Enacted Budget – Fiscal Years 2027- 2028
Wyoming Governor Mark Gordon signed the state’s budget bill for fiscal 2027-2028 on March 5, after making a series of concise line-item technical vetoes. The biennial budget provides for total appropriations of $10.10 billion, including $3.46 billion in general funds, $2.19 billion in federal funds, and $2.27 billion in the Public School Foundation Program. The budget was based on the state’s January consensus revenue forecast, which projects total general fund net revenues of $4.35 billion for the fiscal 2027-2028 biennium, compared to $4.63 billion for the fiscal 2025-26 biennium. The forecast projects total general fund available balances of $192.8 million and a Legislative Stabilization Reserve Account of $1.3 billion.
In his veto letter, the governor thanked lawmakers for producing a budget aligned with his priorities of investing in families and communities, while strengthening Wyoming’s workforce. The governor highlighted provisions that ensure state employee pay is competitive with neighboring states and supports young families by providing an external cost adjustment for development preschools. Vetoed provisions in the budget included ones affecting programs such as economic development, the University of Wyoming, and reporting requirements that could hinder the ability of agencies to respond quickly to emerging needs. The governor also noted the need to preserve Wyoming’s constitutional separation of powers and prevent the state budget from becoming a vehicle for legislative overreach that micromanages executive branch functions, while expressing gratitude that the legislature ultimately rejected proposed sweeping cuts to an already lean budget.