Interest on the trust account will generate approximately $600,000 in 2006. This amount will be used for projects. In addition, the Wyoming Legislature has added $1,500,000 for projects in the coming year.
The Wyoming Wildlife and Natural Resource Trust Account was created with a Legislative allocation of $15 million in 2005, and is anticipated to grow to $200 million over time. In 2006, the Legislature added $25 million to the corpus of the trust account, bringing the total to $40 million.
In addition, the Legislature added $3 million to a "challenge account," matching any and all contributions to the Trust on a dollar-for-dollar basis. Funds will be released any time contributions total $5000 or more. This adds the potential for an additional $6 million in the account, if matching funds are contributed in the next two years. The Wyoming Wildlife Federation made an initial contribution of $1,000 in March to begin this process.
The Trust Account will generate approximately $600,000 in July 2006. The Wyoming Legislature allocated an additional $1.5 million to fund on-the-ground projects throughout the state.
Applications will be accepted at any time during the year. Deadlines for funding periods are March 31 (for July allocations) and September 30 (for January allocations). Applications should be made as far in advance as possible, to allow projects to be initiated. For example, prescribed Spring fire projects would need to be funded in January.
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