State of Wyoming. Department of Revenue 2007 Annual Report

Transcription

1 State of Wyoming Department of Revenue 2007 Annual Report

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3 Department of Revenue General Information... 2 Department Organizational Chart... 3 Administrative Services Division General Information... 6 Excise Tax Division General Information... 8 Excise Distributions... 9 Excise Cigarette Tax Distributions Sales and Use Tax Distributions FY 2007 Gross Revenue Distributions by County Aggregated Sales & Use Tax Distribution Report for FY Lodging Tax Distribution Inheritance Tax Distribution Impact Assistance Tax Program Gross Revenue versus Estimated Population Chart Information Technology Division General Information Liquor Division General Information Statement of Net Earnings Net Profit in Dollars Net Profit In Percentage Case Sales Wine Report Comparisons FY06 and FY TiPS Trained Servers Mineral Tax Division General Information History of Taxable Valuation of Mineral Production Severance Tax Rates Top 25 Taxpayers by Taxable Value Rank History of Number of Producers Mineral Severance Tax Distribution State Assessed Valuations Production Year Total Mineral Taxable Value of 2006 Production by County County and Statewide Average 2007 Mill Levies Applied to 2006 Mineral Production Taxable Production, Valuation and Taxes Based on 2006 Production Property Tax Division General Information Percentage of Local and State Assessed Values Locally Assessed Valuations for the Year State Assessed Valuations for the Year Comparison of State and Local Assessed Valuation for the Years Motor Vehicle and Trailer Valuation County Taxes Levied for the Year Municipal Taxes Levied for the Year Special County District Taxes Levied for the Year Levies for K-12 Education Levies for Community Colleges Grand Total All Taxes Levied Property Tax Comparison, All Taxes Levied City and Town Assessed Valuation and Taxes Levied for the Year Private Railroad Cars i

4 Wyoming Ad Valorem Taxes Levied Proportion of Veterans Exemption Valuations and Benefits Granted for the Year Wyoming State Mill Levies and Taxable Valuation County Valuations and Classification State Assessed Valuations Top 25 Non-Mineral Taxpayers for the Year Expenditure of Property Tax Dollars Beneficiaries of Property Tax Collections Strategic Plan of the Wyoming Department of Revenue ii

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6 Department of Revenue General Information Agency Contact Edmund J. Schmidt, Director (307) W. 25 th Street, 2 West Cheyenne, WY Ed.Schmidt@wy.gov WebSite: Year Reorganized 1991 Statutory References W.S Authorized Personnel Organization Structure Clients Served 127 full-time employees; 1 part-time employee Administration Division (which includes the Human Resources section), Administrative Services Division, Excise Tax Division, Information Technology Division, Liquor Distribution Division, Mineral Tax Division, and Property Tax Division. Overall administrative responsibility is vested in the Department Director. General Public, Legislature, Taxpayers/Vendors, Cities, Towns, and Counties Administration General Fund $ 394,783. Department General Fund $ 7,411,857. Department Enterprise Fund $ 2,398,348. Department Total $ 9,810,205 Department Mission: The Agency s mission is the administration and collection of mineral and excise taxes as well as the valuation of property and the wholesale distribution of alcohol beverages and enforcement of liquor control laws for the ultimate benefit of all Wyoming citizens. The Agency envisions a customer oriented, streamlined agency that minimizes regulatory burdens and maximizes compliance with applicable laws. 2

7 Department Organizational Chart Department of Revenue Director Edmund J. Schmidt Information Technology Section L. Bruce Knutson Mineral Tax Division Craig Grenvik Administrative Services Division Christie Yurek Tax Distribution Initial Operations Validation Procurement Accounts Payable Document Processing Excise Tax Division Dan Noble Oil & Gas Valuation Accounting Maintenance Hard Minerals Audit Processing Property Tax Division Marvin Applequist Appraisal Services Group CAMA / GIS Group Liquor Division Greg Cook Taxpayer Services Western District Region 1 Region 2 Eastern District Region 3 Region 4 Accounting Purchasing Warehouse Regulatory 3

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10 Administrative Services Division General Information Division Contact Statutory References Authorized Personnel Organizational Structure Clients Served Christie Yurek, Manager (307) Administrative Services Division 122 W. 25 th Street, 2 West Cheyenne, WY Christie.Yurek@wy.gov W.S thru ; Distribution of Taxes or Fees; Safeguarding and Accounting for Taxes Accrued, W.S ; 39-13; 39-14; 39-15; 39-16; 39-17; and Full time Initial Operations, Validation, Procurement, Accounts Payable Other governmental entities, agency personnel, other state agencies Division General Funds $680,371 Division Mission: The mission of the Administrative Services Division is to maintain timely deposits on all tax payments received, to provide efficient and accurate distribution of all sales and mineral tax funds and to administer intra-departmental support services. We believe in efficient, accurate and timely reporting of taxes to each of our vendor s files and in turn to each county and municipality. We operate our Division as a customer service center, equally concerned with serving Department personnel and ensuring a daily tax deposit of the funds received that day. We strive to maintain adequate inventory, prepare proficient budget reports and ensure accurate internal accounting audits. 6

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12 Excise Tax Division General Information Division Contact Other Locations: Excise Tax Field Offices: Dan W. Noble, Administrator (307) Excise Tax Division 122 West 25 th Street, 2 West Cheyenne, WY Dan.Noble@wy.gov Casper, Gillette, Lander, Laramie, Powell, Rock Springs, Sheridan, Thayne and Torrington, Wyoming Statutory References W.S , , , through , through , through , through , ; United States Bankruptcy Codes, All Titles Authorized Personnel Organizational Structure Clients Served 37 full-time Operations Section and Taxability Section All sales tax licensed vendors, cigarette wholesalers, contractors, consumers, other state agencies, and other governmental entities Division General Funds $2,188,454. Division Mission: The Excise Tax Division s mission is to fairly and efficiently collect all sales, use, lodging, cigarette and estate tax owed the State of Wyoming and it s political subdivisions. The Division believes all vendors and Division employees should be treated with respect and fairness. The Division also believes that an on-going taxpayer education program coupled with firm and consistent collection procedures will minimize the number of delinquent accounts and maximize tax dollars for state and local government. 8

