School District 1 Trustees Eye Budget

Sheridan County School District 1 trustees approved use of an insurance bonus next year. (Photo from Sheridan Media files)

Sheridan County School District 1 is projecting expenditures of just over $16 million for the first year that starts on July 1, including $15.7 million for the physical school buildings and around $660,000 for the virtual academy.

District trustees got their first look at those preliminary figures in a work session this past week.

The district’s Business Manager Jeremy Smith said 2020 revenues are projected at $16.85 million, due in part to an increase in students in both the brick-and-mortar schools and the online academy.

In addition to receiving more money from the state as a result of enrollment increases, Smith said the district also will get additional funds due to an external cost adjustment from Wyoming’s Legislature and additional funds from the state for health insurance for district employees.

He cautioned trustees that the budget wasn’t “set in stone,” and some additional work remained to be done before the numbers could be finalized.

Be the first to comment

Leave a Reply

Your email address will not be published.