Trustees Approve $320 Million NCSD Budget For FY15
Trustees with the Natrona County School District have formally approved a roughly $320 million budget for the upcoming fiscal year.
Board treasurer Paula Reid said the budget, which was approved unanimously during Wednesday meeting, was propelled higher by the continuation of several major district construction projects.
“The normal operating budget is probably at around $200 million,” Reid said. “The rest of (the money) is going into the construction of the buildings we’re seeing happening here.”
Reid also said the budget also includes benefit increases and a nearly 1.4 percent cost of living increase for district employees. District superintendent Steve Hopkins said the COLA included in the budget was the first seen in five years.
Reid also said the budget does not include any of the items that were on May’s failed bond election ballot.
District trustees passed a roughly $290 million budget for the prior fiscal year.
You can view the budget here.