13 Excise Distributions Distribution of Monies General Fund 53% Local Govs 47% Sources of Monies Distributed to General Fund Sales Tax 82.9% Inheritance Tax 0.5% OTP 0.6% P & I 0.6% Sales Tax Use Tax Cigarette Taxes Penalties & Interest (P & I) Other Tobacco (OTP) Inheritance Tax Use Tax 11.5% Cigarette Taxes 3.9% Sources of Monies Distributed to Local Governments Sales Tax 83.0% Use Tax 12.0% Cigarette Taxes 0.8% Lodging 1.5% Impact Assistance 2.7% Sales Tax Use Tax Impact Assistance Lodging Cigarette Taxes Note that these figures are not all inclusive; rather they represent taxes presented in other areas of this report and how each tax relates to the amount distributed to the general fund and to local governments 9

14 Excise Cigarette Tax Distributions Authority: Tax Rate: W.S to $0.60 per package of 20 cigarettes, $0.75 per package of 25 or $0.03 per cigarette. A discount of 6% is given to wholesalers on purchases of stamps or metering machine settings. Fiscal Year General Fund Distributions Local Distributions Wholesaler Discount ,538,236 4,499, , ,475,597 4,311, , ,365,375 3,991, , ,342,895 3,730, , ,289,901 3,776, , ,310,385 3,829, , ,590,183 3,422, , ,604,005 3,485,462 1,474, ,027,845 3,727,680 1,462, ,043,853 3,509,440 1,503,402 The 2003 Legislature passed an increased tax rate for cigarettes from $0.12 to $0.60 per package of 20 cigarettes and from $0.15 to $0.75 per package of 25 effective July 1, Other tobacco products, such as snuff and cigars, are assessed an excise tax equal to twenty percent (20%) of the wholesale price. One hundred percent (100%) of this tax is distributed to the general fund. In FY 2007, $2,829,531 in other tobacco taxes were distributed to the general fund. 10

15 City or Town FY 07 Total City or Town FY 07 Total City or Town FY 07 Total Albany County $ 1, Goshen County $ 4, Platte County $ Laramie $ 124, Fort Laramie $ Chugwater $ 1, Rock River $ - LaGrange $ Guernsey $ 9, Lingle $ 1, Wheatland $ 37, Big Horn County $ 4, Torrington $ 71, Glendo $ 2, Basin $ 7, Yoder $ Hartville $ - Byron $ Cowley $ - Hot Springs County $ 1, Sheridan County $ 4, Deaver $ - East Thermopolis $ Clearmont $ Greybull $ 19, Kirby $ - Dayton $ 1, Lovell $ 16, Thermopolis $ 27, Ranchester $ 1, Manderson $ - Sheridan $ 192, Burlington $ Johnson County $ 4, Buffalo $ 41, Sublette County $ 8, Campbell County $ 12, Kaycee $ 2, Big Piney $ 8, Gillette $ 317, Pinedale $ 20, Wright $ 14, Laramie County $ 131, Marbleton $ 17, Cheyenne $ 401, Carbon County $ 17, Burns $ - Sweetwater County $ 24, Baggs $ 4, Albin $ - Granger $ Elk Mountain $ - Pine Bluffs $ 7, Green River $ 80, Dixon $ Rock Springs $ 235, Encampment $ Lincoln County $ 5, Superior $ - Hanna $ 5, Afton $ 18, Wamsutter $ 12, Medicine Bow $ 2, Cokeville $ 4, Baroil $ - Rawlins $ 84, Diamondville $ 2, Riverside $ 1, Kemmerer $ 26, Teton County $ 19, Saratoga $ 13, Thayne $ 14, Jackson $ 59, Sinclair $ - Alpine $ 7, La Barge $ 5, Uinta County $ 38, Converse County $ 4, Opal $ - Evanston $ 130, Douglas $ 61, Lyman $ 8, Glenrock $ 15, Natrona County $ 25, Mountain View $ 16, Lost Springs $ - Casper $ 433, Rolling Hills $ 0.84 Edgerton $ Washakie County $ 9.24 Evansville $ 33, Tensleep $ 1, Crook County $ 25, Mills $ 64, Worland $ 51, Moorcroft $ 16, Midwest $ 2, Sundance $ 11, Bar Nunn $ - Weston County $ Huelett $ 4, Newcastle $ 41, Pine Haven $ 3, Niobrara County $ Upton $ 6, Lusk $ 14, Fremont County $ 10, Manville $ - Distribution to Local Governments Dubois $ 11, Van Tassell $ - $ 3,509,440 Hudson $ Lander $ 44, Park County $ 4, Distribution to General Fund Pavillion $ Cody $ 109, $ 20,043,853 Shoshoni $ 5, Meeteetse $ Riverton $ 91, Frannie $ 2, Wholesaler's Discount Powell $ 42, $ 1,503,402 11

16 Sales and Use Tax Distributions Authority: Sales: W.S TO Use: W.S to Tax Rate: 4% state rate for sales and use tax. Counties may levy up to 2% in additional sales and use tax upon voter approval. Effective July 1, 2003, the legislature allowed for the creation of resort districts, which may impose an additional 1% sales and use tax upon voter approval. Effective July 1, 2004, Teton Village Resort District began collecting an additional 1% sales and use tax within its geographical boundaries. Sales Tax Distribution Fiscal Year General Fund Local Share ,103, ,519, ,023, ,885, ,664, ,996, ,740, ,809, ,403, ,300, ,053, ,262, ,098, ,890, ,122, ,937, ,748, ,952, ,646, ,868,458 Use Tax Distribution Fiscal Year General Fund Local Share ,417,255 18,397, ,442,450 18,983, ,998,131 21,877, ,819,348 23,063, ,221,282 27,975, ,427,247 25,169, ,198,825 26,910, ,031,825 29,990, ,153,892 37,624, ,736,370 53,722,168 Penalty & Interest on Sales & Use Tax Fiscal Year General Fund ,487, ,583, ,427, ,227, ,573, ,230, ,343, ,076, ,116, ,831,241 Notice of potential changes for FY 2008: Effective July 1, 2007, counties may levy up to 3% in additional sales and use tax upon voter approval. Effective July 1, 2007 resort districts may levy up to an additional 3% sales and use tax upon voter approval. 12

17 FY 2007 Gross Revenue Distributions by County Gross Revenues (Millions Albany Big Horn Campbell Carbon Converse Crook Fremont Goshen Hot Springs Johnson Laramie Lincoln Natrona Niobrara Park Platte Sheridan Sublette Sweetwater Teton Uinta Washakie Weston 13

