Thanks to dropping energy prices, Wyoming’s sales tax collections are down 75 million dollars compared to the same time last year.
The State Economic Analysis Division says after the first six months of the fiscal year, sales and use tax collections have declined by 17 percent compared to the same time period last year. Economist Jim Robinson says it’s been awhile since Wyoming has seen such a downturn.
“You know you probably have to go back to the recession of 2008 to see numbers we are looking at right now I think.”
Robinson says Campbell County saw the biggest decline losing over 20 million dollars. Converse County saw a decline of almost 17 million dollars. Only six counties in the state saw a sales tax revenue increase.
