ACE fund board and administration clash over using marijuana‑tax funds for ASD pre‑K; fund balance draws scrutiny
The ACE fund’s FY26 budget includes program increases and shifts while board representatives said they were disappointed the mayor’s office proposed using marijuana‑tax resources to cover $2 million in Anchorage School District pre‑K funding.
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Assembly and ACE Fund representatives discussed the FY26 ACE fund (alcohol and marijuana tax) allocations and whether to use marijuana‑tax fund balance to support Anchorage School District pre‑K classrooms.
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