18 Aggregated Sales & Use Tax Distribution Report for FY 2007 County City or Town Gross Revenue State Share Sales Tax State Share Use Tax Other* Total Municipal Distribution Local Entity Share Sales Tax Local Entitiy Share Use Tax Local Option Sales Taxes Local Option Use Taxes Albany County 9,587,079 1,726, ,621 39,015 7,433,683 1,090, ,500 4,953,605 1,111,773 Laramie 23,030,431 10,267,713 2,304, ,881 10,257,954 4,246, ,447 3,683, ,711 Rock River 194,686 88,698 19,911 1,726 84,352 36,687 8,487 31,815 7,141 Sub Totals: 32,812,196 12,083,171 2,712, ,623 17,775,989 5,374,385 1,206,434 8,668,435 1,945,625 Big Horn County 3,188,401 1,300, ,354 28,925 1,472, , , , ,582 Basin 880, , ,370 7, , ,392 47, ,036 40,665 Byron 396, ,687 51,007 3, ,015 68,564 21,500 61,655 18,296 Cowley 398, ,611 51,282 3, ,931 68,933 21,616 61,987 18,394 Deaver 125,878 54,557 16,209 1,084 54,026 21,788 6,832 19,592 5,814 Greybull 1,308, , ,208 11, , ,417 70, ,904 59,617 Lovell 1,685, , ,208 14, , ,627 91, ,342 77,552 Manderson 73,962 32,056 9, ,744 12, ,512 3,416 Burlington 177,793 77,059 22,894 1,532 76,308 30,774 9,650 27,673 8,212 Frannie-Big Horn 128,011 55,482 16,483 1,104 54,942 22,157 6,948 19,924 5,912 Sub Totals: 8,363,549 3,532,674 1,049,540 73,320 3,708,014 1,571, ,205 1,268, ,460 Campbell County 60,820,392 26,040,490 3,272, ,430 31,171,814 11,834,887 1,489,183 15,858,107 1,989,636 Gillette 88,599,069 43,507,589 5,467, ,179 39,082,453 19,114,647 2,400,535 15,605,956 1,961,314 Wright 5,896,973 2,895, ,929 36,020 2,601,248 1,272, ,775 1,038, ,541 Sub Totals: 155,316,435 72,443,855 9,104, ,629 72,855,515 32,221,766 4,049,493 32,502,764 4,081,491 Carbon County 11,235,405 2,137, ,337 41,289 8,520,884 1,126, ,579 5,597,891 1,485,373 Baggs 766, ,735 84,069 5, , ,781 36, ,428 30,150 Elk Mountain 419, ,233 46,383 3, ,091 79,879 20,266 66,443 16,635 Dixon 171,996 76,216 19,085 1,306 75,388 32,867 8,339 27,338 6,844 Encampment 965, , ,019 7, , ,304 46, ,303 38,381 Hanna 1,900, , ,898 14, , ,199 92, ,107 75,636 Medicine Bow 598, ,343 66,192 4, , ,994 28,921 94,819 23,739 Rawlins 19,909,520 8,688,580 2,175, ,023 8,896,268 3,746, ,602 3,116, ,267 Riverside 129,952 56,921 14, ,803 24,546 6,228 20,417 5,112 Saratoga 3,794,405 1,665, ,963 28,561 1,683, , , , ,538 Sinclair 920, , ,187 6, , ,983 44, ,382 36,648 Sub Totals: 40,812,784 15,087,797 3,778, ,398 21,683,552 6,710,790 1,680,405 10,243,003 2,648,323 Converse County 5,913,001 2,817, ,214 63,327 2,678,865 1,363, ,742 1,010, ,611 Douglas 7,557,394 3,649, ,457 77,432 3,373,366 1,549, ,428 1,308, ,977 Glenrock 3,125,580 1,539, ,001 32,669 1,360, ,915 81, ,223 69,182 Lost Springs 1, Rolling Hills 628, ,846 38,842 6, , ,604 16, ,138 13,923 Sub Totals: 17,225,640 8,316,835 1,042, ,017 7,686,186 3,699, ,731 2,983, ,724 Crook County 3,985,293 1,288, ,227 34,506 2,359, , ,552 1,287, ,277 Moorcroft 702, ,058 74,401 7, , ,610 30, ,370 26,687 14

19 County City or Town Gross Revenue State Share Sales Tax State Share Use Tax Other* 15 Total Municipal Distribution Local Entity Share Sales Tax Local Entitiy Share Use Tax Local Option Sales Taxes Local Option Use Taxes Sundance 1,031, , ,038 11, , ,150 44, ,101 38,394 Huelett 356, ,791 37,615 4, ,791 64,011 15,524 57,317 13,492 Pine Haven 191,520 86,945 20,467 2,183 81,925 34,830 8,447 31,187 7,341 Sub Totals: 6,266,869 2,305, ,748 60,056 3,358,447 1,025, ,405 1,652, ,191 Fremont County 16,471,759 9,850, ,377 99,201 5,780,305 4,594, , ,434 58,302 Dubois 867, ,010 40,942 4, , ,756 16, Hudson 353, ,681 17,286 2, ,487 97,425 7, Lander 6,022,064 3,875, ,649 34,752 1,820,435 1,643, , Pavillion 143,316 93,114 7, ,360 39,497 2, Shoshoni 554, ,347 26,969 3, , ,002 11, Riverton 8,212,042 5,253, ,407 47,116 2,515,644 2,228, , Sub Totals: 32,624,896 20,205,131 1,520, ,057 10,707,070 8,986, , ,434 58,302 Goshen County 3,147,685 1,438, ,219 24,933 1,465, , , ,724 81,792 Fort Laramie 129,849 63,470 9, ,771 24,901 3,783 23,458 3,609 LaGrange 177,378 86,716 13,153 1,340 76,168 34,021 5,168 32,050 4,930 Lingle 272, ,208 20,205 2, ,006 52,261 7,939 49,233 7,573 Torrington 3,134,625 1,508, ,837 23,314 1,373, ,876 89, ,591 85,772 Yoder 90,292 44,142 6, ,773 17,318 2,631 16,315 2,510 Sub Totals: 6,952,307 3,274, ,738 53,309 3,127,421 1,456, ,940 1,211, ,186 Hot Springs County 1,606, ,522 77,368 10, , ,232 45, ,699 27,751 East Thermopolis 289, ,734 15,373 1, ,021 60,584 5,932 52,992 5,514 Kirby 60,317 30,733 3, ,008 12,603 1,234 11,024 1,147 Thermopolis 3,477,512 1,710, ,964 21,025 1,568, ,360 68, ,466 63,834 Sub Totals: 5,434,239 2,632, ,904 33,920 2,494,164 1,170, , ,181 98,246 Johnson County 7,098,056 3,516, ,999 50,434 3,202,283 1,631, ,417 1,261, ,009 Buffalo 9,322,464 4,686, ,515 61,624 4,135,472 2,021, ,625 1,681, ,292 Kaycee 591, ,237 27,998 3, , ,070 11, ,335 10,042 Sub totals: 17,012,155 8,502, , ,992 7,598,221 3,781, ,830 3,049, ,344 Laramie County 39,782,337 12,049,555 1,399, ,732 26,089,913 5,959, ,654 17,363,354 2,014,997 Cheyenne 48,191,553 23,624,491 2,743, ,748 21,376,151 9,924,510 1,146,919 8,473, ,657 Burns 254, ,011 14,748 2, ,369 53,357 6,166 45,558 5,288 Albin 107,173 53,478 6,210 1,014 46,471 22,466 2,596 19,182 2,227 Pine Bluffs 1,034, ,837 59,664 9, , ,860 24, ,309 21,395 Sub Totals: 89,370,510 36,368,373 4,222, ,639 48,074,577 16,176,020 1,878,281 26,086,314 3,027,564 Lincoln County 11,273,203 4,879,631 1,260,460 69,488 5,063,625 2,283, ,283 1,750, ,119 Afton 3,353,318 1,476, ,647 19,107 1,477, , , , ,536 Cokeville 932, , ,945 5, , ,025 46, ,368 38,002 Diamondville 1,333, , ,914 7, , ,079 65, ,528 53,773 Kemmerer 4,881,716 2,152, ,058 27,862 2,146, , , , ,096 Thayne 626, ,869 71,397 3, , ,626 31,093 99,313 25,610 Alpine 1,010, , ,157 5, , ,332 50, ,182 41,306 La Barge 791, ,943 90,241 4, , ,935 39, ,525 32,369 Opal 187,397 82,817 21,356 1,072 82,151 35,483 9,301 29,707 7,660 Star Valley Ranch 2,656,619 1,175, ,071 15,195 1,164, , , , ,992

