The co-chairmen of the state's revenue estimating group have briefed Wyoming's Joint Appropriations Committee Friday afternoon on projections that show the state collecting more than $100 million less than anticipated for the upcoming 2-year budget cycle. The state's earlier budget projections made in October were based on natural gas prices at $4 per thousand cubic feet. Bill Mai, who works for the Legislative Service Office, says mild weather this winter and increased gas production in other states have combined to push prices lower. Gov. Matt Mead said Friday the revenue projections could force Wyoming lawmakers to impose spending cuts on state agencies in the legislative session that starts next month. Mead said that if cuts are necessary, he would ask the Joint Appropriations Committee to give him the time to make them with precision.
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