Washakie County
School District # 1

Washakie County School District #1

Aquatic Center Update DRAFT!

In response to questions we have received . . .
Washakie County School District No. 1 will maintain the pool as it has been run the past 10 years:

• There is no intent to close the pool to the public.
• The District will always uphold what the public voted on with the pool:
  • By state statute, the district is required to safeguard all public funds; this means all pool funds will remain separate from our operations.
  • Pool funds are, and will be, audited each year.

The District:

• For the past 10 years, the district has spent from its general fund $3,937,347.40 to repair major systems, reinforce the structure of the building and supplement maintenance costs.
• The district pays monthly rental fees to help stabilize operations. Rental funds are used to support our swim teams, and swimming lessons for each elementary student and some secondary students.
• The district has donated hundreds of labor hours from its maintenance team to help offset costs.

The Endowment:

• Because the District has expended its general funds, the endowment has grown to $4,543,603.86.
• To date, only $261,213.40 in interest from the endowment has been used.
• This brings us closer to the possibility of operating the pool off of the endowment interest.

Aquatic Center Oversight:

• Washakie County School District No. 1 is a public entity and is and always will be accountable for the use of public dollars.
• The Board of Trustees of Washakie County School District No. 1 is a public board of elected officials and would serve as oversight of the operations of the pool.

Potential Dissolution of the Joint Powers Board:

• The Joint Powers Board potential dissolution INFORMATION PENDING