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Superintendent: LCSD1 allocated full 8.5% legislative adjustment plus $2.6M in local funds for employee compensation
Summary
Superintendent told the board that the state’s 8.5% external cost adjustment equaled $9.6 million for LCSD1 and that the district allocated that amount plus an additional $2.6 million, bringing new compensation dollars to $12.2 million this year.
The Laramie County School District #1 superintendent told the Board of Trustees the district allocated the full 8.5% external cost adjustment approved by the legislature and added $2.6 million from local sources to increase employee compensation this year.
The superintendent said, “8.5% more salary dollars for Laramie 1 equals $9,600,000. . . . We allocated all $9,600,000, but we…
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