Kenai Peninsula Borough Mayor vetoes $652k of school funding
June 19, 2018, Soldotna, Alaska—Today, Borough Mayor Pierce introduced two funding vetoes for the Borough budget beginning in less than a month. The Borough Assembly meets tonight, and one veto directly affects school district funding.
Mayor Charlie Pierce said this in the memorandum to decrease funding to Kenai Peninsula Borough schools by $652,609:
“Including this amount in the budget for school district operations would reduce the general fund, fund balance to an amount that is, in my view, too close to the recommended minimum fund balance to be financially prudent. Had the funds been appropriated from the Land Trust Fund I would not have taken this action.”
- The school district hoped to add mental health counselors and school security measures with the $652k funding appropriation from the Borough. Plans were already in motion, and these important measures would have taken effect beginning July 1, 2018.
- The veto announced today would increase the FY19 school district overall deficit to more than two million dollars.
- Tonight is an opportunity to provide your thoughts during public testimony. The Tuesday, June 19, 2018, Assembly Meeting begins at 6:00 PM in the Borough Assembly Chambers, 144 N. Binkley Street, Soldotna, Alaska 99669.
The school district is hopeful Borough Assembly members and Borough administration will resolve their budget prior to the start of the KPBSD fiscal year in 12 days.
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