KPBSD E-Governance

Kenai Peninsula Borough Funding

The Kenai Peninsula Borough (KPB) provided funding through the Coronavirus Aid, Relief, and Economic Security (CARES) act, which included the Coronavirus Relief Fund (CRF) to KPBSD in the amount of $2,111,091. This funding was used to address expenditures that were substantially different than that of the original expected use of the local contribution. KPB was eligible to provide up to $500 per student per the U.S. Treasury CFR FAQ’s dated October 9, 2020.

Since KPBSD utilized a portion of the local contribution for COVID-19 related expenditures that were substantially different from the original intent, KPB was allowed to provide $2,111,091 in CRF funding to KPBSD. This reduced the amount provided from KPB General fund but did not reduce the overall KPBSD funding.

Local Contribution	$36,526,177
In-Kind Services	11,362,732
Total KPB General Fund Support	$47,888,909

KPB Coronavirus Relief Fund Support

$2,111,091

Total KPB GF and CRF Support

$50,000,000

Elementary and Secondary School Emergency Relief (ESSER) funds

Coronavirus Aid, Recovery and Economic Security (CARES) Act
1. Elementary and Secondary School Emergency Relief (ESSER) fund
  1. $2,295,953 – Fully Expended in FY21
  2. March 2020 – June 30, 2021
Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act
1. Elementary and Secondary School Emergency Relief (ESSER II) fund
  1. $9,080,405
  2. March 2020 – June 30, 2023
American Rescue Plan
1. Elementary and Secondary School Emergency Relief (ESSER III) fund
  1. $20,411,266
    1. 20% Set-Aside to Address Learning Loss $4,082,253
  2. July 1, 2021 – June 30, 2024

CFinance Update 7 12 21

Item Details

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