Budget Cycle

Governor Submits Budget
November (3rd Monday)

Fiscal Year Begins
July 1

Governor Signs Budget 

Budget Links

FY2023-2024 supplemental (enacted)
FY2023-2024 supplemental (proposed)
FY2023-2024 (enacted)

FY2021-2022 supplemental (enacted)
FY2021-2022 (enacted)
FY2019-2020 supplemental
FY2019-2020 (enacted)

Proposed Supplemental Budget - Fiscal Year 2024

In 2022, Wyoming enacted a two-year budget for fiscal 2023 and fiscal 2024. On November 18, 2022, Wyoming Governor Mark Gordon submitted a supplemental budget proposal to the legislature for the current biennium. The original enacted budget called for $2.8 billion in general fund/Budget Reserve Account (BRA) appropriations for the fiscal 2023-2024 biennium. The supplemental proposal recommends increases of $913 million compared to the enacted budget. The proposal is based on a projected excess of $1.03 billion in general fund estimated revenue above enacted appropriation levels. The rainy day fund - the Legislative Stabilization Reserve Account (LSRA) - is expected to end fiscal 2024 with a balance of $2 billion.

Proposed Budget Highlights 

The governor’s supplemental proposal focuses on making investments in strategic savings, responding to inflation, and addressing other urgent matters the state is facing. The supplemental proposal includes the following recommendations:

Strategic Savings

  • Puts $412 million into the Permanent Mineral Trust Fund.
  • Moves funds into the Common School Permanent Land Fund.
  • Leaves $2 billion in the rainy day fund (Legislative Stabilization Reserve Account)
  • Allocates $8 million to the Cultural Trust Fund and $5 million to the Wyoming Natural Resource Trust.
  • Puts $35 million in Wyoming’s Tomorrow Fund.


  • Funds a second year of the property tax relief program.
  • Increases payments to long-term care facilities and increases the reimbursement rate for dental care to Medicaid recipients.
  • Allocates $50 million towards construction projects the legislature has already approved.
  • Sets aside $13.7 million for other inflationary costs related to delivering state services including travel, food at state facilities, and healthcare.
  • Proposes passage of the external cost adjustment for teachers.
  • Proposes $61 million for an employee compensation proposal to retain and recruit the workforce for the state.
  • Proposes a one-time injection of $68 million to pay for an increase in benefits to retirees.


  • Allocates funds to implement the expansion of capacity at state facilities and to make improvements to how the state delivers mental health care.
  • Puts special revenue into the Mental Health Board to effectively manage the increased number of application and process new requirements set forth by the legislature to help increase the number of certified providers in Wyoming.


  • Allocates funds to add levels of security to nearly 100 applications in use by the State of Wyoming.


  • Requests $500,000 for hydrologic modeling.
  • Requests $3 million for predator control and to control invasive species.


  • Increases the budget for the Gaming Commission to add more personnel to manage the expansion of gaming in the state.
  • Recommends making funds available now to address school facilities in need of remedy.
  • Adds $10 million back to the Mineral Royalty Grant program.
  • Allocates $50 million to the energy matching fund.
  • Directs $26 million to be distributed to local governments.