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DISTRICT eyes fix to LEF overdraw


The Ketchikan Gate way Borough Assembly likely will be able to avoid overdrawing from its Local Education Fund in the upcoming fiscal year under the Ketchikan School District s draft operating budget, the borough finance director said on Monday.
The Assembly-Ketchikan School Board Liaison Committee met on Monday in the Assembly chambers to discuss solutions to the ongoing deficit in the LEF.
District Business Manager Katie Parrott told members of the committee, which includes members of the School Board and the Assembly, about the changes she conveyed to the board s Finance Committee on Friday.
We adjusted down the discretionary contribution ask (from the borough) by the exact amount that the required local contribution went up, Parrott explained on Friday. So, essentially what we did, is, we re asking for the exact same amount as last year — so, we didn t increase our ask. ....

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