$594.6 million
Total General Fund Budget
-6.8% vs
prior year
The main operating budget that pays for teachers, school staff, supplies, and programs.
ⓘ Independent civic project. Not affiliated with ASD or MOA.
Detail:
Anchorage School District FY 2025-26 Preliminary Budget
The Anchorage School District serves over 42,500 students at 130 schools and programs across Anchorage, Eagle River, Girdwood, and surrounding communities. This budget covers July 2025 through June 2026. The total General Fund budget is $594.6 million — about $43.2 million less than last year, after the State of Alaska's Base Student Allocation (BSA) has been effectively frozen since FY 2017.
ASD is facing its worst funding crisis in over a decade. The BSA has been frozen near $5,930–$5,960 since FY 2017 — an inflation-adjusted purchasing power loss of over 25% (equivalent to needing $7,579 today). ASD is eliminating 382 net positions (453 gross, 71 new) and spending nearly all of its emergency reserves, leaving just ~1% of the general fund. A $70 million shortfall is projected for FY 2027.
$866.3 million
Total All Funds Budget
-3.3% vs
prior year
Includes General Fund plus transportation, nutrition, grants, debt repayment, and capital projects.
~41,821 students
Students Served
-0.5% vs
prior year
Projected average daily enrollment (ADM) for FY 2025-26, down 197 students from FY 2024-25.
~$14,219 per student
Spending Per Student
General Fund budget divided by projected enrollment.
382 net positions cut
Positions Eliminated (Net)
453 gross cuts minus 71 new positions added = 382 net elimination. Most are teaching positions.
87.4% on salaries & benefits
Budget Spent on People
Like most school districts, the vast majority of ASD's spending goes to the people who work with students.
6.714 mills
Your School Tax Rate
For every $1,000 of your home's assessed value, about $6.71 goes to fund Anchorage schools. A home assessed at $400,000 pays about $2,686/year in school taxes.
82%
4-Year Graduation Rate
4-year graduation rate as of 2024 per ASD District Profile.
Why it matters
This budget directly affects how many teachers are in classrooms, whether your neighborhood school stays open, what programs are available, and how much you pay in property taxes each year.
Where the money comes from
About 49 cents of every dollar comes from the State of Alaska. Another 38 cents comes from local property taxes paid by Anchorage homeowners and businesses. About 8 cents comes from emergency reserves (drawing down savings). The remaining 5 cents comes from federal programs and other sources.
What changed
Major changes include elimination of all middle school sports, dramatic reduction of the IGNITE gifted program (cutting 21.9 FTE), reduced nurses and librarians at smaller schools, cuts to summer school, preschool, and language immersion, and closure of Lake Hood Elementary and Nunaka Valley Elementary.