Budgets & Actual Reporting

Overview

School District Operating Budgets are submitted by July 15 of each fiscal year. The department then reviews all school district operating budgets to ensure compliance with Alaska statutes and regulations.

Audited Financial Statements, per AS 14.14.050, require the school board in each school district to obtain an audit of all school accounts for the school year. A certified copy of the audit must be filed with the Commissioner of Education & Early Development by November 15.

Important Dates

• FY2026 District Operating Budget on or before
  • July 15, 2025
• District FY2024 Financial Statement / Audit due
  • November 15, 2024

Publications & Resources

• Chart of Accounts 2018 Edition (pdf)
  • Effective 7/1/2018
• FY2025 PERS/TRS On-Behalf Rates - Resolution 2023-05 and Resolution 2023-08
• State Single Audit Guides

Reports to Legislature

Fund Balance Reports

Chapter 2, SLA 2021 (HB 76) waived the 10% limit on maximum unreserved operating fund balance a school district can maintain, effective through June 30, 2025, and established a reporting requirement

• Unreserved Fund Balance Report under HB76 (February 2024) (pdf)
• Unreserved Fund Balance Report under HB76 (February 2023) (pdf)
• Unreserved Fund Balance Report under HB76 (February 2022) (pdf)

Chapter 1, FSSLA 2023 (HB 39) requested school district report on all fund balances at specific points in time within fiscal year 2024.

• Fund Balance Report under HB39 (December 19, 2023) (pdf)
• Fund Balance Report under HB39 (February 15, 2024) (pdf)

Operating Fund Reports

For the school districts’ audited expenditures, go to the Data Center page and click on "State Report Cards." To preview the year, click on the image cover, under "District Profiles" click on "Profiles Table."

Estimated State Program Allocations for FY2025 (pdf)

FY2024 OASIS Compared to FY2024 Projected (February 8, 2024) (pdf)