Financial alerts
Kenai Peninsula Borough School District — Financial
What's happened recently in financial for Kenai Peninsula Borough School District.
Kenai Peninsula Borough School District's budget moved through sharp reversals during this period. In September 2025, relief came first: after the legislature added $700 per student to the state's Base Student Allocation, the board voted 9-0 to reverse several FY26 cuts by spending up to $1,830,000 — restoring the Seldovia (Susan B. English School) and Ninilchik school pools, high school extracurricular stipends and transportation, curriculum materials, special-education intensive-needs aides, a communications specialist, a "Grow Your Own" paraeducator program, a warehouse truck, and a Middle College addition.
By the 2026-27 planning cycle, the shortfalls returned and landed on individual schools. Mt. View Elementary was told in February 2026 that its projected enrollment of 390 students would fall below the district's 400-student threshold for a general-fund-paid assistant principal, so the position would instead be paid
What happened
Board restores $1.83 million in cuts, including two community pools, after state funding increase
After the legislature added $700 per student to the state's Base Student Allocation, the board voted 9-0 on September 8, 2025 to reverse several FY26 budget cuts by spending up to $1,830,000 — reinstating the Seldovia and Ninilchik school pools, high school extracurricular stipends and transportation, curriculum materials, special-education aides, a communications specialist, a "Grow Your Own" paraeducator program, a warehouse truck, and a Middle College addition.
Budget cuts cost Mt. View Elementary its assistant principal funding and two teaching positions
At its February 26, 2026 meeting, Mt. View Elementary's Site Council/Title I Committee was told that projected 2026-27 enrollment of 390 students would fall below the 400-student threshold for a general-fund-paid assistant principal, so that position will shift to Title I money, and a first-grade teacher and the school's librarian will not be replaced; by April 9, the committee also expected the loss of the library aide, a 50% cut to curriculum funds, a 10% cut to supplies, and fewer custodial days as part of the district's response to an $8.5 million shortfall.
FY27 budget gap drove closures, then eased when the Borough matched last year's funding
The district projected FY27 state-plus-local revenue would fall roughly $7.8 million below FY26, and the preliminary budget adopted April 6, 2026 assumed $3.3 million less from the Borough — the stated basis for four school closures approved that night — but by early June 2026 the Borough Assembly matched FY26's $62,359,080 and the state added about $9.5 million in one-time funding, easing the final FY27 picture without reversing the closures.
Synthesized from 3 published, source-verified alerts about budget for Kenai Peninsula Borough School District.
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