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The school has increased student fees slightly and is looking for other cuts to help buffer the impacts.
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Big changes in public services might be coming soon to some Wyoming communities.
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The program exists to help Wyomingites who are struggling to pay their property taxes.
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Cuts will hit hardest in counties with limited alternative revenue like tourism and natural resources.
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Another changes the calculation used in performance compensation plans in the state treasurer’s office.
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Single-family homeowners will see a 25% cut applied to the first $1 million of their home's fair market value. Funding for local governments that will lose property tax revenue because of it was removed from the bill’s final version.
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Secretary of State Chuck Gray certified the initiative that would slash half of residential property taxes for homeowners who’ve lived in Wyoming for at least a year. Critics of the idea worry about how the loss of tax revenue could impact school districts and other local government services.
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The amendment creates a separate rate of taxation for all residential property.
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The initiative would slash 50 percent of residential property taxes for homeowners who’ve lived in the state for at least a year. The Secretary of State’s office released a review of the initiative’s 28,700 signatures gathered across Wyoming, finding that it still needs over 1,000 more to be included on the ballot for the 2026 election.
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Last week Gov. Mark Gordon inked four bills that will give property tax relief to thousands of Wyomingites. Then he vetoed another, which could mean that lawmakers will return to Cheyenne for a special session.