- Associated Press - Thursday, June 29, 2017

GILLETTE, Wyo. (AP) - The assessed valuation of Campbell County in northeastern Wyoming has dropped by $1.1 billion between 2016 to this year.

The Gillette News Record reports (https://bit.ly/2t5AtJM ) the county’s assessed valuation, or taxable value of property, fell to $4.183 billion in 2017 put it close to the same level it reached in 2006. The county’s assessed valuation has seen a steady decline since it set a record for reaching $6.2 billion in 2015.

County Assessor Troy Clements has a majority of the loss was due to a $700 million decrease in the assessed valuation in the local coal industry.

County officials say they’ve made several changes to the budget and full-time positions and drastically cut the budget for a capital construction project to become more efficient.

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Information from: The Gillette (Wyo.) News Record, https://www.gillettenewsrecord.com

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