Disciplined Savings and Stewardship

What to do with a windfall? That question loomed large in Wyomings 2023 general legislative session, after a 2022 budget session focused on revenue shortfalls and budget reductions. As such, Wyomings rich history of boom-and-bust economics continues, albeit with increasing skepticism among the state...

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Bibliographic Details
Published in:California journal of politics and policy 2024-01, Vol.16 (1), p.1-19
Main Authors: McConnell, Jason, Schuhmann, Robert
Format: Article
Language:English
Subjects:
American Rescue Plan Act 2021-US
Budgets
Expenditures
Extractive industries
Gasoline prices
Income taxes
Interest income
Investments
Natural gas prices
Pandemics
Property taxes
Public finance
Public officials
Severance taxes
State employees
Tax refunds
Tax revenues
Taxation
Trust funds
Volatility
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Summary:What to do with a windfall? That question loomed large in Wyomings 2023 general legislative session, after a 2022 budget session focused on revenue shortfalls and budget reductions. As such, Wyomings rich history of boom-and-bust economics continues, albeit with increasing skepticism among the states elected officials. The 2023 legislative session saw notable new spending in areas such as property tax relief and public employee wages but also produced significant financial investment in many of Wyomings rainy day funds.
ISSN:1944-4370
2194-6132
1944-4370
DOI:10.5070/P2CJPP16163070