First, the $1.2B would consist of $300 Million for the next three years, and $200M the 4th year.  If 25 school districts were eliminated (leaving 29), and each of those districts had only 1 superintendent at a limited pay of $100,000 annually, that would be a $2.5 Million savings.  As you are probably aware, Anchorage's Superintendent gets paid over $200,000 per year. Not to mention eliminating multiple sub-administrators at the same time we eliminate superintendents. I believe the Governor has proposed freezing non-union employee raises for three years, and he anticipated a $2.5+/- Million savings there.  Additionally, I understand that the state is waaay behind on Petroleum audits, which generally return more than $200 Million when completed.  It's my understanding that the recently completed audits for 2011 returned $400 Million or more.