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BORO to again talk Edu Fund deficit

The Ketchikan Gateway Borough Assembly on Monday will meet in person for the first time in more than two months to hold a second work session to discuss ways to close an operating deficit in the borough’s Local Education Fund. Monday’s regular meeting also will include an ordinance that would indefinitely extend a 5% marijuana tax in the borough and two public hearings. Local education fund As its first of two items of new business, the Assembly will enter a work session to discuss the ongoing Local Education Fund deficit. Borough staff are currently projecting that the fund deficit in the 2022 fiscal year will be just over $1 million, which if implemented would draw the fund balance down to about $1.89 million.

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