About $60,000 has been cut from the Sherman Board of Education's proposed budget for the coming fiscal year.  The referendum earlier this month ended with a tie vote on that part of the spending plan.  The $5 million municipal budget was overwhelmingly approved and will not be part of a second referendum.  A virtual town meeting on the now $9.32 million proposed school budget will be held May 22nd at 10am.  An in-person referendum will then be held on June 5th from 8am to 8pm in the Charter Hall meeting room.  The changes including a more than $25,000 reduction in benefits, a $43,000 cut to special education and the addition of $9,000 for a Tri-State Consortium visit to connect to the district's strategic plan.