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ACE Fund board trims retention bonuses, boosts flexible operational childcare funding
Summary
The Anchorage ACE Fund board voted to reduce proposed sector-worker retention bonuses from $1,000,000 to $500,000 and move $500,000 into flexible operational grants after hearing providers urge more operating support; the board also approved a study of the bonuses before implementation.
The ACE Fund board voted to reduce proposed sector-worker retention bonuses to $500,000 and transfer $500,000 into flexible operational funding as part of its 2026 budget, board member Trevor said during a motion that passed after debate.
Board members and local providers debated whether one-time retention payments or ongoing operational support would do more to stabilize the early-childhood care sector. "Reduce the sector worker retention bonuses to $500,000. Move the remaining $500,000 dollars to flexible operational funding to 2.4," Trevor said when proposing the…
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