House puts together budget with one-time boost in school funding
April 13, 2023
The Petersburg School District would receive another injection of one-year additional state money under a budget headed toward approval in the Alaska House, falling short of a permanent increase in the education funding formula sought by school districts statewide.
Under the House budget, state funding for K-12 public education would increase by about 14% for the 2023-2024 school year.
The state’s foundation funding, based on enrollment, covers about 65% of the Petersburg district’s total general fund budget.
The Republican-led House majority structured the budget last week to draw the...