Juneau schools discover $9.5 million deficit; 10% of total budget

Juneau school administrators are facing a severe budget shortfall partly related to flat state funding and declining enrollment. But much of the crisis comes from accounting errors that “drastically” undercounted staffing costs.

The city’s school board learned Jan. 9 that the district is projected to be $7.6 million in deficit for the current fiscal year and carrying over a $1.9 million shortfall from the prior fiscal year. The combined $9.5 million deficit equates to roughly 10% of the district’s total budget, and it’s expected to keep ballooning.

Lisa Pearce, Juneau schools’ new finance cons...

 

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