1987-20 Approving the FY88 School District Budget and Determining the Total Amount of Funds to be made Available from Local Sources.A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY APPROVING THE
Y 88 SCHOOL DISTRICT BUDGET AND DETERMINING THE TOTAL AMOUNT OF FUNDS TO BE
MADE AVAILABLE FROM LOCAL SOURCES.
WHEREAS, AS 14.14.060 mollies that the Borough School Board shall
submit the school budget for the following school year to the Borough Assembly
$y April 1 for approval, and
WHEREAS, within thirty days after receipt of the budget the Assembly
/hall determine the amount of money to be mad• available from local sources for
I chool purposes and shall furnish the School Board with • statement of Iho sum
o be made available, and
WHEREAS, the Kodiak Island Borough School District did on March 30,
1 987 approve the FY 66 budget in the amount of $14.667,326, and transmit this
o the Kodiak Island Borough Assembly, and
WHEREAS, the budget reouests that a total of $2,200,000 be appro-
l rioted from local soure° .
NOM, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough
nimbly accepts this FY 66 Kodiak Island Borough School District budget in this
mount of 511,857,326 based on the projected FY 66 funding by this Stet* of
task' and hereby authorizes a local appropriation in the amount of $2,200,000
rom the following local sources:
Kodiak Island Borough FY 1986 Budget $2,000,000
Kodiak Islasd Borough School District
FY 1987 Estimated Fund Balance 200.000
KODIAK ISLAND BOROUGH
RESOLUTION NO. 67 -20 -R
Total $2.200.000
BE IT FURTHER RESOLVED that the Borough staff is hereby instructed
o notify the School District of this action and take 411 stops nee •ssary to
ssafe that the local app tattoo Is iacludsd in this FY 86 Kodiak Island
OrOUgh bodgst.
PASSED AND APPROVED this _ABA day of Aaril 1987
y the Iorou/ Assembly.
1TTEEST:
oroY/
KODIAK ISLAND BOROUGH