28.05.2012 - Wyoming’s Permanent Mineral Trust Fund can’t entirely protect the budget from volatile commodity prices
The governor gave no mention what-so-ever to a source of funding that was supposed to insulate Wyoming’s budget from the whipsaw of commodities: The Wyoming Permanent Mineral Trust Fund (WPMTF) Created thirty-eight years ago this month, the WPMTF mandated that a minimum of 1.5 percent of Wyoming severance taxes on gas, oil, coal, and other minerals be placed in a constitutionally protected trust...............................................Full Article: Source
Print