20 County City or Town Gross Revenue State Share Sales Tax State Share Use Tax Other* 16 Total Municipal Distribution Local Entity Share Sales Tax Local Entitiy Share Use Tax Local Option Sales Taxes Local Option Use Taxes Sub Totals: 27,047,090 11,832,288 3,051, ,461 12,004,095 5,262,798 1,357,141 4,244,249 1,094,463 Natrona County 16,829,264 8,158, , ,039 7,879,773 4,251, ,993 2,926, ,766 Casper 75,432,440 38,465,565 3,085, ,503 33,320,651 16,557,093 1,302,554 13,797,433 1,106,813 Edgerton 258, ,946 10,505 1, ,310 56,364 4,434 46,970 3,768 Evansville 3,580,614 1,747, ,164 25,460 1,667, ,080 59, ,727 50,275 Mills 3,915,829 2,007, ,049 29,254 1,717, ,141 67, ,110 57,766 Midwest 615, ,130 25,360 4, , ,075 10, ,394 9,096 Bar Nunn 1,414, ,239 58,179 10, , ,171 24, ,140 20,868 Sub Totals: 102,046,519 51,551,636 4,135, ,338 45,591,055 22,929,271 1,839,394 18,491,351 1,483,353 Niobrara County 1,292, ,295 54,826 7, , ,080 32, ,221 75,950 Lusk 1,344, ,045 94,332 11, , ,540 34, ,325 33,836 Manville 91,952 45,792 6, ,796 17,627 2,382 16,426 2,362 Van Tassell 16,387 8,161 1, ,914 3, , Sub Totals: 2,745,320 1,091, ,916 19,353 1,477, ,389 69, , ,569 Park County 11,841,369 6,236,050 1,043,460 74,848 4,487,011 2,949, , ,245 78,739 Cody 8,952,816 4,920, ,269 52,758 3,156,669 2,081, , Meeteetse 327, ,468 32,707 2,096 96,961 82,707 13, Frannie 27,013 16,150 2, ,988 6,833 1, Powell 5,051,697 2,992, ,670 32,085 1,526,774 1,266, , Sub Totals: 26,200,127 14,359,956 2,402, ,960 9,275,403 6,387,057 1,068, ,245 78,739 Platte County 3,133,942 1,229, ,131 21,576 1,437, , , , ,665 Chugwater 203,942 84,225 30,483 1,326 87,908 33,789 12,974 30,211 10,934 Guernsey 964, , ,296 6, , ,834 60, ,018 51,399 Wheatland 2,965,522 1,224, ,257 19,275 1,278, , , , ,993 Glendo 191,405 79,047 28,609 1,244 82,504 31,711 12,177 28,354 10,262 Hartville 63,523 26,234 9, ,381 10,524 4,041 9,410 3,406 Sub Totals: 7,523,115 3,040,039 1,100,272 50,065 3,332,740 1,352, ,382 1,090, ,659 Sheridan County 16,238,870 5,003, , ,548 10,520,731 2,433, ,499 6,941, ,902 Clearmont 125,318 62,129 7,571 1,186 54,433 26,252 3,180 22,286 2,716 Dayton 738, ,290 44,638 6, , ,771 18, ,387 16,011 Ranchester 763, ,716 46,152 7, , ,021 19, ,845 16,554 Sheridan 17,768,640 8,538,124 1,040, ,951 8,027,067 3,607, ,961 3,062, ,212 Sub Totals: 35,635,560 14,349,062 1,748, ,904 19,254,948 6,382, ,767 10,293,957 1,254,394 Sublette County 43,848,651 27,005,760 3,160, ,242 13,499,463 12,055,556 1,413, Big Piney 5,283,506 3,259, ,466 21,460 1,620,713 1,442, , Pinedale 18,447,208 11,281,696 1,320,172 74,269 5,771,071 4,993, , Marbleton 9,326,369 5,752, ,176 37,871 2,862,616 2,546, , Sub Totals: 76,905,734 47,300,029 5,535, ,842 23,753,863 21,038,230 2,461, Sweetwater County 40,826,112 8,680,138 1,663, ,491 30,327,657 4,222, ,688 21,146,828 4,112,511 Granger 430, ,606 38,261 3, ,169 87,091 16,795 71,559 13,724 Green River 34,854,221 16,143,498 3,094, ,588 15,345,717 7,043,659 1,358,348 5,787,441 1,109,950 Rock Springs 55,724,030 25,576,944 4,902, ,706 24,815,740 11,159,619 2,152,098 9,169,329 1,758,549 Superior 719, ,589 63,943 5, , ,550 28, ,591 22,936 Wamsutter 773, ,830 68,398 5, , ,691 30, ,924 24,534

