FY2019-01 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, 2018 And Ending June 30, 20191
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Introduced by: Borough Manager
Drafted by: Finance Director
Introduced on: 05/15/2018
Amended on: 05/15/2018
Adopted on: 05/15/2018
KODIAK ISLAND BOROUGH
RESOLUTION NO. FY2019-01
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, 2018 AND ENDING JUNE 30, 2019
WHEREAS, Kodiak Island Borough Code of Ordinances 3.15.030B 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 18, 2018; 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 Board of Education has submitted a proposed budget of $45,644,750 which
includes a request of KIB support for $10.430.597 of which $430,000 is in kind services and
$10.000.597 is appropriation; and
WHEREAS, the amount of funds to be appropriated from local sources for school purposes will
be incorporated into Ordinance No. FY201-01, the Borough's fiscal year 2019 appropriation and
tax levy ordinance; and
WHEREAS, FY2019 motor vehicle registration taxes are estimated at $234,000; and
WHEREAS, the Estimated Fiscal Year 2019 certified assessed value is $1,369,680,377
(one billion, three hundred sixty-nine million, six hundred eighty thousand, three hundred
seventy-seven); and
WHEREAS, at a certified value of $1,369,680,377, the education support fund will
receive an estimated $9,656,244 in real and personal property tax revenues; and
Kodiak Island Borough, Alaska Resolution No. FY2019-01
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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
from local sources for the fiscal year ending June 30, 2019 is set at $9,890,244 for both direct
appropriation and in kind services.
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS FIFTEENTH DAY OF MAY, 2018.
KODIAK ISLAND BOROUGH
ATTEST:
Daniel A. Rohrer, Mayor Nova M. Javier, MMC,
VOTES:
Ayes: Crow, Kavanaugh, Skinner, Smiley, Symmons, Van Daele
Absent: Schroeder
Kodiak Island Borough, Alaska Resolution No. FY2019-01
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