Governor Supports Targeted K-12 Education Funding Increase
March 7, 2012, Juneau, Alaska – Governor Sean Parnell will submit an amendment to the House and Senate Finance Committees to include $30.3 million in one-time funding for K-12 school energy and pupil transportation cost increases in Fiscal Year 2013.
“I have been clear that rather than automatically increasing budgets, Alaskans deserve to have a public discussion about cost increases and what their money is buying on an annual basis,” Governor Parnell said. “I support funding for energy and pupil transportation cost increases based on the information that has been presented from parents, students, educators and districts through the legislative committee process."
A review of school district annual operating budgets for energy shows that in FY 2011, school districts paid $71 million in energy costs. Those costs are projected to be $91 million in FY 2013 based on the Energy Information Administration’s forecast for the next school year.
Additionally, based on data reported from school districts, pupil transportation contracts will increase by more than $10 million in the next school year, and without targeted funding, those costs will erode instructional dollars.
The FY 2013 operating budget is being considered in the House and Senate Finance Committees.