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1990-29 Funds to be Made Available from Local Sources.By: Mayor Selby Introduced: 04/19/90 Adopted: 04/19/90 Rescinded: 06/07/90 Amended: 06/07/90 Adopted: 06/07/90 KODIAK ISLAND BOROUGH RESOLUTION NO. 90-29 A RESOLUTION APPROVING THE FY 91 SCHOOL DISTRICT BUDGET AND DETERMINING THE TOTAL AMOUNT OF FUNDS TO BE MADE AVAILABLE FROM LOCAL SOURCES WHEREAS, AS 14.14.060 specified 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 26, 1990 approve the FY 91 budget in the amount of $16,240,000, and transit this to the Kodiak Island Borough Assembly; and WHEREAS, the budget requests that a total of $3,468,000 be appropriated from local sources; NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough Assembly accepts the FY 91 Kodiak Island Borough School District budget in the amount of $16,100,000 based on the projected FY 91 funding by the State of Alaska and hereby authorizes funds appropriated in the Kodiak Island Borough FY 1991 budget for the FY 1991 School District budget as follows: Resolution No. 90-29 Page 1 of 2 $2,100,000 New local appropriation 760,000 Carry over funds 468,000 Insurance and other direct costs paid by Borough $3,328,000 Total Local Appropriation 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 the local appropriation is included in the FY 91 Kodiak Island Borough budget. PASSED AND APPROVED THIS 7th DAY OF JUNE, 1990. ATTEST: 0 ^ Borough Elerk (Deputy) KODIAK ISLAND BOROUGH H ough Mayor siding Officer Resolution No. 90-29 Page 2 of 2