Wyoming’s investment returns likely to help budget

Published



CHEYENNE, Wyo. (AP) — Gov. Matt Mead’s office says the latest Wyoming revenue figures continue to support his position that the state probably won’t have to cut agency budgets in the coming year.

The state’s Economic Analysis Division issued a report on state revenues this week. It says that as of the end of March, Wyoming’s multi-billion-dollar Permanent Mineral Trust Fund was holding $218 million in realized but undistributed capital gains. Other state investments hold another $105 million in capital gains.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.