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Laramie City Council and Albany County commissioners hosted a public meeting on the potential impacts of the 50% property tax cut that will be on the ballot this November.
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While deep diving into Wyoming’s tax structure, lawmakers reviewed bills that could change data centers’ tax rate and require companies to report more information about tax exemptions.
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The volunteer fire department is looking for community support to purchase a side-by-side to help get them quicker to rural fires.
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The agreement, granted by a district court, is designed to minimize disruptions to Wyoming’s tax system.
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Lawmakers passed a bevy of bills to change and fund education, health and incentivize National Guard and wildland fire positions, among other things.
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Wyoming sits behind Florida, Texas, California, Delaware and New York. Business-friendly policies and limited taxes contribute to businesses registering in the state.
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The board says the 4% cap on residential property prevents equal assessments and raises constitutional concerns.
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Companies have long registered in Delaware because of its favorable business environment. But Wyoming’s low tax rates, cryptocurrency industry and chancery court could be making them change course.
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Libraries across the state have already faced budget cuts in recent years. If passed in November, a new ballot initiative further reducing property taxes could sink them, and other public services, into the red even more.
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Last year, the community hub was facing a lot of uncertainty around potentially catastrophic state and federal funding cuts. We hear how all that’s shaken out and what else it’s been cooking up.