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GOVERNOR: WYOMING FINANCIAL OUTLOOK REMAINS GRIM – MORE BUDGET CUTS LIKELY

A state financial report released Monday showed a General Fund shortfall of $451.1 million and a school funding shortfall of $300 million, according to a news release from Gov. Mark Gordon.

The Consensus Estimating Revenue Group’s forecast is slightly better than projected in May, but the state’s revenue collections have experienced a significant decline.

“I have a fundamental belief that we must live within our means,” Gordon told the Joint Appropriations Committee, comprised of members of the State House and Senate.

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