Information is provided on the budgeting formula developed for funding Alaska's community colleges. After the history of formula budgeting is discussed, its purposes are highlighted (i.e., to provide equity of funding among the community colleges; to reduce uncertainty in and to simplify the budgeting process; and to provide for more local…

This paper examines the development of Alaska's Public School Fund, its current status, and its potential as a major revenue source for elementary and secondary education. The fund, which was created following the 1915 federal school lands grant to Alaska, is examined for the 1916-58 territorial period, the 1959-78 early statehood period, and the…