School district’s needs dire, possible lifeline in legislature

School district’s needs dire, possible lifeline in legislature

As the borough’s school district warns of potential “insolvency,” higher state oil revenue has increased the likelihood of a lifeline. For years, the state’s school funding formula has stagnated, decreasing 26% in real dollars from 2011 to 2025 if adjusted for inflation. Last year, the legislature closed some of that gap by increasing the base state funding formula to schools by $700 per-student. But that was well under half of what would have b…