SEEDA Sets Budget For 2024-25 Fiscal Year

The Sheridan Economic and Education Development Authority (SEEDA) has its budget set for the 2024-2025 fiscal year, and could soon host some special guests regarding the current big project it’s working on.

At its budget hearing on Monday (June 17th), the Authority authorized a budget of about $961,000 for the upcoming fiscal year.

About $600,000 of that will go towards the matching grant for Phase 2 of the Sheridan Hi-tech Business Park.

SEEDA Administrator Robert Briggs says details are still being worked on the possibility of the Wyoming Business Council visiting Sheridan to tour the proposed new site, near the current Hi-Tech Business Park.

“The Business Council staff will be making a visit on the grant either at the end of July or beginning of August and then the final decision on the grant, which would be the State Loan and Investment Board, the SLIB Board, that would take place in October. Definitely the Sheridan Hi-Tech Business Park Phase 2 is the project that has the board’s attention right now, and I’m sure that they’ll be on the lookout for other opportunities as the fiscal year progresses.”

Briggs says the budget for the current 2023-24 fiscal year finished about $125-thousand under what was available.