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0:55

Jharrett Bryantt

122:50 - 123:45

"this proposal would reduce the deficit from around $40-ish million for FY28 down to roughly $26 million."

“this proposal would reduce the deficit from around $40-ish million for FY28 down to roughly $26 million.”
Community
Alaska News
Location
Anchorage
Captured at
September 1, 2026

From the transcript

And one of my top priorities is to try to figure out a way to minimize the disruptions that happen when we pass a budget with a large structural deficit before we know our revenue picture. So this won't fully solve that problem because we didn't set enough funding aside to stabilize everything, but now we have a chance to deliberate a path forward to stabilize something meaningful that can move our progress forward on, on board goals. So if this proposal were approved, it would reduce the scale of the deficit, but it wouldn't completely eliminate it for next school year. So, uh, and what we shared with the board, and we'll also provide you with a calculator so you can do your own simulations, is that this proposal would reduce the deficit from around $40-ish million for FY28 down to roughly $26 million. $1.2 Million, and in some ways it's understandable that there may be a sigh of relief there.

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