Borough Considering Schools, Taxes in New Budget

The Kenai Peninsula Borough is putting together the new budget, dealing with increasing education costs and decreasing revenues.

 

Borough Mayor Mike Navarre said the Borough and School District are being affected by reduced State funding…

 

Mayor Navarre: “In terms of what their projected deficit is, we’re going to try to help them, but education is the Borough’s biggest expenditure and because it’s our biggest expenditure, when we make that decision it probably has an effect on taxes in the short term and the long term, because the Borough doesn’t generate money except through it’s tax structure, and so our ability to fund the school district is depend on our level of revenue.”

 

Navarre told the Assembly this week that they may have to consider cutting services or increasing taxes.

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