Apr 14
11
Media release: KPBSD 2014-2015 budget revision
Kenai Peninsula Borough School District
Contact: Pegge Erkeneff, 907.714.8888
Media Release
KPBSD 2014-2015 budget revision
Soldotna, April 11, 2014—Due to the changing fiscal climate at state and local levels, district administration is recommending that funding for the Skyview Middle School pool in Soldotna, Alaska, be reinstated into the 2014-2015 (FY15) budget.
KPBSD district administration has reinstated a $180,000 General Fund expenditure for the Skyview Middle School pool, previously eliminated during a January 14, 2014, Board of Education work session, and included in the 2014-2015 Preliminary Budget presented to the school board on February 3, 2014. The $180,000 reduction was in addition to a $1.3 million budget reduction made in the fall of 2013, in anticipation of a substantial FY15 budget deficit.
The insertion of the $180,000 into the FY15 budget means that the Skyview Middle School pool would remain open during the 2014-2015 school year.
The Board of Education packet prepared for the April 14, 2014, school board meeting has been revised. The FY15 Budget (Revised) document states, The Preliminary General Fund revenue budget will increase by $180,000, from $161,206,486 to $161,386,486, with budgeted revenue from all sources of $154,456,357, use of Fund Balance reserved for Health Care in the amount of $2,156,400 and use of General Fund Balance increased from $4,593,729 to $4,773,729.”
Links
April 14, 2014 School Board agenda and business packet
School Board Communication: FY15 Budget (ADDENDUM), view pages 4-5 of the FY15 Budget (REVISED) document.
###
This and all KPBSD media releases are online at this web page: http://bit.ly/MediaPublicRelationships
Suggest or contribute a story online link: http://bit.ly/SuggestKPBSDstory
Please contact me with questions or connections to be made for your KPBSD district and school stories.
