The Kodiak Island Borough School District Board of Education approved its $46.9 million budget at a special meeting on Monday.
Much of the district’s budget comes from the State of Alaska, through a calculation called the foundation formula, which includes the base student allocation of $5,880, the amount the district receives per student.
The district also received $10.9 million from the borough, the same as the district received last year.
With the state’s tight budget, some uncertainty has come to the budget. Information on the expense budget stated expected increases granted in House Bill 278 has been included for fiscal year 2016, the upcoming year, but removed for FY2017.
For FY16, general fund expenses will be decreasing by $6.5 million.
Salaries for personnel are increasing $387,000 over FY15, while benefits are decreasing by $4 million.
Cutting supplies and materials, equipment, and professional services to make up a decrease of $2.8 million, according to the budget document, balanced the budget.
A memo accompanying the budget included items that staff and the board will have to consider in upcoming months before the winter revision budget is passed.
That includes new hires that will be unsustainable next year due to the school not receiving a $50 increase in the base student allocation that was expected, which will have a $600,000 to $700,000 affect on the budget.
It also includes the uncertainty of whether new hires will need insurance, which could cost the district up to $250,000, and Erin’s Law, which the Alaska Legislature passed in their special session requiring sexual abuse education, but did not include funding, according to the memo. The cost of implementation is unknown but is expected to be between $20,000 and $50,000.
Julie Herrmann is a staff reporter at the Kodiak Daily Mirror. Contact her at 486-3227 ext. 627.