HB 181: "An Act relating to the public school foundation program; and providing for an effective date."
00HOUSE BILL NO. 181 01 "An Act relating to the public school foundation program; and providing for an 02 effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 14.17.025(b) is amended to read: 05 (b) In addition to the local contributions required under (a) of this section, 06 local contributions to a city or borough school district in a fiscal year may include no 07 more than the greater of 08 (1) the equivalent of a two mill tax levy on the full and true value of 09 the taxable real and personal property in the district as of January 1 of the second 10 preceding fiscal year, as determined by the Department of Community and Regional 11 Affairs under AS 14.17.140 and AS 29.45.110; or 12 (2) 19 [23] percent of the district's basic need for the fiscal year under 13 AS 14.17.021(b), as adjusted under AS 14.17.225(b). 14 * Sec. 2. AS 14.17.041 is amended by adding a new subsection to read:
01 (e) A district with an ADM of 850 or less that consists of one funding 02 community shall increase the elementary and secondary instructional units received 03 under (a) or (b) of this section by multiplying the instructional units by a percentage 04 determined under the following table: 05 District ADM Percentage 06 1 - 250 1.12 07 251 - 525 1.08 08 526 - 850 1.06. 09 * Sec. 3. AS 14.17.051 is amended to read: 10 Sec. 14.17.051. AREA COST DIFFERENTIAL. The area cost differential for 11 a school district is as follows: 12 School District Area Cost 13 Differential 14 Adak 1.27 15 Alaska Gateway 1.19 16 Aleutian Region 1.31 17 Anchorage 1.00 18 Annette Island 1.03 19 Bering Strait 1.39 20 Bristol Bay 1.27 21 Chatham 1.03 22 Chugach 1.14 23 Copper River 1.14 24 Cordova 1.11 25 Craig 1.03 26 Delta/Greely 1.16 27 Dillingham 1.27 28 Fairbanks 1.04 29 Galena 1.30 30 Haines 1.05 31 Hoonah 1.08
01 Hydaburg 1.03 02 Iditarod 1.33 03 Juneau 1.00 04 Kashunamiut 1.33 05 Kenai 1.04 [1.00] 06 Ketchikan 1.00 07 King Cove 1.27 08 Klawock 1.03 09 Kodiak 1.09 10 Kuspuk 1.33 11 Lake & Peninsula 1.31 12 Lower Kuskokwim 1.42 13 Lower Yukon 1.35 14 Matanuska-Susitna 1.00 15 Nenana 1.20 16 Nome 1.34 17 North Slope 1.45 18 Northwest Arctic 1.45 19 Pelican 1.08 20 Petersburg 1.00 21 Pribilof 1.30 22 Railbelt 1.23 23 Sand Point 1.27 24 Sitka 1.00 25 Skagway 1.05 26 Southeast Island 1.04 27 Southwest Region 1.31 28 St. Mary's 1.30 29 Tanana 1.30 30 Unalaska 1.27 31 Valdez 1.11
01 Wrangell 1.00 02 Yakutat 1.08 03 Yukon Flats 1.46 04 Yukon-Koyukuk 1.34 05 Yupiit 1.41. 06 * Sec. 4. AS 14.17.056 is amended to read: 07 Sec. 14.17.056. INSTRUCTIONAL UNIT VALUE. The instructional unit 08 value is $62,000 [$61,000] . 09 * Sec. 5. This Act takes effect July 1, 1995.