FY2014-01 Establishing the Funds to the Kodiak Island Borough School District for FY2014 1 Introduced by: Borough Manager
2 Requested by: School District Board
Drafted by: Finance Director
3 Introduced on: 05/16/2013
4 Public Hearing: 05/16/2013
5 Amended: 05/16/2013
6 Adopted on: 05/16/2013
7 KODIAK ISLAND BOROUGH
8 RESOLUTION NO. FY2014-01
9
10 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
11 ESTABLISHING THE MINIMUM AMOUNT OF FUNDS TO BE MADE
12 AVAILABLE FROM LOCAL SOURCES FOR THE KODIAK ISLAND BOROUGH
13 SCHOOL DISTRICT FOR THE FISCAL YEAR BEGINNING
14 JULY 1, 2013 AND ENDING JUNE 30, 2014
15
16 WHEREAS, Kodiak Island Borough Code of Ordinances 3.15.030B provides that the
17 Kodiak Island Borough Board of Education shall submit the proposed budget and local
18 support requirements for the schools by April 30; and
19
20 WHEREAS, the Kodiak Island Borough Board of Education submitted their proposed
21 budget and local support requirements for the schools on April 23; and
22
23 WHEREAS, within thirty days after receipt of the school district budget, the assembly shall
24 determine the amount of funds to be made available from local sources for school purposes
25 and shall furnish the Board of Education with a statement of the sum to be made available;
26 and
27
28 WHEREAS, the Board of Education has submitted a proposed budget of $48,702,474
• 29 which includes a Kodiak Island Borough contribution for FY2014 of $10,649,720, of which
30 $9,795,870 is appropriation, and $853,850 is for in-kind services; and
31
32 WHEREAS, the amount of funds to be appropriated from local sources for school purposes
33 will be incorporated into Ordinance No. FY2014-01, the Borough's fiscal year 2014
34 appropriation and tax levy ordinance; and
35
36 WHEREAS, FY2014 motor vehicle registration taxes are estimated at $250,000; and
37
38 WHEREAS, the School District appropriation stated in this resolution may be adjusted as
39 part of the Borough budget process.
40
41 NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
42 BOROUGH that the minimum amount to be made available to the Kodiak Island Borough
43 School District from local sources for the fiscal year ending June 30, 2014 is set at
44 $10,649,720 for both the direct appropriation and in kind services.
Kodiak Island Borough, Alaska Resolution No. FY2014-01
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45 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK
46 ISLAND BOROUGH that a mill levy of at least 8.75 mills for education support will be set for
47 the fiscal year ending June 30, 2014.
48
49 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK
50 ISLAND BOROUGH that a determination regarding additional funding may be made available
51 to the Kodiak Island Borough School District based upon federal, state, and local funding
52 available for the fiscal year ending June 30, 2014.
53
54 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK
55 ISLAND BOROUGH any in-kind service expenditures over the budgeted amounts will have to
56 be absorbed by the Kodiak Island Borough School District.
57
58 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
59 THIS SIXTEENTH DAY OF MAY, 2013
60
61 KODIAK ISLAND BOROUGH
62
63
04.7-_,
64
65 Jerome M. Selby, Borough Ma or
66
67 ATTEST:
68
69 II
70 JAL / 1112 AAA.. La
71 Nova M. Javier, MMC,Iorough Clerk
Kodiak Island Borough, Alaska Resolution No. FY2014-01
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