20.09.2016 - Wyoming considers changes in investment strategy |
As Wyoming turns over financial rocks looking to ease its budgetary shortfall, the Legislature and state Treasurer’s office have focused their attention on the crown jewel of the state’s revenue system: the Permanent Wyoming Mineral Trust Fund. Created in 1975, the fund receives 2.5 percent of all severance taxes collected from minerals in Wyoming. The permanent fund has a current market value of $7.3 billion..............................................Full Article: Source |