2022-2023

Anchorage School District
FY 2022-23 Budget

FY 2022-23 Budget Book (15Mb PDF)

Meetings/Sessions

The Administration has briefed the fiscal year 23 preliminary budget to the school board.
The following links will open the recordings of that briefing for an in-depth understanding of next year’s budget.

Feb. 1 Presentation

Feb. 8 Presentation

State Foundation Formula and Local Taxes

Step 1
School Size Adjuster

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

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

state of Alaska shape surrounded by green dollar signs

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

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

text stating billingual education special education gifted & talented vocational education

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

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

People dressed in uniforms with text stating career technical education

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

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

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

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

A small graphic of a bunch of cartoon 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)	$432,695,725
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	$325,686,551
State Quality Schools Grant	$1,201,052
Total State Revenue	$312,919,995
Required Local Taxes	$112,606,410
Additional Allowable Taxes (23% of Basic Need + Quality Schools)	$99,788,306
Total Allowable Taxes	$214,394,716