The City of Sheridan is looking for ways to close the $1.3 million budget shortfall that is due to a decline in local revenue and cuts handed down by the Wyoming Legislature. Sheridan Media's Ron Richter has more.
At their March 1st meeting, the Sheridan City Council learned that in order to balance the budget for the upcoming fiscal year, the City would have to cut $1.3 million in expenses. City of Sheridan Human Resources Director Heather Doke says the economic downturn has caught up with the City.
Doke indicated that a memo was sent out this past Monday to all City employees regarding voluntary buyouts.
The voluntary buyouts will be available until noon on Monday March 15th. Doke said that if the buyouts and internal transfers don't get the City where it needs to be, additional reductions will be necessary.
To read the memo in its entirety that was sent to all City employees, click on the pdf attachment below.