21 County City or Town Gross Revenue State Share Sales Tax State Share Use Tax Other* Total Municipal Distribution Local Entity Share Sales Tax Local Entitiy Share Use Tax Local Option Sales Taxes Local Option Use Taxes Baroil 285, ,615 25,420 2, ,681 57,862 11,159 47,542 9,118 Sub Totals: 133,613,150 51,423,220 9,856, ,926 71,462,097 22,872,152 4,384,182 36,470,214 7,051,322 Teton County 36,420,014 13,331,322 1,172, ,626 21,663,419 6,039, ,189 13,870,169 1,216,669 Jackson 23,646,406 12,002,909 1,055, ,701 10,367,000 5,228, ,983 4,305, ,480 Teton Village R. D. 879, , Sub Totals: 60,946,401 25,334,232 2,228, ,327 32,910,400 11,268, ,172 18,175,872 1,595,149 Uinta County 5,436,981 2,421, ,862 50,977 2,544,393 1,266, , , ,186 Evanston 12,862,534 5,971,087 1,035, ,080 5,744,151 2,511, ,140 2,141, ,322 Lyman 2,119,255 1,005, ,350 18, , ,994 74, ,722 62,538 Mountain View 1,260, , ,729 11, , ,658 44, ,609 37,206 Bear River 521, ,520 42,913 4, , ,112 18,245 88,785 15,392 Sub Totals: 22,201,218 10,244,303 1,776, ,810 9,983,035 4,556, ,965 3,719, ,644 Washakie County 3,773,724 1,252, ,748 38,498 2,293, ,109 98,085 1,346, ,118 Tensleep 232, ,175 21,091 3,986 68,160 57,240 8, Worland 4,012,357 2,403, ,232 68,831 1,175, , , Sub Totals: 8,018,493 3,794, , ,314 3,537,292 1,687, ,782 1,346, ,118 Weston County 2,327, , ,243 19,175 1,092, , , ,404 85,814 Newcastle 2,807,683 1,257, ,086 21,911 1,219, , , , ,508 Upton 751, ,629 82,687 5, , ,755 34, ,107 29,659 Sub Totals: 5,886,521 2,572, ,016 46,966 2,637,054 1,144, , , ,981 * Other - This figure is the combined total of the following columns from the Aggregated Sales and Use Tax Distribution Report for the Fiscal Year 2007: Taxpayer Reserve Totals Admin. Fee Deduct. And Pen. Coll. (Public School Fund) 17

22 Lodging Tax Distribution Wyoming Statutes allow cities, towns, or counties to impose a tax upon lodging services over and above the sales tax to be used by the city, town, or county to promote tourism. Effective Distributions Distributions Distributions Distributions County Date FY-04 FY-05 FY-06 FY-07 Albany 1-May , , , ,110 Carbon 1-Apr , , , ,032 Converse 1-Jun-89 91, , , ,404 Crook 1-Jun-89 39,798 39,346 42,314 49,918 Fremont 1-Jun , , , ,090 Goshen 1-Jan-91 40,922 44,060 46,548 52,331 Hot Springs 1-Jun-89 57,860 63, , ,130 Johnson 1-Jun-89 98,506 96, , ,524 Laramie 1-Jul , , , ,398 Natrona 1-Jan , , , ,686 Park 1-Mar-87 1,035,990 1,054,139 1,161,285 1,248,635 Sublette 1-Jan , , , ,761 Sweetwater 1-Aug , , , ,227 Washakie 1-Oct-90 30,725 30,795 32,794 41,117 Weston 1-Jul-90 22,566 25,722 51,142 63,913 Effective Distributions Distributions Distributions Distributions City / Town Date FY-04 FY-05 FY-06 FY-07 Afton 1-Jan-93 14,503 12,178 11,225 13,251 Cokeville 1-Jan-95 2,864 1,839 1,625 2,742 Diamondville 1-Jan-01 16,238 11,842 15,080 18,206 Evanston 1-Jan , , , ,324 Gillette 1-Jun-89 until 1-227, ,699 50,714 - Guernsey 1-Jan-91 3,905 4,805 5,384 6,086 Greybull 1-Jan-91 12,014 12,465 14,092 18,191 Kemmerer 1-Jan-01 11,916 6,667 8,757 11,244 Lovell 1-Jan-89 7,033 5,997 6,706 6,642 Lusk 1-Jul-90 22,487 19,522 26,638 27,107 Sheridan 1-Jan , , , ,617 Total Lodging Tax Distributed 4,690,887 4,911,291 5,801,278 6,774,687 18

23 Inheritance Tax Distribution Authority: W.S to Tax Rate: As set under the United States laws governing federal estate taxes and the IRS Code General Fund Fiscal Year Distributions ,464, ,767, ,778, ,858, ,900, ,083, ,246, ,085, , ,510,661 19

24 Impact Assistance Tax Program Wyoming Statutes provide for counties that have a major construction project of $96.9 million or larger to recieve extra revenue in direct proportion to any increase in their tax collecitons to help with the impact caused by the project. These funds are transferred from the State General Fund to the county treasurer. Entity Sales Tax Use Tax Total FY-1998 Campbell County 2,404, ,404, Carbon County 449, , , Sweetwater County 2,847, , ,383, Town of Lyman 247, , , Town of Rock River 98, , , Totals 6,047, , ,812, FY-1999 Campbell County 1,896, , ,005, Carbon County 491, , , Sweetwater County 2,272, , ,419, Town of Lyman 197, , , Town of Rock River 107, , , Totals 4,966, , ,314, FY-2000 Campbell County Carbon County 226, , , Sweetwater County 1,960, , ,076, Town of Lyman 170, , , Town of Rock River 49, , , Totals 2,407, , ,185, FY-2001 Campbell County Carbon County 476, , , Sweetwater County 1,198, , ,340, Town of Lyman Town of Rock River Totals 1,674, , ,059, FY-2002 (No Distributions) Totals FY-2003 Lincoln County 524, , , Sweetwater County 1,114, , ,638, Totals 1,638, , ,409, FY-2004 Lincoln County 724, , , Sweetwater County 1,538, , ,987, Uinta County 156, , Totals 2,419, , ,080, FY-2005 Lincoln County 46, , , Sweetwater County 99, , , Totals 146, , , FY-2006 Campbell County 8,901, ,053, ,954, Weston County 2,014, , ,252, Crook County 1,106, , ,238, Converse County 88, , , Town of Moorcroft 130, , , Town of Douglas 325, , , Totals 12,566, ,487, ,054, FY-2007 Campbell County 6,680, ,464, ,144, Weston County 1,006, , ,224, Crook County 2,104, , ,573, Converse County 168, , , Moorcroft 26, , , Douglas 65, , , Totals 10,052, ,206, ,258,

