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#1 2021-01-21 19:57:10

Tallex
Administrator

When the Pandemic Gutted Oil Revenues, Wind Power Rescued Wyoming’s Ca

When the Pandemic Gutted Oil Revenues, Wind Power Rescued Wyoming’s Capital City
It’s “the goose that’s laying the golden egg.”

https://www.motherjones.com/environment … ital-city/


So the city did the hard work of laying off 18 employees and cutting funds for travel and training. And then a surprising thing happened: The huge deficit never arrived. In fact, over the summer, the city brought in more tax revenue than the year before.

Between July and September, Cheyenne saw a 20.5 percent increase in tax revenue compared to 2019. In September alone, the increase was a staggering 83 percent, or $1.4 million. “I was in shock when I saw it,” said Lockman. She feared the good news was a mistake, so she called the Wyoming Department of Revenue to confirm the numbers. “The tax reported was legitimate, and was due to the Roundhouse Wind Project,” said Lockman, referring to an energy development west of the city.

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