The amount of oil and gas revenue that the Sidney School District receives keeps decreasing as production stays low in our area.
A 22-year recap of oil and gas revenue received by Sidney Public Schools shows that the high mark was 2013-2014 when Sidney received $11.398 million in oil revenue.
The school district also received more than $10 million in oil revenue in the 2014-2015 school year. The amount was at least $5 million for nine straight years starting in starting in 2006.
During the past three school years, Sidney has received $3.251 million in 2015-2016, $1,962 million in 2016-2017 and $2,343 million in 2017-2018. After the third quarter of this school year, Sidney has received $1.717 million in oil and gas revenue.
Sidney Superintendent of Schools Monte Silk noted that because school trustees put part of the money in the flex fund, it’s still possible to do building projects such as the Central gym and other improvements using oil and gas revenue. The funds also can help cover the increases in staff wages.
During a presentation at last week’s Sidney Kiwanis Club meeting, Silk said what makes the Sidney school system great is its people, resources and the projects.
“We have a great staff,” Silk said.
He credited building principals with doing great jobs. He’s glad that class sizes are able to be kept small compared to other schools.
“Our kids are really well behaved,” Silk said. “The kids are great. They work hard and get so involved in activities.”