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2000-17 KIBSD BudgetKODIAK ISLAND BOROUGH RESOLUTION NO. 2000 -17 Requested by: Drafted by: Introduced: Public Hearing: Adopted: Kodiak Island Borough Board of Education Finance Director 05/16/2000 05/16/2000 05/16/2000 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH ESTABLISHING THE MINIMUM AMOUNT OF FUNDS TO BE MADE AVAILABLE FROM LOCAL SOURCES FOR THE KODIAK ISLAND BOROUGH SCHOOL DISTRICT FOR THE FISCAL YEAR BEGINNING JULY 1, 2000 AND ENDING JUNE 30, 2001 WHEREAS, Kodiak Island Borough Code of Ordinances 3.08.030B provides that the Kodiak Island Borough Board of Education shall submit the proposed budget and local support requirements for the schools by the thirtieth of April; and WHEREAS, 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 $23,047,313 that includes $6,649,145 (including an additional KIB assembly appropriation of $410,130) in revenue from the Borough as a local source; and WHEREAS, major items of legislation that would affect the funds available from local sources are yet to be enacted by the federal congress and state legislature; and WHEREAS, the actual amount of funds to be appropriated from local sources for school purposes will be incorporated into Ordinance No. 2000 -10, the Borough's fiscal year 2001 appropriation and tax levy ordinance; NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH that the minimum amount for the Kodiak Island Borough School District education operating budget for the fiscal year ending June 30, 2001 is set at $23,068,598 including a transfer of $5,966,440 and in -kind services of $703,990 from the Kodiak Island Borough as the local source. NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH that an additional determination regarding additional funding may be made available to the Kodiak Island Borough School District based upon federal and state funding available for the fiscal year ending June 30, 2001. Kodiak Island Borough, Alaska Resolution No. 2000 -17 Page 1 of 2 AT ST: ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS SIXTEENTH DAY OF MAY, 2000 Judith A. ielsen, CMC, Borough Clerk , ,K-0-13-1-4,K I S L D BO L. Sevens, Mayor Kodiak Island Borough, Alaska Resolution No. 2000 -17 Page 2 of 2