Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Local Government Finance topic
No spam. Unsubscribe anytime.
Committee clears cleanup allowing conservation districts to enter contracts and borrow against mill levy revenue
Summary
Senate File 43 repeals archaic 1941 language that limited conservation district supervisors from entering contracts unless full cash was on hand; the committee approved the technical fix after testimony from the Wyoming Association of Conservation Districts.
Senate File 43, described by its sponsor as a statutory cleanup, cleared the Travel, Recreation, Wildlife & Cultural Resources Committee after proponents said it would modernize a 1941 provision and allow local conservation district supervisors to enter contracts and, when necessary, pledge future mill levy revenues as security for loans.
Sponsor remarks: Senator Hicks said the existing statute is archaic and cited examples of districts borrowing for vehicles, buildings and equipment; he noted that since 1990 conservation districts may seek a mill levy, which the districts can use as pledge security when borrowing.
Support: Holly Kennedy with the Wyoming Association of Conservation Districts said the measure originated through the association's policy process and would help districts secure short‑term operating capital or longer‑term financing for infrastructure while waiting on grant reimbursements.
The committee approved the bill by roll call and agreed to send it to the Senate.
