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.
($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 |