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Advisory committee recommends $3.7M to Teton County School District; members press staff on reserve accounting and interest
Summary
Advisory members voted to recommend a $3,707,330 FY27 Recreation District allocation to Teton County School District #1 and spent substantial time questioning staff about how capital set‑asides (the Brock Achievement Center reserve) are held, when tax receipts arrive, and who benefits from interest earnings.
The advisory committee recommended the Teton County School District’s FY27 Recreation District application for $3,707,330 be forwarded to the Recreation District board for final action.
Committee members asked detailed questions about program-level funding, transportation and the district’s capital reserve. Staff explained that recent grant payouts had exhausted much of the district’s carryover balance and that property‑tax receipts arrive unevenly (larger collections typically in November and May), affecting the timing of payments.
A central point of contention was the capital construction set‑aside for the proposed Brock Achievement…
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