Alaska Education Funding Analysis

How do we come up with GF spending? Start with BSA ▸ Set by legislature ‣ Increased about 8% in last 10 years O 。 Not adjusting for inflation ▸ We have not done an adequacy study to determine actual need о 。 Called for in HB 278 Apply school foundation formula to determine what is actually spent More recent modifications ▸ Late 1990s - McDowell revises size adjustment ► 2002 – American Institutes for Research (AIR) develops structure including geographic cost differential ▸ 2005 - ISER updates cost differentials ‣ 2015 – ISER develops - community cost differentials 。 Not implemented

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