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  • Budget Solutions

Overview

  • The District is estimating a General Fund deficit of approximately $68 million if one-time State funding for FY23 is held for FY24. Since 2017, ASD has received an increase of .5% from the State of Alaska (SOA) through the BSA formula. For more than seven years, inflation has reduced purchasing power to a level of approximately $80 million less than what the District could afford in 2017 in real dollars. This, coupled with a declining student enrollment in our city, continues to negatively impact ASD’s ability to maintain smaller class sizes to better address student learning.

Messages from the Superintendent

  • October 28, 2022

  • October 18, 2022

  • September 7, 2022

Important info

Areas for Detailed Analysis

    • Review schools for closure/repurpose, school-based minimum and metric-based staffing levels, ASDV, special programs (e.g. immersion & IB), MS model, addenda levels, and pull-out programs (IGNITE, 6th grade band/orchestra, etc.)
    • Review ESSER II/III planned expenditures to help soften FY 24 deficit
    • Review 1:1 costs & short/long-term plan to support elementary and secondary, district software, policy & procedure for lost/broken student equipment
    • Review District Administrative staff, contracts, insurance coverage limits, Student Nutrition debt practices, facility renting fees, Student Transportation, etc.
    • Potential for increased revenue (i.e., outsource capabilities to other districts/municipalities, expand Medicaid reimbursement, etc.)
    • Review sports and activities to determine potential cost savings and possibly reduce programs. Review activity fee rates and gate fees for games
    • ASD’s prioritization efforts will be informed through layered community, family and staff input (surveys, town halls, etc.)

State Foundation Formula and Local Taxes

  • Step 1
    School Size Adjuster

    Schools and Dollar Signs

    The school-size factor table is used to calculate the adjusted Average Daily Membership (ADM) for each school

    41,325 -> 47,446
    Step 2
    District Cost Factor

    Map of Alaska with dollar signs

    The district's school size adjusted ADM is multiplied by the district cost factor

    47,446 = 47,446
    Step 3
    Special Needs Factor

    Bilingual Education / Special Education/ Gifted and Talented / Vocational Education

    The previously adjusted ADM is multiplied by 1.20, providing an additional 20%

    47,446 -> 56,935
    Step 4
    CTE Factor

    CTE Stidents

    The previously adjusted ADM is multiplied by 1.015, providing an additional 1.5%

    56,935 -> 57,789
    Step 5
    Intensive Needs Factor

    Teacher with many students

    The intensive needs count is multiplied by 13 to determine the final Adjusted ADM

    57,789 -> 71,036
    Step 6
    Correspondence Factor

    Many students

    The district's correspondence count is added in and multiplied by .90

    71,036 -> 72,967

     

  • District adjusted ADM

    72,967

     

     

    Base Student Allocation

                     $5,930

     

     

    Basic need (BSA x ADM)

    $432,694,725

     

     

    Required local effort (property taxes)

    $(112,606,410)

    $42,492,985,048
    x 2.65
    $112,606,410

    MOA Property Values
    Mills
    Total Required Local Taxes

    State Reduction for Federal Impact Aid Received

    $(7,168,320)

     

     

    State Foundation Revenue

    $312,919,995

     

     

    State Quality Schools Grant

                $1,167,413

     

     

    Total State Revenue

          $314,087,468

     

     

    Required Local Taxes

    $112,606,410

     

     

    Additional Allowable Taxes

    (23% of Basic Need + Quality Schools)

     

            $99,788,306

     

     

    Total Allowable Taxes

          $212,394,716

     

     

     

    Read more about the Foundation Funding Formula

General Fund Budget - $549.5 million

  • GF

  • Chart