Measure would redirect account funds and support public schools

The measure would direct most money in the strategic investments and projects account to the general fund. The provision covers money in that account, except money in the Wyoming state penitentiary capital construction account, along with certain unpaid or returned funds and future revenues. Funds already appropriated or obligated by July 1, 2026, would be paid from the general fund. Money that would otherwise return to the strategic investments and projects account would instead go to the general fund. The transfers would occur on July 1, 2026; the state auditor would report the transferred amounts by October 31, 2026, and October 31, 2027.

The measure would set aside money from the legislative stabilization reserve account for the public school foundation program account. The provision covers fiscal year 2027 and every fiscal year afterward. The amount would equal 45 percent of the amount that may be credited to the legislative stabilization reserve account under the cited law. The money would come only from uncommitted and unspent funds available for expenditure in the stabilization reserve account. The provision would apply in fiscal year 2027 and each fiscal year after that.

The measure would direct the state treasurer to transfer up to $10 million each year to the Wyoming state penitentiary capital construction account. The provision concerns unobligated money identified for transfer from the strategic investments and projects account to the penitentiary construction account. The transfer would be limited to $10 million or the amount available, whichever is less. Transfers would stop on July 1, 2038. The stated transfers would begin for fiscal year 2027 and continue each fiscal year through the stated stopping date.