Almost a six-figure shortfall . During their first joint meeting of this school year, the Anchorage Assembly and school board members repeatedly mentioned this lack of funding as a major concern.
ANCHORAGE, Alaska - During their first joint meeting of this school year, members of the Anchorage Assembly and the Anchorage School Board repeatedly mentioned a lack of funding as a major concern — and the nearly six-figure shortfall still plagues the district.
The school board president and the assembly both want the legislature’s help to deal with what they learned Friday is an expected $95 million shortfall coming next budget year.The school district will need $649 million to balance the budget in fiscal year 2025. Right now, it only expects to have around $554 million.
This all ties into the per-student funding the state gives local school districts. The district’s position is that the base student allocation formula has not been changed for eight years or adjusted for inflation. That means they only get about $5,900 per student.“Our Assembly has been very supportive and involved.
Additionally, Bellamy said the assembly is putting together a task force to address increasing state funding with lawmakers and other funding limitations. Bellamy says in the past the district has looked at on-time funding sources to deal with budget shortfalls.Copyright 2023 KTUU. All rights reserved.
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