The Kenai Peninsula Borough School District passed a “status quo” budget at Monday night’s board meeting, and has asked the borough for the full funding of $52 million. The school district passed a total general fund revenue budget of $145,387,469, which includes the $52 million in local funding plus state funding.
Last April, the preliminary budget passed by the school board allocated more than $142 million in general fund revenue across the district.
On a state level, the district has been operating under the assumption of flat funding from the base student allocation of nearly $6,000 per student from the Foundation Funding Formula, totaling just under $80 million in state funding.
The district would face a loss of more than $22 million if Gov. Mike Dunleavy’s proposed budget passes.