Sheridan College’s Board of Trustees approved a $40.2 million operating budget for fiscal year 2027, which runs from July 1, 2026, to June 30, 2027. The budget reflects a $227,186 surplus and prioritizes employee compensation and strategic investments.
Key Investments
The budget includes a step pay increase for faculty and a three percent increase in salary for all employees making less than $100,000 per year. Those employees earning more than that amount will receive a one percent increase, and the President will not receive a compensation increase.
Approximately 60% of the operating budget is dedicated to salaries and benefits, making operational efficiency essential to supporting new initiatives and long-term sustainability. The budget also includes key one-time investments, such as the renovation and expansion of the Science Center and the construction of the SC in Johnson County Center for Higher Education, in partnership with the Sheridan College Foundation.
Original reporting: Sheridan Media (Sheridan WY) — read the source article.
