Governments to see ‘big increase’ in funding
By Cara Froedge Jackson Hole, Wyoming
March 3, 2008
Teton County and Jackson are poised to see more money in their coffers next fiscal year from a budget the Legislature approved Friday.
The Wyoming House and Senate voted to split the $340 million available for local government funding, allocating half according to the House formula and half according to the Senate plan, The Associated Press reported.
That means Teton County will receive more money than last fiscal year, said Rep. Keith Gingery, R-Jackson.
“We’re going to see a big increase,” he said.
The House and Senate had passed two different budgets. A conference committee worked in recent days to resolve the issues and allocated $170 million to the House’s version of the budget and $170 million to the Senate’s plan.
Gingery said Teton County would have seen even more funding had the House’s version of the budget bill been passed but this spending plan still bodes well for the county.
Gingery said it appears Teton County may receive $2.15 million and the Town of Jackson may get $2.62 million, with a block grant of $6.5 million.
Those funds would be split between fiscal year 2009 and 2010 as the state sets its budget on a two-year basis.
In the last budget, the town received $1.6 million and the county $1.3 million, with a block grant of $1.8 million.
According to The Associated Press, the $3.5 billion budget bill now goes to Gov. Dave Freudenthal, who will have three days after receiving it to decide whether to line-item veto any items.
The legislative session is scheduled to adjourn Friday.