Mead unveiled his budget recommendations for the upcoming 2017-18 biennium during a news conference Tuesday.
The governor’s plan includes using nearly $450 million from the $1.8 billion Legislative Stabilization Reserve Account, which is more commonly known as the rainy-day fund.
This money would be used for a variety of purposes, including:
– $152.7 million for building projects at the University of Wyoming, community colleges and other state facilities;
– $90 million for cities, towns and counties;
– $37.5 million for the State Capitol renovation project;
– $35 million for one-time agency funding requests; and
– $25 million for highway projects.