Wyoming

Wyoming

Budget Cycle
Biennial

Governor Submits Budget
November (3rd Monday)

Fiscal Year Begins
July 1

Governor Signs Budget 
March

Budget Links

FY2025-2026 supplemental (proposed)
FY2025-2026 (enacted)
FY2023-2024 supplemental (enacted)
FY2023-2024 (enacted)
FY2021-2022 supplemental (enacted)
FY2021-2022 (enacted)

Proposed Supplemental Budget - Fiscal Years 2025-2026

In 2024, Wyoming enacted a two-year budget for fiscal 2025 and fiscal 2026. On November 14, 2024, Wyoming Governor Mark Gordon submitted a supplemental budget proposal to the legislature for the current biennium. The original enacted budget called for $3.1 billion in general fund/Budget Reserve Account (BRA) appropriations for the fiscal 2025-2026 biennium. The supplemental proposal recommends increases of $225 million in general funds/BRA funds compared to the enacted budget. The proposal is based on a projected excess of $426 million in general fund estimated revenue above enacted appropriation levels. The state’s rainy day fund, the Legislative Stabilization Reserve Account (LSRA), is expected to end fiscal 2026 with a balance of $1.6 billion. 

Proposed Supplemental Budget Highlights 

The governor’s supplemental budget proposal focuses on controlling the expansion of the operating budget while responding to emergencies and unforeseen or unknown circumstances. The supplemental proposal includes the following recommendations: 

Attorney General’s Office

  • Recommends funding two senior, experienced attorney positions 
  • Expands the Coal Litigation Fund to ensure Wyoming has the resources to protect all of its natural resources from federal overreach 

Education/Workforce

  • Requests funds to complete Phase III of the Wyoming Innovation Partnership
  • Recommends earmarking a portion of the final budget for an efficiency study of higher education

Public Safety

  • Provides funds to the Department of Corrections to pay for costs of housing prisoners elsewhere while prisoners transition back to Wyoming
  • Provides continued behavioral health services to prisoners who are nearing release

Water

  • Requests additional funds to ensure Wyoming has the means to protect and adjudicate interstate water rights as necessary 
  • Adds three FTE positions to the State Engineer’s Division IV Field Office 
  • Directs funds for the replacement of the current North Platte River modeling system

Healthcare

  • Increases the Medicaid rates for OB services
  • Increases rates for behavioral health providers and in-home health providers 

Natural Resources

  • Funds the treatment of invasive annual grasses on private and state land 
  • Recommends setting aside funds in the Wyoming Wildlife and Natural Resource trust to be available to deploy for a comprehensive restoration program

Property Tax

  • Directs additional funds to the Department of Revenue for the property tax refund program
  • Allocates funds to the Office of State Lands to pay the property tax bill on state lands

Capital Projects

  • Recommends funding school capital construction projects
  • Recommends restoring the State Building Commission’s contingency fund


Proposed Budget Information
Fiscal 2025-2026 Supplemental Budget Proposal 

Governor’s Press Release 

Revenue Forecast (October 2024)