
Jarrett Bryant
85:55 - 86:48
"we must be mindful of the projected FY28 structural deficit of more than $45 million. And just to recap, to balance the FY27 budget, we had to make $90 million in reductions across the entire district."
“we must be mindful of the projected FY28 structural deficit of more than $45 million. And just to recap, to balance the FY27 budget, we had to make $90 million in reductions across the entire district.”
So as future decisions come before the Board will continue balancing two priorities: restoring targeted FY27 reductions where appropriate, and we also must be mindful of the projected FY28 structural deficit of more than $45 million. And just to recap, to balance the FY27 budget, we had to make $90 million in reductions across the entire district. And even though that FY27 budget budget was balanced. Our healthcare costs, our utilities costs, and wage growth continue to outpace the revenue increases from the state. Um, one of the reasons we executed a community survey was to understand the public sentiment on our approach, and the initial responses suggest that the community would approve of a balanced approach of restoring cuts while also being mindful of that deficit.
The Anchorage School Board voted 3-4 Tuesday to reject a budget amendment that would have redirected $2.78 million toward restoring Campbell STEM Elementary, but the debate exposed unresolved legal questions about the school's closure status and board members questioning the district's savings assumptions.
