As natural gas prices go lower, Governor Matt Mead (R-WY) is asking state agencies to prepare for 8 % cuts by the end of this year.
A reduction of 8% would result in a cut of $74.5 million dollars from the budget in fiscal year 2014, which starts on July 1st, 2013. Governor Mead has also asked state agencies to immediately institute a cap on staff positions. The Department of Health is exempt from preparing cuts because the Legislature has already directed the Department of Health to make 4% cuts. The instruction to other agencies is to prepare potential cuts.