Alaska lawmakers announce tentative deal on education

JUNEAU, Alaska — Lawmakers late Wednesday announced a tentative deal on an education package, the issue that sent them into an extended legislative session.

The compromise, unveiled in a conference committee Wednesday evening, calls for $300 million in additional public school spending over the next three years. Half that amount, $150 million, would go toward the per-pupil funding formula known as the base student allocation, amounting to an increase in the formula of $250 over the three years. The rest would be provided to districts outside the formula and for other targeted programs.