Anchorage School District budget deficit drops to $48M

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Anchorage School District budget deficit drops to $48M
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Time is running out for the Anchorage School Board as they are faced with making decisions that will impact the lives of students, parents and teachers across Anchorage.

ANCHORAGE, Alaska -

The changes to the initial projected deficit include increased overall FY23 revenue, reduced overall FY23 expenses, and increased ESSER funds available for FY24. The board is taking into consideration different options like reducing the fund balance, moving sixth grade into middle school, and still looking into possibly closing schools, among other things. The financial team says they made a lot of progress in regard to agreement when laying all of the options on the table.

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