The borough is set to pay $450,336 for school debt this year, bond payments which had largely been covered by the state since 2005.
On Monday, the Alaska House Finance Committee passed a bill reversing $92 million of Gov. Mike Dunleavy’s $444 million in vetoes, but failed to reverse the governor’s veto of $48.9 million for school debt reimbursement. Of the governor’s vetoes, school debt reimbursement will have the most significant effect on the Haines…