Loading...
1992-13 Approving the FY 1993 School District Budget and Determining the Total Amount of Funds to be Made Available from Local Sources.KODIAK ISLAND BOROUGH RESOLUTION NO. 92 -13 Introduced by: Mayor Selby Requested by: KIB School Board Drafted by: Mayor Selby Introduced: 04/16/92 Adopted: 04/16/92 A RESOLUTION APPROVING THE FY 1993 SCHOOL DISTRICT BUDGET AND DETERMINING THE TOTAL AMOUNT OF FUNDS TO BE MADE AVAILABLE FROM LOCAL SOURCES 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 30, 1992 approve the FY 1993 budget in the amount of $18,024,000 and transmit this to the Kodiak Island Borough Assembly; and WHEREAS, the apparent resolution of the Teacher Retirement System funding will reduce the total budget to $17,724,000; and WHEREAS, the budget requests that a total of $3,450,000 and additional in -kind services be appropriated from local sources; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THAT: Section 1: The Assembly accepts the FY 1993 Kodiak Island Borough School District budget in the amount of $17,724,000 based on the projected FY 1993 funding by the State of Alaska, and hereby authorizes funds appropriated in the Kodiak Island Borough FY 1993 budget for the FY 1993 School District budget as follows: $3,200,000 New local appropriation $3,200,000 Total Local Appropriation Kodiak Island Borough, Alaska Resolution No. 92 -13 Page 1 of 2 Section 2: The Borough staff is hereby instructed to notify the School District of this action and take all steps necessary to ensure that the local appropriation is included in the FY 1993 Kodiak Island Borough budget. ATTEST: (Down A Borough Clerk PASSED AND APPROVED THIS 16th DAY OF APRIL, 1992. KODIAK ISLAND BOROUGH et JA"41/ Borp!}Igh Mayor Kodiak Island Borough, Alaska Resolution No. 92 -13 Page 2 of 2