- Last Updated: 06 July 2017 06 July 2017
The 5 Million opt out proposal the Sioux Falls School District is proposing comes after careful consideration and conversation in public meetings on April 5, 2017 and April 10, 2017. As directed by the Board at the April 10, 2017 meeting, the District convened the Finance Action Network (FAN) – a committee of community CEOs and business leaders who could review District spending and make recommendations to achieve the highest level of fiscal responsibility without cutting programs. With all of the District’s budget data in front of them, FAN recommends an additional $5 Million opt out to prevent the District from falling below a responsible fund balance. Growing costs of education due to student needs and uncertainty in State and Federal funding are the driving forces. Click here to hear Board Member Doug Morrison describe the need for the opt out at the April 10, 2017 meeting.
If you prefer, you can see that day's entire Board meeting here - the opt out discussion begins at about 49 minutes.