The coal industry in Wyoming contributes more than $1 billion in revenue annually in taxes, royalties and fees to state, county and local governments. A strong coal economy has helped Wyoming improve its schools, its highways, and other local projects.
Because of declining domestic consumption of Wyoming coal, Wyoming has had to cut nearly $500 million – half a billion dollars – from its budget. As a result, cities, towns and counties must cut their funding by 35%. Additionally, local officials have experienced depressed revenue streams through dropping sales and property taxes, resulting from coal industry layoffs and a down turning economy. Demands on roads, water lines, and other infrastructure will continue to be stretched, as will important community programs.
Our coal and the support industry companies are also excellent community neighbors. These companies contribute hundreds of thousands of dollars each year to community causes, schools, and other philanthropic activities.