There’s still a $400,000 hole in the proposed Haines Borough budget for the upcoming fiscal year. The deficit was created by the loss of state support for school bond debt. At a budget meeting on Monday, assembly members discussed options for addressing the shortfall.
In past years, the state typically paid for 70% of municipal school bond debt, leaving the municipality responsible for the other 30%. In FY20, the governor vetoed half the state’s funding…