Alaska cities and school districts scramble to close budget gaps after state cuts bond debt payments

Alaska cities and school districts scramble to close budget gaps after state cuts bond debt payments

Dillingham City School District Middle/High School building. (Margaret Sutherland/KDLG) The City of Dillingham and the Lake and Peninsula Borough government are two of 17 Alaska municipalities and school districts that are trying to close budget shortfalls after the state cut its payments for school construction and renovation projects by roughly 25-30% this year. The payments are part of the state’s School Bond Debt Reimbursement Program, which…