FY2018-01 Establishing The Amount Of Funds To Be Made Available From Local Sources For The Kodiak Island Borough School District For The Fiscal Year Beginning July 1 20171
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Introduced by: Borough Manager
Requested by: School District Board
Drafted by: Finance Director
Introduced on: 05/18/2017
Adopted on: 05/18/2017
KODIAK ISLAND BOROUGH
RESOLUTION NO. FY2018-01
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
ESTABLISHING THE AMOUNT OF FUNDS TO BE MADE AVAILABLE FROM LOCAL
SOURCES FOR THE KODIAK ISLAND BOROUGH SCHOOL DISTRICT FOR THE FISCAL
YEAR BEGINNING JULY 1, 2017 AND ENDING JUNE 30, 2018
WHEREAS, Kodiak Island Borough Code of Ordinances 3.15.0308 provides that the Kodiak
Island Borough Board of Education shall submit the proposed budget and local support
requirements for the schools by April 30; and
WHEREAS, the Kodiak Island Borough Board of Education submitted their proposed budget
and local support requirements for the schools on April 22; and
WHEREAS, pursuant to AS 14.14.060(c), within thirty days after receipt of the school district
budget, the assembly shall determine the amount of funds to be made available from local
sources for school purposes and shall furnish the Board of Education with a statement of the
sum to be made available; and
WHEREAS, the amount of funds to be appropriated from local sources for school purposes
will be incorporated into Ordinance No. FY2018-01, the Borough's fiscal year 2018
appropriation and tax levy ordinance; and
WHEREAS, FY2018 motor vehicle registration taxes are estimated at $253,000; and
WHEREAS, the Fiscal Year 2018 certified value is $1,342,823,899 (one billion, three hundred
forty-two million, eight hundred twenty-three thousand, eight hundred ninety-nine); and
WHEREAS, at a certified value of $1,342,823,899 (one billion, three hundred forty-two million,
eight hundred twenty-three thousand eight hundred ninety-nine) the education support fund will
receive an estimated $9,124,500 in real and personal property tax revenues; and
WHEREAS, the School District appropriation stated in this resolution may be adjusted as part
of the Borough budget process; and
NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that the amount to be made available to the Kodiak Island Borough School District
Kodiak Island Borough, Alaska
Resolution No. FY2018-01
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from local sources for the fiscal year ending June 30, 2018 is set at $9,377,500 for both direct
appropriation and in kind services.
ADOPTED BY THI A$$,EMBLY OF TH ^ KOlD,IIA�K ISLAND BOROUGH
THIS �� DAY OF ��, 2017. �
KODIAK ISLAND BOROUGH ATTEST:
w 41VQ )A
Daniel A. Rohrer, Mayor Nova M. Javier, MMC, CI rk
VOTES:
Ayes: Crow, Skinner, Smiley, Symmons, Townsend, Van Daele
Recused: LeDoux
Kodiak Island Borough, Alaska
Resolution No. FY2018-01
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