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Sheridan County SD #3 reviews March finances and options to preserve carryover funds
Summary
District business officer reported March year‑to‑date expenditures and revenues; trustees debated options to prevent the state from reclaiming pre‑1997 carryover funds — considering capital, depreciation reserve or food service placement before a June 30 transfer deadline.
The board received a detailed March financial report and spent substantial time weighing how to protect locally held carryover — sometimes called pre‑1997 funds — from being counted under a recent state funding recalibration.
Business officer Rick Ro reported general fund year‑to‑date expenditures of $2,263,849.97 and provided program‑level breakouts for instruction, administration,…
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