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Laramie leaders press Wyoming lawmakers on tax-shift options, warn of local impacts
Summary
City financial staff briefed state legislators Nov. 24 on proposals to stabilize local government distributions — including a draft to divert a fixed share of state sales and use taxes — and stressed potential trade-offs for Laramie residents, infrastructure and local option taxes.
LARAMIE, Wyo. — City finance officials and Laramie City Council members met with Albany County and state legislators on Nov. 24 to outline how competing state proposals to change local government funding could affect the city’s budget, services and residents.
Ben Wade, Laramie’s administrative services director and chief financial officer, told the roundtable the Legislature is considering two approaches to stabilizing local government distributions: a standalone direct-distribution appropriation and a change to the sales-and-use-tax distribution formula. Staff described a working draft that would return about 5.6% of state sales and use tax collections to local governments; local associations had sought an 8% return. Wade said the 5.6% draft was being discussed as a means to create a more stable, formula-based…
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