25 Gross Revenue versus Estimated Population Chart The FY 2007 gross revenues distributed to the counties and other local governments, and the population of each county, using the 2006 estimate calculated by the Economic Analysis Division. Some counties have a large population, some counties have a large tourism industry, and some counties have a large oil and gas industry. FY 07 Gross Revenue vs Estimated 2006 Population Population (Thousands) Gross Revenues (Millions) Albany Big Horn Campbell Carbon Converse Crook Fremont Goshen Hot Springs Johnson Laramie Lincoln Natrona Niobrara Park Platte Sheridan Sublette Sweetwater Teton Uinta Washakie Weston FY 07 Gross Revenes by County (Millions) 2006 Population Estimate (Thousands) 21

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28 Information Technology Division General Information Division Contact L. Bruce Knutson, Manager (307) Information Technology Section 122 West 25 th Street, 2 West Cheyenne, WY Bruce.Knutson@wy.gov Statutory References W.S Authorized Personnel Organizational Structure Clients Served 8 full-time Applications Development, Network Services, MIS Agency Operating Divisions Division General Funds $924,058. Division Mission: The Information Technology Section s mission is to provide technical support an services to the administration and operating divisions of the Department of Revenue an efficient manner. We strive to provide these services in a timely and cooperativ fashion, emphasizing creativity and flexibility in our approach to the work. 24

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30 Liquor Division General Information Division Contact Greg Cook, Administrator (307) Liquor Division 1520 East 5 th Street Cheyenne, WY Greg.Cook@wy.gov Year Reorganized 1996, The Liquor Commission was incorporated into the Department of Revenue and became an operating Division. Statutory References W.S repealed by Laws 1996, Chapter 74; Wyoming Liquor Division created under Department of Revenue; W.S et seq. Authorized Personnel 32 full-time; 1 part-time Organizational Structure Clients Served Accounting, Purchasing, Warehouse, Compliance Licensed alcoholic beverage retailers, county malt beverage permittees, city and county licensing authorities, malt beverage wholesalers, industry representatives, microbreweries, the entire consuming public of spirit, wine and malt beverage products Enterprise Fund $2,577,247. Division Mission: The Liquor Division is charged with the dual mission of being the exclusive wholesaler of alcoholic beverages in the state and monitoring alcohol control laws. The division is also the exclusive authority to license malt beverage wholesalers and industry representatives. In addition, the division is charged with the duty of certifying to the local licensing authorities that applicants for liquor licenses meet statutory requirements. 26

31 Statement of Net Earnings Fiscal Years Ended June 30, 2006 and 2007 Fiscal Year 2006 Fiscal Year 2007 Amount % Net Sales Amount % Net Sales SALES Liquor & Wine $ 63,926, $ 72,973, Split Case Charge 532, , GROSS SALES 64,459, ,518, Less Outgoing Freight 2,513, ,672, NET SALES 61,946, % 70,845, % COST OF GOODS SOLD 52,495, % 59,086, % ADJUSTMENTS: Handling Costs 44, % 82, % Physical Inventory Adjustment (191,227.14) -0.36% (139,592.57) -0.20% TOTAL COST OF GOODS SOLD 52,348, % 59,028, % GROSS PROFIT 9,597, % 11,816, % OTHER INCOME Direct Shipment -Wine 108, % 149, % Penalty for late filing % % Beer Sales Report Fees % % Sundry % 1, % Total Other Income 109, % 151, % TOTAL GROSS SALES 9,707, % 11,968, % OPERATING EXPENSES Salaries/Overtime/Benefits 1,698, % 1,882, % Equipment, Repairs & Maintenance 599, % 350, % Data Processing/Telecommunications 63, % 59, % Computer & Information Services/Temporary Help 422, % 203, % Alcohol Server Training 67, % 81, % Breakage & Other 9, % % ** Total Operating Expenses 2,860, % 2,578, % TOTAL NET EARNINGS 6,846, $ 11.05% 9,390, $ 13.25% ** 2006 Increases due primarily to the failure of computerized warehouse management system. ** Purchase of software and hardware for new computer system, consultants, training and temporary resourc expenses. 27

32 Net Profit in Dollars Net Profit in Dollars 10,000,000 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 Net Profit 4,000,000 3,000,000 2,000,000 1,000, Fiscal Period 28

33 Net Profit In Percentage Net Profit in Percentage 15.00% 10.00% %age 5.00% 0.00% Fiscal Period 29

34 Case Sales 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 - Case Sales FY 2006 vs FY FY06 FY07 JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER JANUARY FEBRUARY MARCH APRIL MAY JUNE

35 Wine Report Comparisons FY06 and FY07 Total Wine Direct Ship Cases Sold Comparison FY06/FY07 $9,000 $8,479 $8,000 $7,000 $5,994 $6,000 $5,000 $4,000 $2,895 Total Consumer Cases 06 Total Retailer Cases 06 Total Consumer Cases 07 Total Retailer Cases 07 $3,000 $2,155 $2,000 $1,000 $0 31

36 Total Wine Direct Ship Sales Directly to Consumers FY06/FY07 $711,436 $800,000 $700,000 $535,627 $600,000 $500,000 $400,000 Total Sales Consumer 06 Total Sales Consumer 07 $300,000 $200,000 $100,000 $0 32

37 Total Wine Direct ShipTaxes Collected for Sales Directly to Consumers FY06/FY07 $90,000 $85,364 $80,000 $70,000 $64,283 Total Tax Consumer 06 $60,000 Excise Tax Consumer 06 $50,000 $40,000 $30,000 $29,409 $33,415 $39,235 $44,172 Sales Tax Consumer 06 General Fund Consumer 06 Total Tax Consumer 07 Excise Tax Consumer 07 Sales Tax Consumer 07 General Fund Consumer 07 $20,000 $10,000 $1,459 $1,957 $0 33

38 Total Wine Direct Ship Sales to Licensed Liquor Retailers FY06/FY07 $926,120 $1,000,000 $900,000 $800,000 $616,130 $700,000 $600,000 $500,000 Total Sales Retailer 06 Total Sales Retailer 07 $400,000 $300,000 $200,000 $100,000 $0 34

39 Total Wine Direct Ship Taxes Collected for Sales to Licensed Liquor Retailers FY06/FY07 $120,000 $111,177 $105,452 $100,000 $80,000 $73,929 $69,869 Total Tax Retailer 06 Excise Tax Retailer 06 General Fund Retailer 06 $60,000 Total Tax Retailer 07 Excise Tax Retailer 07 General Fund Retailer 07 $40,000 $20,000 $4,061 $5,724 $0 35

