Borough, school district looking for budget issue solution

FAIRBANKS, Alaska - For months, the borough and the school district have been trying to find a solution to an issue that came up while forming last year's budget.

Former Borough Mayor Karl Kassel introduced an ordinance that would limit the school district's ability to hold on to extra funds. Mayor Ward said the borough and school district administrations have been working very closely together on a substitute ordinance.

"I think we struck somewhat of a compromise, if you will. It does require that the school district budget for all of their funds. So I think we're able to have a more robust discussion when it comes to budget time, on what the needs of the school district are for their operations," Kassel said.