Waiting game

  • By KAYLEE OSOWSKI
  • Monday, June 2, 2014 11:22pm
  • News

The Kenai Peninsula Borough School District is in the process of revising its budget due to state-level changes in funding. But more pieces of the financial puzzle needs to fall into place before final adjustments can be made.

In April the KPBSD Board of Education passed a fiscal year 2015 budget, as required, knowing changes would likely be coming from the Alaska Legislature.

With the state-level changes in House Bill 278 approved, the board is now waiting to see if changes will be made at the borough level.

The required local contribution for FY15 is $23.6 million. Currently the borough is proposing to allocate $43.5 million to the district — the same funding amount as last year.

For FY15, Legislative changes to the Base Student Allocation will bring in an additional $2.6 million. Adjustments to charter school funding based on student numbers will bring in $254,441 in additional funds. The correspondent student adjustment will bring $432,326 in more money. The district is also set to receive nearly $3 million in one-time funding from the state, according to the Department of Education and Early Development.The total increase in state money to the district is $6.27 million.

“Normally I would say, ‘Party on,’” Assistant Superintendent Dave Jones said about the increase in funding. But other numbers need to be factored into the equation.

While the increase of state dollars helped to decrease the $4.8 million deficit the board passed in April, a shortage of $2.3 million still remains.

Money for charter schools in the BSA cannot be used to the district’s discretion. How those funds are used is up to each of the four charter schools within the district.

The $254,441 for charter schools is for schools comes from changing the minimum students from 120 to 75 to qualify for student rates of schools that have 150 students. Fireweed Academy is the only school in the district affected by the change.

The board included $1.7 min one-time funding in the passed budget, bringing the actual increase down from $3 million to $1.2 million.

Also when the board passed the budget, dipped into reserve money. The board allocated $2.1 million in healthcare reserves in April.

The KPB Assembly will discuss the borough budget at a 2 p.m. Finance Committee meeting today. A public hearing on the budget is scheduled for the regular assembly meeting at 6 p.m. tonight.

The next Board of Education meeting is scheduled for July 7.

Kaylee Osowski can be reached at kaylee.osowski@peninsulaclarion.com

More in News

Dale Chorman stands with his wife, Dianne. (Photo provided by Tom Kizzia)
Long-time Homer resident, photographer dead after Sunday moose encounter

Troopers on Monday identified the victim as 70-year-old Dale Chorman

A sign warning of a June 28, 2021, bear attack is placed at the head of the Kenai River Trail on Skilak Loop Road in the Kenai National Wildlife Refuge on June 30, 2021. (Photo by Erin Thompson/Peninsula Clarion)
Federal wildlife officers seek information about early-May black bear poaching

Officials think the poaching happened near the east entrance of Skilak Loop roughly 2 miles from Jims’ Landing

Alaska State Troopers logo.
Ninilchik woman dead after Tuesday collision

The woman was attempting to cross the Sterling Highway from Oil Well Road when she was struck by a pickup truck

Graduates listen to Connections Homeschool Principal Doug Hayman speak during the school’s commencement ceremony on Thursday in Soldotna. (Ashlyn O’Hara/Peninsula Clarion)
Graduates listen to Connections Homeschool Principal Doug Hayman speak during the school’s commencement ceremony on Thursday, May 16, 2024 in Soldotna, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
‘Expect a lot from yourself and from others’

Connections Homeschool students accept diplomas at commencement ceremony

Screenshot
Graduates of Seward High School leave the gym at the end of their graduation ceremony on Wednesday.
‘Give people something to talk about’

Seward High School graduates 30

Kenai Police Chief David Ross speaks to Kenai City Council members about an ordinance that would repeal sections of city code that prohibit public sleeping and loitering and the city’s curfew on Wednesday, May 15, 2024, in Kenai, Alaska. (Ashlyn O’Hara/Peninsula Clarion)
Kenai OKs repeal of loitering laws, curfew for minors

The policies, first enacted in 1978, are difficult to enforce and potentially violate citizens’ rights, according to the Kenai Police Department

Nikiski Middle/High School graduates throw their caps into the air at the conclusion of a graduation ceremony in the school’s gym in Nikiski, Alaska, on Wednesday, May 15, 2024. (Jake Dye/Peninsula Clarion)
Nikiski graduates ‘will always be a part of each other’s stories’

The graduates celebrated their time together and took a moment to anticipate the bright futures that lie ahead

A seal pup rescued from near Kenai beach is treated by the Alaska SeaLife Center’s Wildlife Response Program on May 9, 2024. (Photo courtesy Kaiti Grant/Alaska SeaLife Center)
SeaLife Center admits abandoned harbor seal pups

Both seals were found abandoned and malnourished, and both were born prematurely

Most Read