40 Licensed Wine Direct Shippers Comparison FY06/FY Total Valid Licenses 06 Total Valid Licenses

41 TiPS Trained Servers 450 TiPS Trained Servers FY 06 and FY 07 FY06 Total = 1527 FY07 Total = FY 06 FY July September November January March May 37

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44 Mineral Tax Division General Information Division Contact Statutory References Authorized Personnel Organizational Structure Craig Grenvik, Administrator (307) Mineral Tax Division 122 West 25 th Street, 2 West Cheyenne, WY Craig.Grenvik@wy.gov W.S through ; through full-time Team 1: Oil and gas registration and processing prior to posting. Team 2: Accounting, collection, and billing for all mineral taxpayers after posting. Team 3: Solid mineral registration and processing for severance and ad valorem tax prior to posting. Team 4: Reconciliation functions, Department of Audit liaison, and audit reviews. Clients Served Mineral taxpayers, other state agencies, other governmental entities Division General Funds $1,206,220 Division Mission: The mission of the Mineral Tax Division is to collect mineral severance taxes in a fair and efficient manner, and to provide county governments with an accurate certificate of the mineral production value in their respective counties for the assessment of ad valorem taxes. We believe in working closely with mineral taxpayers to arrive at the correct assessment and valuation of minerals so that state and local governments can receive their fair share of mineral revenues. We believe in honest and open communications between all stakeholders. 40

45 History of Taxable Valuation of Mineral Production History of Taxable Valuation of Mineral Production: Production Years Mineral Type Oil $1,080,018,231 $1,083,555,330 $1,244,211,776 $1,634,067,860 $2,152,842,718 $2,533,149,964 Natural Gas $3,882,089,465 $2,512,574,992 $5,265,135,004 $7,039,052,884 $10,134,180,366 $8,770,228,320 Coal $1,506,337,295 $1,760,291,304 $1,846,983,332 $2,039,556,051 $2,280,138,621 $2,884,925,775 Bentonite $26,529,607 $31,924,827 $33,415,594 $38,150,653 $43,261,849 $45,168,539 Sand & Gravel $12,942,090 $12,368,151 $12,780,176 $14,645,046 $18,249,209 $24,990,490 Trona $209,191,934 $203,324,146 $195,203,377 $198,943,291 $255,216,361 $299,227,941 Uranium $10,235,649 $9,109,718 $8,081,607 $9,334,158 $12,343,728 $17,018,989 All Other Minerals $11,381,791 $11,164,485 $10,211,157 $10,267,945 $10,142,447 $11,670,440 Total Taxable Valuation $6,738,726,062 $5,624,312,953 $8,616,022,023 $10,984,017,888 $14,906,375,299 $14,586,380,458 $16,000,000,000 $14,906,375,299 $14,586,380,458 $14,000,000,000 $12,000,000,000 $10,984,017,888 $10,000,000,000 $8,616,022,023 $8,000,000,000 $6,738,726,062 $6,000,000,000 $5,624,312,953 $4,000,000,000 $2,000,000,000 $ Production Year Taxable Value is determined by subtracting from the gross value of minerals the appropriate deductions and exemptions. The taxable value is multiplied by the appropriate severance rate to determine the amount of severance tax due. The taxable value is multiplied by the appropriate mill levy to determine the amount of ad valorem (county) tax due. 41

46 Severance Tax Rates MINERAL EXEMPTION CLASSIFICATION RATE Natural Gas BASE 6.0% Natural Gas NEW WELL 2.0% Lease Condensate BASE 6.0% Oil BASE 6.0% Oil NEW WELL 2.0% Oil STRIPPER % Oil STRIPPER % Oil TERTIARY PRODUCTION 4.0% BENTONITE BASE 2.0% CLAY BASE 2.0% DECORATIVE STONE BASE 2.0% FLEDSPAR BASE 2.0% GOLD BASE 2.0% GRANITE BALLAST BASE 2.0% GYPSUM BASE 2.0% JADE BASE 2.0% LEONARDITE BASE 2.0% LIMESTONE BASE 2.0% MISC. CONST. MATERIAL BASE 2.0% MOSS ROCK BASE 2.0% SAND & GRAVEL BASE 2.0% SHALE BASE 2.0% SODIUM PHOSPHATE BASE 2.0% SURFACE COAL BASE 7.0% TRONA BASE 4.0% UNDERGROUND COAL BASE 3.75% URANIUM BASE 4.0% ZEOLITE BASE 2.0% 42

47 Top 25 Taxpayers by Taxable Value Rank Taxpayer Taxable Value Rank Taxable Value Encana Oil & Gas (USA), Inc. 1 $ 1,545,223, BP America Production Company 2 $ 1,089,172, Thunder Basin Coal Company LLC 3 $ 712,881, Powder River Coal Company 4 $ 575,433, Burlington Resources Oil & Gas Co. 5 $ 570,428, Ultra Resources, Inc. 6 $ 522,808, Anadarko E & P Co. LLP 7 $ 484,816, Devon Energy Production Company LP. 8 $ 474,048, Marathon Oil Company 9 $ 467,461, Merit Energy Company 10 $ 426,592, Shell Rocky Mountain Production LLC 11 $ 423,999, Chevron USA, Inc. 12 $ 375,585, Lance Oil & Gas Company, Inc. 13 $ 346,553, Questar Expl. & Prod. Co. 14 $ 342,329, Foundation Coal West, Inc. 15 $ 322,937, EOG Resources, Inc. 16 $ 290,998, Williams Production RMT Company 17 $ 255,493, Caballo Coal Company 18 $ 254,586, Antelope Coal Company 19 $ 231,652, Howell Petroleum Corporation 20 $ 226,333, Yates Petroleum Corporation 21 $ 224,670, Wexpro Company 22 $ 218,805, Jacobs Ranch Coal Company 23 $ 218,390, Cordero Mining Company 24 $ 210,027, Exxon Mobil Corp. 25 $ 205,670,

48 History of Number of Producers History of Number of Producers: Production Years Mineral Type Oil Natural Gas Coal Bentonite Sand & Gravel Trona Uranium All Other Minerals Total Number of Producers 1,053 1,040 1,039 1,054 1,078 1,081 History of Total Number of Producers: ,090 1,080 1,078 1,081 1,070 1,060 1,053 1,054 1,050 1,040 1,040 1,039 1,030 1,020 1, PRODUCTION YEAR Total producers of all types of minerals for which severance and ad valorem tax is assessed. Source: Annual Gross Products returns submitted to the Wyoming Department of Revenue. 44

