1988-37 Establishing the Total Amount of Funds to be Made Available from Local Sources for the KIB School District for FY89.FY88 KIBSD Carry -over
FY89 Operating Budget
FY89 Insurance
KODIAK ISLAND BOROUGH
RESOLUTION NO. 88 -37 -R
$ 290,000
$ 2,100,000
$ 300,000
By: Mayor Selby
Introduced: 06/02/88
Adopted: 06/02/88
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY ESTABLISHING
HE TOTAL AMOUNT OF FUNDS TO BE MADE AVAILABLE FROM LOCAL SOURCES FOR THE
ODIAK ISLAND BOROUGH SCHOOL DISTRICT FOR FY89.
WHEREAS, AS 14.14.060 specifies that the Borough School Board
shall submit the school budget for the following school year to the Borough
Assembly by April 1 for approval; and
WHEREAS, within thirty days after receipt of the budget the
Assembly shall determine the amount of money to be made available from local
sources for school purposes and shall furnish the School Board with a
statement of the sum to be made available; and
WHEREAS, the Kodiak Island Borough School District did on March
I � I 28, 1988 approve the FY 89 budget in the amount of $15,269,000, and transmit
this to the Kodiak Island Borough Assembly; and
WHEREAS, the budget requests that a total of $2,390,000 be
appropriated from local sources; and
WHEREAS, the Kodiak Island Borough Assembly Resolution 88 -25 -R
approved the FY 89 Kodiak Island Borough School District budget in the
amount of $15,269,000 based on the projected FY 89 funding by the State of
Alaska and authorized a local appropriation in the amount of $2,390,000 from
the FY 1988 Kodiak Island Borough School Distict carry -over and funds
appropriated in the Kodiak Island Borough FY 1989 Budget.
NOW, THEREFORE, BE IT RESOLVED that the total funding of the
Kodiak Island Borough School District for fiscal year 1989 is $2,730,000
composed of:
FY89 Audit Expense $ 40,000
BE IT FURTHER RESOLVED that the Borough staff is hereby instructed
to notify the School District of this action and take all steps necessary to
assure that all necessary accounting activities are completed to accomplish
this action.
PASSED AND APPROVED this 2nd day of June, 1988.
KODIAK ISLAND BOROUGH