• Budget Solutions

Overview

  • The District is projecting a decrease in total General Fund revenue from the FY 2023-24 budget to the FY 2024-25 Pro Forma in the amount of $63.48 million (10.39 percent) when comparing revenues without the use of fund balance. The difference reflects decreases in local taxes and user fees, reductions in State formula funding based on enrollment, and the removal of one-time State funds appropriated by the Legislature, which is slightly offset by increases in interest earnings, federal impact aid, and other reimbursements.

    School Board Meeting 02/20/2024

  • Message from the School Board:

  • Message from the Superintendent:

Important info

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

    41,502 -> 46,785
    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

    46,785 = 46,785
    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%

    46,785 -> 56,142
    Step 4
    CTE Factor

    CTE Stidents

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

    56,142 -> 56,985
    Step 5
    Intensive Needs Factor

    Teacher with many students

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

    56,985 -> 70,983
    Step 6
    Correspondence Factor

    Many students

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

    71,983 -> 73,247

     

General Fund FTE Distribution

  • State Function

    Fiscal Year

     

    2020

    2021

    2022

    2023

    2024

    2025

    100 - Instruction

    2,355

    2,303

    2,047

    1,752

    2,036

    2,164

    200 - Special Education Instruction

    998

    1,041

    1,046

    1,064

    1,043

    1,043

    220 - Special Education Support Services

    225

    222

    225

    226

    239

    239

    300 - Support Services - Students

    308

    313

    324

    320

    330

    330

    350 - Support Services - Instruction

    148

    150

    151

    151

    161

    161

    400 - School Administration

    143

    141

    143

    144

    142

    142

    450 - School Administration Support Services

    246

    243

    149

    250

    246

    246

    510 - District Administration

    27

    27

    27

    27

    29

    29

    550 - District Administration Support Services

    187

    191

    193

    201

    220

    220

    600 - Operations and Maintenance of Plant

    478

    478

    481

    482

    464

    464

    780 - Community Services

    3

    4

    3

    3

    4

    4

    Total General Fund FTE

    5,118

    5,113

    4,789

    4,621

    4,915

    5,043

     

    100 - (Federal Stimulus)

     

     

    30

     

    275

     

    497

     

    164

     

    -

    350 - (Federal Stimulus)

     

    18

    18

    29

    -

    -

    550 - (Federal Stimulus)

     

    -

    -

    2

    -

    -

    600 - (Federal Stimulus)

     

    -

    -

    2

    -

    -

    Total General Fund and Stimulus FTE

    5,118

    5,161

    5,082

    5,146

    5,079

    5,043

     

General Fund Budget - $547.5 million

  • GF