Bill > HB69

This bill modifies the base student allocation (BSA), which is a fundamental component of Alaska's education funding formula, by increasing the per-student funding amount from $5,960 to $6,960, representing a $1,000 increase. The base student allocation is a key mechanism used to determine the amount of state funding that each school district receives, calculated by multiplying the allocation amount by the number of students in the district. By raising the BSA, the bill aims to provide additional financial resources to public schools across Alaska. The bill specifies that this change will take effect on July 1, 2025, giving school districts and state education administrators time to plan and adjust their budgets accordingly. The increase in funding could potentially support various educational needs such as classroom resources, teacher salaries, educational technology, or other school-related expenses.

Budget and Finance, Education

https://www.akleg.gov/basis/Bill/Detail/34?Root=HB69