CHEYENNE, Wyo. — Governor Mark Gordon added details to his budget proposal, according to a press release issued by his office yesterday, Dec. 15.
The details were presented in 21 supplemental budget letters to the Legislature’s Joint Appropriations Committee (JAC) this week.
Property tax relief was one of those details. “Many Wyoming low-to-moderate income households struggle to meet the increased burden of rising property taxes, especially those on fixed incomes. As established by the legislature, the Wyoming Property Tax Refund program is designed to help provide relief to our citizens most impacted by the regressive economic effects of inflation,” Gordon said in a prepared statement.
According to Gordon, “the Property Tax Relief program offers a hand-up for our seniors and low-income households struggling to make ends meet right now.”
The press release noted that the Department of Revenue saw a record number of 2021 property tax refund applications, with nearly two-thirds of the biennium budget expended in the first year. Gordon’s proposed budget requested an additional one million to continue helping qualifying Wyoming households over the next year.
“Wyoming has long been recognized as an energy leader, and we have an opportunity to be an advanced energy fountainhead through the 21st century,” Gordon said. “My goal is to leverage these funds to the greatest extent possible to benefit Wyoming’s energy industry. This fund shows Wyoming’s commitment to be available for the millions of dollars of federal funding from the Infrastructure Investment and Jobs Act (IIJA) and the Inflation Reduction Act for C02 capture, hydrogen hub and rare earth pilot and demonstration projects.”
The Governor’s budget letters and supplemental budget proposal can be viewed on the State Budget Department’s website.
