(Cheyenne, Wyo.) – Governor Matt Mead took time today to thank the outgoing Director of the Wyoming Department of Revenue, Ed Schmidt, who is retiring and announce that Dan Noble will be the new Director, subject to confirmation by the State Senate.
Governor Mead commended Schmidt for his service to the State of Wyoming. Schmidt has served as Director of the Department of Revenue since 2003, prior to that he was appointed to the State Board of Equalization. “It is a testament to Ed’s record that he was first appointed by a Republican Governor 15 years ago, served under a Democratic Governor and continued his service in my administration,” Governor Mead said. “I appreciate his efforts to use technology to modernize the Department of Revenue and better serve the public.”
The Department of Revenue (DOR) is the primary tax collection agency for the state. The agency is specifically charged with administration and collection of all mineral severance taxes, sales and use, cigarette and estate taxes. It also is responsible for certifying the value of all minerals, utilities, and certain large industries for Ad Valorem tax purposes to the counties. The DOR collects over $1 billion dollars in severance tax revenues annually and an additional $1 billion dollars in excise tax revenues.
Noble has been Administrator of the Excise Tax Division since 2000. He is from Riverton, is a veteran and a graduate of the University of Wyoming.
“I am pleased Dan was willing to step forward into this leadership position. The Department of Revenue deals with hundreds of millions of dollars each year and I am confident he will continue to ensure it operates efficiently and continues to be a good steward of taxpayer money,” Governor Mead said.
“It is indeed an honor and privilege to be selected by Governor Mead. I look forward to serving the citizens of Wyoming, the business community and local government in a manner which demonstrates an understanding of their challenges. I will strive to provide consistency, certainty and fairness in the administration of Wyoming’s taxes,” Noble said.
Ed Schmidt is retiring on July 1st. He said, “During my tenure as Director I have been blessed with outstanding, professional employees. Together we had several significant accomplishments including the construction of the new Wyoming Liquor Division warehouse, implementing a statewide software system with County Assessors for valuing property and a property tax refund program.”