00                             HOUSE BILL NO. 288                                                                          
01 "An Act relating to the local contribution made by a city or borough school district; and                               
02 providing for an effective date."                                                                                       
03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
04    * Section 1. AS 14.03.260(a) is amended to read:                                                                   
05 (a)  A local school board shall provide an approved charter school with an                                              
06 annual program budget. The budget shall be not less than the amount generated by the                                    
07 students enrolled in the charter school less administrative costs retained by the local                                 
08 school district, determined by applying the indirect cost rate approved by the                                          
09 department up to four percent. Costs directly related to charter school facilities,                                     
10 including rent, utilities, and maintenance, may not be included in an annual program                                    
11 budget for the purposes of calculating the four percent cap on administrative costs                                     
12 under this subsection. A local school board shall provide a charter school with a report                                
13 itemizing the administrative costs retained by the local school board under this section.                               
14 The "amount generated by students enrolled in the charter school" is to be determined                                   
01 in the same manner as it would be for a student enrolled in another public school in                                    
02 that school district and includes funds generated by grants, appropriations, federal                                    
03 impact aid, the required local contribution, the voluntary local contribution under                                 
04 AS 14.17.410(c), special needs under AS 14.17.420(a)(1), and secondary school                                           
05 vocational and technical instruction under AS 14.17.420(a)(3). A school district shall                                  
06 direct state aid under AS 14.11 for the construction or major maintenance of a charter                                  
07 school facility to the charter school that generated the state aid, subject to the same                                 
08 terms and conditions that apply to state aid under AS 14.11 for construction or major                                   
09       maintenance of a school facility that is not a charter school.                                                    
10    * Sec. 2. AS 14.17.410(c) is amended to read:                                                                      
11 (c)  In addition to the local contribution required under (b)(2) of this section, a                                     
12 city or borough school district in a fiscal year may make a voluntary local                                         
13       contribution in any amount [OF NOT MORE THAN THE GREATER OF                                                   
14 (1)  THE EQUIVALENT OF A TWO MILL TAX LEVY ON THE                                                                       
15 FULL AND TRUE VALUE OF THE TAXABLE REAL AND PERSONAL                                                                    
16 PROPERTY IN THE DISTRICT AS OF JANUARY 1 OF THE SECOND                                                                  
17 PRECEDING FISCAL YEAR, AS DETERMINED BY THE DEPARTMENT OF                                                               
18 COMMERCE, COMMUNITY, AND ECONOMIC DEVELOPMENT UNDER                                                                     
19       AS 14.17.510 AND AS 29.45.110; OR                                                                                 
20 (2)  23 PERCENT OF THE TOTAL OF THE DISTRICT'S BASIC                                                                    
21 NEED FOR THE FISCAL YEAR UNDER (b)(1) OF THIS SECTION AND ANY                                                           
22 ADDITIONAL FUNDING DISTRIBUTED TO THE DISTRICT IN A FISCAL                                                              
23       YEAR ACCORDING TO (b) OF THIS SECTION].                                                                           
24    * Sec. 3. AS 14.17.990(6) is amended to read:                                                                      
25 (6)  "local contribution" means appropriations and the value of in-kind                                                 
26       services made by a district for any purpose;                                                                  
27    * Sec. 4. This Act takes effect July 1, 2026.