The Voice of the Community Since 1909, Serving Moorcroft and Pine Haven, Wyoming
The Voice of the Community Since 1909, Serving Moorcroft and Pine Haven, Wyoming
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CHEYENNE — The Wyoming Department of Transportation faces a shortfall in revenue of around $400 million each year, and the state is digging through the couch to find ways to increase revenue with minimal consequences for commercial and residential drivers. The combination of commercial drivers, cross-country travelers and extreme weather conditions means constant upkeep for Wyoming’s interstate highways. WYDOT is responsible for administering and distributing gasoline, diesel and alternative fuel taxes in the state, with a significant por...
CHEYENNE — Members of the Joint Revenue Committee moved to draft legislation during their Monday meeting that would amend the state constitution and implement an acquisition value property tax system in Wyoming. An acquisition value property tax system assesses a property at its market value from the time the property was purchased, with limited annual tax increases until the property is resold, according to the Lincoln Institute of Land Policy. Acquisition value is defined under HB 100 as “the purchase price paid for the acquisition of pro...
