Governor Continues Push to Get Additional $20 Million in Property Tax Relief to Wyoming People

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FOR IMMEDIATE RELEASE

January 9, 2024

CONTACT: Michael Pearlman, Communications Director

Governor Continues Push to Get Additional $20 Million in Property Tax Relief to Wyoming People

CHEYENNE, Wyo. ? ? Governor Mark Gordon has submitted his first budget letter to the Legislature?s Joint Appropriations Committee (JAC), requesting $20 million to expand the Property Tax Refund program to provide additional targeted relief to Wyoming homeowners.

In the letter, the Governor notes the impact of inflation on Wyoming people and that double-digit property value increases occurred in 20 of Wyoming?s 23 counties last year.?

?Wyoming?s homeowners continue to experience significant increases in property tax assessments, even as they wrestle with prices at the grocery store, in their utility bills, and in the many other necessary expenses of living,? the Governor wrote. ?Challenges remain for many low-to-moderate income Wyoming households struggling to afford what in many cases are significantly increased property tax bills. This issue is particularly acute for those on fixed incomes.?

The Property Tax Refund Program assists low-income taxpayers with rising property tax bills. In 2023 the Governor signed a bill that expanded eligibility requirements and relief. Last year, the program helped more than 9,000 Wyoming families,? with more than $8 million in refunds distributed, with the average refund being approximately $938.

?Targeted relief ensures that those who need assistance the most get it without eroding tax revenue from local governments,? Governor Gordon said.

The Governor?s budget letters include several items previously included in his budget profile, and reflect some of his budget priorities and requests for the 2024-25 biennium.

The Governor?s letter may be found here.

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