Sec. 14.17.505. Fund balance in school operating fund.
(a) A district may not accumulate in a fiscal year an unreserved portion of its year-end fund balance in its school operating fund, as defined by department regulations, that is greater than 10 percent of its expenditures for that fiscal year. (b) The department shall review each district’s annual audit under AS 14.14.050 for the […]
Sec. 14.17.510. Determination of full and true value by Department of Commerce, Community, and Economic Development.
(a) To determine the amount of required local contribution under AS 14.17.410(b)(2) and to aid the department and the legislature in planning, the Department of Commerce, Community, and Economic Development, in consultation with the assessor for each district in a city or borough, shall determine the full and true value of the taxable real and […]
Sec. 14.17.600. Student count periods.
(a) Within two weeks after the end of the 20-school-day period ending the fourth Friday in October, each district shall transmit a report to the department that, under regulations adopted by the department, reports its ADM for that count period and other student count information that will aid the department in making a determination of […]
Sec. 14.17.610. Distribution of state aid.
(a) The department shall determine the state aid for each school district in a fiscal year on the basis of the district’s student count data reported under AS 14.17.600. On or before the 15th day of each of the first nine months of each fiscal year, one-twelfth of each district’s state aid shall be distributed […]
Sec. 14.17.300. Public education fund.
(a) The public education fund is established. The fund consists of appropriations for (1) distribution to school districts, to the state boarding school, and for centralized correspondence study under this chapter; and (2) transportation of pupils under AS 14.09.010. (b) Money appropriated to the fund may be expended without further appropriation. Money appropriated to the […]
Sec. 14.17.400. State aid for districts.
(a) The state aid for which a school district is eligible in a fiscal year is equal to the amount for which a district qualifies under AS 14.17.410. (b) If the amount appropriated to the public education fund for purposes of this chapter is insufficient to meet the amounts authorized under (a) of this section […]
Sec. 14.17.410. Public school funding.
(a) A district is eligible for public school funding in an amount equal to the sum calculated under (b) and (c) of this section. (b) Public school funding consists of state aid, a required local contribution, and eligible federal impact aid determined as follows: (1) state aid equals basic need minus a required local contribution […]
Sec. 14.17.420. Funding for special needs, secondary school vocational and technical instruction, and intensive services.
(a) As a component of public school funding, a district is eligible for special needs and secondary school vocational and technical instruction funding and may be eligible for intensive services funding as follows: (1) special needs funding is available to a district to assist the district in providing special education, gifted and talented education, vocational […]
Sec. 14.17.430. State funding for correspondence study.
Except as provided in AS 14.17.400(b), funding for the state centralized correspondence study program or a district correspondence program, including a district that offers a statewide correspondence study program, includes an allocation from the public education fund in an amount calculated by multiplying the ADM of the correspondence program by 90 percent.
Sec. 14.17.440. State funding for state boarding schools.
(a) Except as provided in AS 14.17.400(b), funding for state boarding schools established under AS 14.16.010 includes an allocation from the public education fund in an amount calculated by (1) determining the ADM of state boarding schools by applying the school size factor to the student count as described in AS 14.17.450; (2) multiplying the […]