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Wyoming2024Did Not Pass

SF0110

School Finance Act: Cash Reserves

Last scannedAug 25, 2026, 2:25 AM

In one sentence

The bill removes the sunset date for school districts to keep up to 30% of their foundation program amount as operating balances and cash reserves, allowing them to continue increasing these reserves beyond June 30, 2026.

What it does

  • Removes the end date (sunset) when school districts can have up to 30% of their total funding in cash reserves and operating balances.

Who it affects

  • School districts in Wyoming

Limits and unknowns

  • It is unclear how much extra money districts will be able to save after June 30, 2026.
  • The bill did not pass in its current session and needs further action to become law.

Plain language

Terms to know

Operating Balance and Cash Reserves
Money that schools have but are not spending on current needs.
Foundation Program Amount
The basic funding each school district gets from the state.

Official record

Sources

Validated

Public statements

Why lawmakers voted

Last checked Aug 5, 6:08 AM

Voted Yes

Why they voted this way

The lawmaker opposes the amendment because small schools rely on the ability to build up to a 30% cash reserve to manage cash flow problems, and forcing them back down would be detrimental.

Public statementFloor statement at 30:57 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the amendment because filling cash reserves reduces funding for the school foundation program, and they believe it is important to study current needs before making permanent changes.

Public statementFloor statement at 32:55 Watch the statement

Larry Hicks

R · S11

Voted No

Why they voted this way

The lawmaker supports the amendment because there are better ways to address cash flow issues than using reserves, and a sunset clause allows time to create a program that fits all districts.

Public statementFloor statement at 35:35 Watch the statement

Ed Cooper

R · S20

Voted Yes

Why they voted this way

The lawmaker opposes the amendment because small districts in their area need the stability and extra protection provided by a permanent 30% reserve limit.

Public statementFloor statement at 37:15 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the bill with or without the amendment because there are real cash flow needs that require reserves, but they also want to ensure future funding stability.

Public statementFloor statement at 39:12 Watch the statement
Voted No

Why they voted this way

The lawmaker supports the amendment as a compromise that buys time to study the issue and find solutions for all districts, rather than just small ones.

Public statementFloor statement at 44:22 Watch the statement
Voted Yes

Why they voted this way

The lawmaker supports the bill because school districts requested more local control over their financial destiny. He argues that eliminating the sunset date on cash reserves allows smaller districts to manage monthly cash flow and payroll challenges more efficiently.

Public statementFloor statement at 10:58 Watch the statement

If a lawmaker is not listed, we couldn't find a published reason.

Wyoming roll calls

Recorded votes

3 roll calls

S 3rd Reading:Failed 12-19-0-0-02024-02-27 · Senate12 yes 19 no
S04 - Education:Recommend Amend and Do Pass 5-0-0-0-02024-02-19 · Senate5 yes 0 no
S Introduced and Referred to S04 - Education 23-8-0-0-02024-02-15 · Senate23 yes 8 no

Official activity

Bill history

  1. S 3rd Reading:Failed 12-19-0-0-0Senate
  2. S 2nd Reading:PassedSenate
  3. S COW:PassedSenate
  4. S Placed on General FileSenate
  5. S04 - Education:Recommend Amend and Do Pass 5-0-0-0-0Senate
  6. S Introduced and Referred to S04 - Education 23-8-0-0-0Senate
  7. S Received for IntroductionSenate
  8. Bill Number AssignedLSO

Changes

Amendments

2 stored

SF0110S3001

The amendment removes a specific date limit for school districts to increase their operating balances and cash reserves.

SF0110SS001

The amendment changes how much money school districts can keep in cash reserves and operating balances by adding a new rule that includes special education expenses.