11/3/2020

Gibbon Fairfax Winthrop (GFW) Superintendent Jeff Horton wrapped his first 100-day plan and announced next steps for shaping the school district Monday. “The (GFW) budget picture is improving,” Horton said. He cited examples. Administrative restructuring saved $98,140.94. Operating levy referendum passage in August with 63% voter support for a projected $789,139.20 revenue addition. Bond refinancing saving $36,720 that is being passed directly to taxpayers. Budget efficiencies of $450,000 realized by more appropriately coding staff positions to restricted fund revenue sources, avoiding general fund costs. Horton said a recent audit of last year’s district finances showed GFW was within 0.05% of accuracy on projections and ended $50,000 better than projected.

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