Loading...
FY2020-01 Est. Amount of Funds Available For the KIB School District1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 Introduced by: Borough Manager Drafted by: Finance Director Introduced on: 05/16/2019 Public Hearing on: 05/16/2019 Adopted on: 05/16/2019 KODIAK ISLAND BOROUGH RESOLUTION NO. FY2020-01 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, 2019 AND ENDING JUNE 30, 2020 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 30,2019; 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 $45.717.698 which includes a request of KIB support for $10,827,117, of which $430,000 is in kind services and $10,397.117 is appropriation; and WHEREAS, the amount of funds to be appropriated from local sources for school purposes will be incorporated into Ordinance No. FY2020-01, the Borough's fiscal year 2020 appropriation and tax levy ordinance; 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 from local sources for the fiscal year ending June 30, 2020 is set at $10,455.244 for both direct appropriation and in-kind services. Kodiak Island Borough, Alaska Resolution No. FY2020-01 Page 1 of 2 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SIXTEENTH DAY OF MAY, 2019. KODIAK ISLAND BOROUGH ATTEST: Daniel A. Rohrer, Mayorra e' Clerk VOTES: Ayes: Arndt, Schroeder, Smiley, and Turner Noes: Kavanaugh, Skinner, and Symmons Kodiak Island Borough, Alaska Resolution No. FY2020-01 Page 2 of 2