EFY23 Preliminary KPB Maximum funding calculation
Item Details
- Meeting
- April 11, 2022 – Board of Education Work Sessions
- Category
- 1. Work Sessions
- Type
- Information item
Public Content
An update to the maximum allowable funding that the Kenai Peninsula Borough (KPB) could provide to the District. The updated amount is due to a revised full tax value from the State of Alaska. The original calculation was $52,544,233, the new calculation increase the amount by $20,052, which brings the maximum allowable that can be provided by KPB to $52,564,284.