School districts across Alaska are set to receive up to $115 million in one-time funding this year thanks to high oil prices. That’s due to what’s known as a “waterfall” in the state budget that passed shortly before the end of the Alaska Legislature’s regular session in late May.
But how much of that $115 million will actually materialize is, for now, unclear.
“What is really hanging as an unknown right now is whether the state will receive a level of funding from oil on volatile global markets that is high enough,” Anchorage School Board Vice President Kelly Lessens said in an interview…