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2001-03 Increase Educational Formula FundingA RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH URGING THE TWENTY - SECOND ALASKA STATE LEGISLATURE TO INCREASE THE EDUCATIONAL FORMULA FUNDING WHEREAS, Article VII Section 1 of the Constitution of the State of Alaska states that th legislature shall establish and maintain a system of public schools; and WHEREAS, provisions of Alaska Statutes Title 14 address financing of public school through distribution of funds to school districts in the state foundation formula which ha not been adjusted to adequately keep pace with annual cost of living and inflatio adjustments; and WHEREAS, the Twenty- Second Alaska State legislature has two bills filed, Senate Bill 1 relating to an increase in the base student allocation and Senate Bill 42 requiring annual inflation adjustments to the State foundation formula. Both Bills properly address school funding and future financing of public schools; NOW, THEREFORE, BE IT RESOLVED THAT THE KODIAK ISLAND BOROUGH ASSEMBLY unanimously urges the Twenty- Second legislature to adopt Senate Bill 1 and Senate Bill 42. ATTEST: L4"‘/t dcf C r udith A. Nielsen, Mc, Borough Clerk KODIAK ISLAND BOROUGH RESOLUTION NO. 2001 -03 Introduced by: Manager Jensen Requested by: Assembly Drafted by: Manager Jensen Introduced: 02/01/2001 Adopted: 02/01/200 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH THIS FIRST DAY OF FEBRUARY, 2001 KODIAK ISLAND BOROUGH Robin Heinrichs, Borough Deputy Mayor Kodiak Island Borough, Alaska Resolution No. 2001 -03 Page 1 of 1