CHEYENNE, Wyo. (AP) — Wyoming lawmakers are working on competing proposals to address a projected $300 million shortfall in K-12 education funding over the next two years. 

They're also looking to solutions for a longer-term deficit in school funding. 

Wyoming's rainy day fund of about $1.3 billion is available to cover the short-term shortfall. 

But House legislators are working on a bill that would phase in cuts of about $68 million over the next three years, and a Senate proposal would cut $130 million from the school finance model. 

The Wyoming Tribune-Eagle reports that lawmakers are working on a solution with two weeks left in the legislative session.

CHEYENNE, Wyo. (AP) — Wyoming lawmakers are working on competing proposals to address a projected $300 million shortfall in K-12 education funding over the next two years. They're also looking to solutions for a longer-term deficit in school funding. Wyoming's rainy day fund of about $1.3 billion is available to cover the short-term shortfall. But House legislators are working on a bill that would phase in cuts of about $68 million over the next three years, and a Senate proposal would cut $130 million from the school finance model. The Wyoming Tribune-Eagle reports that lawmakers are working on a solution with two weeks left in the legislative session.

Wyoming lawmakers seek solutions to K-12 funding shortfalls