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Wyoming County Board reviews January finances and defers levy vote to statutory meeting
Summary
Board heard a month-by-month financial review showing mixed fund movements and learned a preliminary levy-rate shortfall estimate of $255,000–$360,000 for 2026–27; formal levy action was deferred to the statutory April meeting.
The Wyoming County Board of Education received its monthly financial report for January and discussed preliminary projections for the 2026–27 levy rate at its LSIC meeting.
Chief School Business Official Miss Church summarized year-to-date changes: Fund 11 (operating) showed a revenue decrease driven primarily by state-aid timing and a net expense increase of about $285,000 in January, while capital and federal-restricted funds showed larger month-to-month swings tied to reimbursements and grant timing. Fund 31 shows $20 million in bond proceeds recorded pending reimbursement requests.
On levy-rate projections, Miss Church presented a draft scenario projecting a $255,000 revenue shortfall for 2026–27; county staff noted a more conservative estimate discussed with county finance staff could push the shortfall nearer $360,000 depending on personnel cost increases and other assumptions. Board members were advised that the district will formally open the statutory levy hearing at the April 21 meeting and will not take a vote at this session.
Board members asked for follow-up briefing materials that show assumptions behind the levy projections and whether additional principal payments on outstanding bonds might reduce long-term debt service. Miss Church and staff agreed to follow up with more detailed reconciliations before the April statutory meeting.
Votes at the meeting: the consent agenda (minutes, fundraising, payments and budget transfers) was approved by voice vote earlier in the meeting; the financial report was presented for information and the levy consideration was noted and deferred until the statutory meeting on April 21.
Speakers (first reference): Miss Church, Chief School Business Official; board members (motion and vote).
