Wrangell’s Public School Board approved a second draft of its Fiscal Year 2017 budget during a special session Tuesday evening.
Several sizable changes were made to both its expenditures and revenues, reflecting previously unacknowledged items.
Driving the change was a reduction of $53,871 to the district’s Foundation Support revenues, due to expiry of Wrangell’s “Hold Harmless” provision with the state.
Hold Harmless addresses declines in a district’s size-adjusted ADM, temporarily increasing it where a district has lost five or more percent of its students. The goal is to cushion districts a...
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