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Finance committee flags governor’s biennium proposal as likely to reduce Wyoming City Schools funding by roughly $300,000 annually
Summary
Finance committee members reviewed January income tax collections, benchmarking data and tax rates and warned the governor’s proposed biennium budget would cut the district by about $300,000 in each year of the next biennium; district officials noted the potential for higher local levies if state support shrinks.
Wyoming Board of Education finance committee members told the board that the governor’s proposed biennium budget would reduce Wyoming City Schools’ state funding by about $300,000 in each year of the next two‑year budget cycle, and they outlined the district’s near‑term fiscal outlook.
At the committee update, staff said January income tax collections rebounded and are expected to end the year roughly 1% above the prior year rather than the 3% forecast the district had targeted. The…
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