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FY2021-01A Amending The Ordinance No. FY2021-01, FY2021 Budget, To Add Additional Funds To Education Support.1 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 46 Introduced by: Assembly Members Arndt and Turner Drafted by: Assembly Members Arndt and Turner Introduced on: 06/18/2020 Public Hearing Date: 07/16/2020 Failed on: 07/16/2020 KODIAK ISLAND BOROUGH ORDINANCE NO. FY2021-01A AN ORDINANCE OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH AMENDING THE ORDINANCE NO. FY2021-01, FY2021 BUDGET, TO ADD� FUNDS TO EDUCATION SUPPORT. WHEREAS, the assembly acknowledges during the citizens and businesses are experiencing fins WHEREAS, the State of Alaska's regular payments was reduced to zero for FY2021 I million of additional expenses; and WHEREAS, the Assembly passed a budge area -wide mill rate the borough hasd ad sine WHEREAS, the allowable excess investme be used for the care and maintenance of requirements. Under multiple legal opinions t fund; and of our bond $5.2 kept the same 10.75 d was established to lent of debt service al payments from the WHEREAS, the Assembly acknowledges theircommitment to support our local school district and wishe rovide tl 1h district additional d fect appropriations in the amount of $397,892 which, includin $9,390,089 Ing provided with Resolution FY2021-01, brings the total for both direc in-kind s rvices a school district to $9,787,981. NOW, BE IT DAINED BY THE ASSEMBLY OF THE KODIAK ISLAND Section 1: TlWrdinance is NOT of permanent nature and shall NOT become a part of the Ko Bland Borough Code of Ordinances. Section 2: Fund 276 Facilities Fund will grant a transfer of $397,892 to Fund 201 Education Support. Effective Date: This ordinance is effective as provided in Section 2.30.070 of the KIB Code of Ordinances, on July 1, 2020. FAILED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SIXTEENTH DAY OF JULY, 2020. Kodiak Island Borough, Alaska Ordinance No. FY2021-01A Page 1 of 2 47 48 49 50 51 52 53 54 55 56 57 KODIAK ISLAND BOROUGH William Roberts, Mayor VOTES: Aye Noe ATTEST: Alise L. Rice, Borough Clerk Kodiak Island Borough, Alaska Ordinance No. FY2021-01A Page 2 of 2 L