Fiscal Year 2013 has been a good year for Wyoming economically. The Consensus Revenue Estimating Group, or CREG, report says the state’s general fund exceeded 2013 projections by $333 million.
Governor Matt Mead says much of that comes from investments. Mead cautions that revenues from coal and natural gas are lackluster, but says oil did better than expected.
New numbers from the Wyoming Economic Analysis Division show the state’s general fund standing at about $920-million after an additional $73-million came in during May.
Investment income led the way, contributing 14% more than expected.
Bill Mai is with the Wyoming Economic Analysis Division.