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Press Release: School District Approves FY25 Recommended Budget | March 2024

FNSBSD PRESS RELEASE

Date:
 March 21, 2024
Subject: Press Release: School District Approves FY25 Recommended Budget 

The Fairbanks North Star Borough Board of Education passed the Recommended Budget for the FY25 school year on Wednesday, March 20, 2024. 

The Recommended Budget totals $$229,656,158 and reflects the Board and administration’s best effort to provide a spending plan that supports commitment to successful student learning and efficient use of human and financial resources. The Budget includes approximately $10 million in reductions, including the closure of one school, Ben Eielson Jr/Sr High School.

Class Size Changes

Pupil-to-Teacher Ratio (PTR) has been increased by one in all grade bands except for Kindergarten for a $2.65 million reduction. The new PTRs are:

  • Grades 1-5: 26 (increased from 25)
  • Grades 6-8: 28 (increased from 27)
  • Grades 9-12: 31 (increased from 30)

Maintained Services

Reductions in the FY25 Proposed Budget that have been added back or adjusted in the FY25 Recommended Budget are:

  • Ticasuk Brown Elementary, Two Rivers K-8, and Pearl Creek Elementary will remain open. ($3.8 million maintained)
  • Custodial services will not be contracted out. ($2.6 million maintained)
  • Kindergarten aides are maintained at current year levels - 34.0 FTE. (17.0 FTE or $850,000 added back from the Proposed Budget)

Budget Additions

The following services have been added in the FY25 Recommended Budget:

  • 0.6 FTE Activity Coordinators - $72,000
  • Districtwide Music Allocation - $50,000

Budget Reductions

The following services and supplies have been reduced in the FY25 Recommended Budget:

  • Ben Eielson Jr/Sr High closure - $2.2 million
  • Extended Learning Program (ELP) Reduction - $900,000
  • Transportation subsidy - $800,000
  • Curriculum materials - $700,000
  • District administration and support - $500,000
  • Teacher laptop replacement annual payment - $386,000
  • 50% reduction in school level supply budgets - $384,000
  • 2.0 FTE Assistant Principals - $300,000
  • 2.0 FTE Barnette Magnet Teachers - $240,000
  • 2.0 FTE Hutchison Teachers - $240,000
  • 2.0 FTE High School Secretaries - $124,000
  • 1.0 FTE North Star College Teacher - $120,000
  • Wescott pool fees and 1.0 FTE pool aide - $118,000
  • Facilities Department - $100,000
  • 50% reduction in elementary activity funds - $60,700
  • 1.0 FTE BEST Tutor - $50,000
  • Reentry assessments - $30,000
  • Board travel - $10,000

The Recommended Budget reflects an increase of approximately $5.2 million to the Local Contribution compared to the amount requested in the Proposed Budget, for a total of $64.2 million. A $1 million addition was made to state revenue specifically attributable to Alaska Reads Act funding, with corresponding costs on the expenditure side of the budget. 

The District will deliver the budget to the Fairbanks North Star Borough on April 1, 2024 and will present the budget to the Borough Assembly on April 17.  

For detailed information, the FY25 Proposed Budget document is available at k12northstar.org/budget. The FY25 Recommended Budget will be available April 1, with the FY25 Approved Budget in May-June. 

The Fairbanks North Star Borough School District would like to thank the staff, families, and community for their input and recommendations throughout this year’s challenging budget process.

For more information, please contact: Joshua DuVall, Director of Communications, (907) 452-2000 ext.11438, joshua.duvall@k12northstar.org