Sheridan College To Inform Public About Financial Losses Should Property Tax Ballot Initiative Pass

The Sheridan College Board of Trustees held a special meeting to consider a resolution that is meant to inform the public of possible effects to Sheridan College revenue if the ballot initiative known as the “people’s initiative to limit property tax in Wyoming through homeowner’s property exemption,” or “people’s initiative,” passes.

Wyoming Initiative 1 will appear on the ballot during the general election in November 2026.

If passed, 50% of the assessed value of a primary residence for qualifying homeowners would become exempt.

“It is important for the voting public to understand the ramifications of further cuts to our residential property taxes,” said SC Board Chair Tracy Swanson. “I fully support this resolution and am proud of our Board and college for taking this action.”

Trustees on a 5-1 vote (Trustee Chuck Holloway cast the lone no vote and Trustee Gary Reynolds was absent), voted to approve the resolution, which states…”trustees of Sheridan College do hereby notify the voting public in Sheridan and Johnson Counties, who make up the College’s district and service area, that the passage of initiative #1, without the addition of sufficient alternate funding, will lead to a decrease in programming and services provided by Sheridan College.”

According to SC President, Dr. Walt Tribley, recent property tax exemptions have begun to address challenges for homeowners.

A 50% reduction is excessive for those services, including the college, that people rely upon every day.

“We want to see our college full funded for our students, employers, and the community,” said Dr. Tribley. “Now more than ever our State and region need training available to maintain a healthy economy.”