49 Mineral Severance Tax Distribution The following Distribution Summary reflects the net amount transferred for each fiscal year. Permanent WY Mineral Trust Fund WY Water Development Account Water Development Account II Fiscal Year General Fund Cities, Towns and Counties Budget Reserve ,716, ,234, ,640, ,428, ,548, ,773, ,762, ,381, ,312, ,976, ,157, ,885, ,975, ,963, ,787, ,069, ,872, ,797, ,892, ,400, ,966, ,233, ,674, ,827, ,234, ,754, ,715, ,841, ,115, ,119, ,707, ,747, ,450, ,499, ,902, ,908, ,171, ,707, ,542, ,116, ,747, ,590, ,489, ,664, ,710, ,164, ,123, ,753, ,686, ,719, ,085, ,082, ,040, ,779, ,779, ,243, ,934, ,409, ,834, ,822, ,716, ,269, ,474, ,071, ,356, ,442, ,638, ,690, ,764, ,317, ,242, ,323, ,980, ,108, ,298, ,441, ,858, ,412, ,860, ,340, ,133, ,984, ,274, ,552, ,003, ,945, ,784, ,579, ,200, ,660, ,781, ,588, ,782, ,678, ,038, ,493, Fiscal Year Water Development Account III DEQ Leaking Underground Storage Tanks WY Highway Fund Capital Construction Account Road Construction Capital Facilities Revenue Account ,904, ,448, ,606, ,768, ,801, ,693, ,503, ,230, ,330, ,739, , ,343, ,576, , ,584, ,382, , ,660, ,194, , ,465, ,105, ,728, , ,050, ,108, ,346, ,898, , ,736, ,450, ,922, , ,223, ,448, ,394, ,503, ,290, ,950, ,400, ,500, , ,439, ,717, ,386, ,495, ,291, ,884, ,386, ,495, , ,500, ,269, ,611, ,495, , ,211, ,159, ,611, ,495, NOTES: Distribution to the School Foundation account ended in January 2000 due to the account reaching the statutory $20,000,000 cap. 45

50 State Assessed Valuations Production Year 2006 Mineral: Crude Oil County Gross Sales Units Taxable Valuation Albany 42,017 1,809,310 Big Horn 1,897,607 84,064,833 Campbell 8,061, ,526,428 Carbon 1,421,990 81,489,167 Converse 913,157 44,322,101 Crook 1,244,793 55,060,850 Fremont 2,581, ,741,429 Hot Springs 2,136,439 85,193,684 Johnson 807,933 37,502,139 Laramie 170,724 9,314,822 Lincoln 536,448 31,971,485 Natrona 894,975 36,658,999 Niobrara 350,905 15,729,241 Park 5,747, ,869,211 Sheridan 3, ,951 Sublette 5,191, ,503,089 Sweetwater 4,904, ,800,214 Uinta 1,450,724 89,034,507 Washakie 317,672 13,908,684 Weston 151,834 8,147,561 CRUDE OIL Total 38,827,355 1,929,837,705 $400,000,000 $350,000,000 $300,000,000 $250,000,000 $200,000,000 $150,000,000 $100,000,000 $50,000,000 $0 Albany Big Horn Taxable Valuation of Crude Oil by County Campbell Carbon Converse Crook Fremont Hot Springs Johnson Laramie Lincoln County Natrona Niobrara Park Sheridan Sublette Sweetwater Uinta Washakie Weston This is the total amount of crude oil and lease condensate value subject to severance and ad valorem tax produced in Source: 2006 Annual Gross Products Returns. 46

51 Mineral: Stripper Oil County Gross Sales Units Taxable Valuation Albany 25,010 1,522,105 Big Horn 260,540 11,058,590 Campbell 132,896 54,096,256 Carbon 122,969 7,090,659 Converse 961,349 49,302,937 Crook 421,602 18,312,583 Fremont 447,073 19,525,098 Goshen 0 0 Hot Springs 1,123,296 50,228,778 Johnson 302,657 15,502,262 Laramie 99,639 5,687,301 Lincoln 71,570 3,302,853 Natrona 2,705, ,309,532 Niobrara 183,142 8,809,780 Park 2,460, ,479,725 Sheridan 16, ,794 Sublette 539,309 25,835,315 Sweetwater 15, ,632 Uinta 2, ,402 Washakie 455,396 19,418,158 Weston 932,120 49,009,499 STRIPPER OIL Total 11,278, ,312,259 $180,000,000 $160,000,000 $140,000,000 $120,000,000 $100,000,000 $80,000,000 $60,000,000 $40,000,000 $20,000,000 $0 Big Horn Campbell Taxable Valuation of Stripper Oil by County Carbon Converse Crook Fremont Goshen Hot Springs Johnson Laramie Lincoln County Natrona Niobrara Park Sheridan Sublette Sweetwater Uinta Washakie Weston This is the total amount of crude oil and lease condensate value subject to the reduced severance rate on oil wells with an average of less than 10 bbls/day (15 bbl/day if the price is less than $20.00). Source: 2006 Annual Gross Products Returns. 47

52 Mineral: Natural Gas County Gross Sales Units Taxable Valuation Albany 0 0 Big Horn 2,992,452 14,288,665 Campbell 207,839, ,389,840 Carbon 96,944, ,480,586 Converse 10,632,837 60,209,546 Crook 13,586 27,180 Fremont 182,100, ,956,882 Hot Springs 46, ,344 Johnson 103,933, ,511,952 Laramie 54, ,179 Lincoln 84,423, ,311,716 Natrona 38,907, ,527,241 Niobrara 1,619,726 7,358,695 Park 12,963,040 66,581,898 Sheridan 56,473, ,276,413 Sublette 888,533,277 3,469,877,790 Sweetwater 193,633,107 1,057,183,588 Uinta 134,260, ,553,222 Washakie 2,929,087 13,217,239 Weston 1,504,153 7,950,344 NATURAL GAS Total 2,019,805,318 8,770,228,320 Taxable Valuation of Natural Gas by County $4,000,000,000 $3,500,000,000 $3,000,000,000 $2,500,000,000 $2,000,000,000 $1,500,000,000 $1,000,000,000 $500,000,000 $0 Albany Big Horn Campbell Carbon Converse Crook Fremont Hot Springs Johnson Laramie County Lincoln Natrona Niobrara Park Sheridan Sublette Sweetwater Uinta Washakie Weston Total Natural Gas includes the value of both processed and unprocessed gas for calendar year 2006.Source: 2006 Annual Gross Products Returns. 48