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1989-24 Approving the FY90 School District Budget and Determining the Total Amount of Funds to be made Available from Local Sources.KODIAK ISLAND BOROUGH RESOLUTION NO. 89 -24 -R A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY APPROVING THE FY 90 SCHOOL DISTRICT BUDGET AND DETERMINING THE TOTAL AMOUNT OF FUNDS TO BE MADE AVAILABLE FROM LOCAL SOURCES WHEREAS, AS 1 4.14.060 specified that the Borough School Board shall submit the school budget for the following school year to the Borough Assembly by April 7 for approval, and _ WHEREAS, within thirty days after receipt of the budget the Assembly shall determine the amount of money to be made available from local sources for school purposes and shall furnish the School Board with a statement of the sum to be made available, and WHEREAS, the Kodiak Island Borough School District did on March 27, 1989 approve the FY 90 budget in the amount of $ and transit this to the Kodiak Island Borough Assembly, and WHEREAS, the budget requests that a total of $2,550,000 be appropriated from local sources; NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough Assembly accepts the FY 90 Kodiak Island Borough School District the State of Alaska amoun t eeby zes funds a projected rorit FY 90 the u K ing by Island Borough FY 1990 budget for the FY 1990 School p District budget sak follows: $2,100,000 New local appropriation 450,000 Carry over funds 471,000 Insurance and other direct costs paid by Borough $3,021,000 Total Local Appropriation BE IT FURTHER RESOLVED that the Borough staff is hereby instructed to notify the School District of this action and take all steps necessary to assure that the local appropriation is included in the FY 90 Kodiak Island Borough budget. ATTEST: Resolution No. 89 -24 -R Page 1 of 1 By: Mayor Selby Recommended by: KIB School Board Introduced: 4/20/89 Adopted: 4/20/89 PASSED AND APPROVED THIS 20th DAY OF APRIL, 1989. Kodiak Island Borough