 2003/04 biennium, executive recommendations were for a total general fund budget of $1.315 billion, with $430.3 million for education, $392.6 million for health services, $211.9 million for public safety, $158.8 million for human services, $86.7 million for general government, $51.1 million for economic development, and $38.5 for natural resources. For 2003/04, general fund revenues were projected to be $614 million and expenditures $779 million, with adjustments to be made in the course of the biennium.

The following table from the US Census Bureau contains information on revenues, expenditures, indebtedness, and cash/securities for 2001.

Wyoming

  ($000) PERCENT PER CAPITA
Population (thousands, 2001) 494 (X) (X)
Total Revenue 2,880,176 100.00 5,830.32
General revenue 2,726,669 94.67 5,519.57
Utility revenue
Liquor store revenue 47,292 1.64 95.73
Insurance trust revenue 106,215 3.69 215.01
Exhibit: Salaries and wages 390,453 14.76 790.39
Total expenditure 2,645,226 100.00 5,354.71
General expenditure 2,330,920 88.12 4,718.46
Education 772,461 29.20 1,563.69
Public welfare 329,318 12.45 666.64
Hospitals 30,118 1.14 60.97
Health 98,184 3.71 198.75
Highways 329,077 12.44 666.15
Police protection 21,593 0.82 43.71
Correction 80,018 3.02 161.98
Natural resources 132,902 5.02 269.03
Parks and recreation 18,893 0.71 38.24
Government administration 89,269 3.37 180.71
Interest on general debt 72,782 2.75 147.33
Other and unallocable 356,305 13.47 721.27
Utility expenditure 6,565 0.25 13.29
Liquor store expenditure 41,028 1.55 83.05
Insurance trust expenditure 266,713 10.08 539.90
Debt at end of fiscal year 1,346,322 100.00 2,725.35
Cash and security holdings 9,515,826 100.00 19,262.81