ANCHORAGE (AP) -- The Anchorage School District's expected budget deficit has disappeared.
Just a few months ago, district officials had estimated a $5.7 million shortfall for the fiscal year that begins July 1. But officials now say debt service and some other costs have gone down and the anticipated revenue from local taxes has gone up.
One of the factors driving down costs for the district is the retirement of more than 200 experienced teachers. Those teachers will be replaced by entry-level teachers at lower salaries, superintendent Carol Comeau said.
Officials said the improved financial picture will allow the district to add girls hockey and other sports programs as well as elementary school counselors and assistant principals.
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