2002-17 KIBSD Budget FundsKODIAK ISLAND BOROUGH
RESOLUTION NO. 2002 -17
Requested by:
Drafted by:
Introduced:
Public Hearing:
Adopted:
Kodiak Island Borough
Board of Education
Finance Director
05/16/2002
05/16/2002
05/16/2002
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
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FROM LOCAL SOURCES FOR THE KODIAK ISLAND BOROUGH SCHOOL DISTRICT
FOR THE FISCAL YEAR BEGINNING JULY 1, 2002 AND ENDING JUNE 30, 2003
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 $26,268,623
that includes $7,354,198 (including an additional Kodiak Island Borough assembly
appropriation of $730,670) 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. 2002 -10, the Borough's fiscal
year 2003 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, 2003 is set at
$25,547,365 including a Kodiak Island Borough local contribution of $7,363,610 of
which $6,381,440 is cash and $982,170 is in -kind services.
NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK
ISLAND BOROUGH that a 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, 2002.
Kodiak Island Borough, Alaska Resolution No. 2002 -17
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ATTEST:
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS SIXTEENTH DAY OF MAY, 2002
udith A. Nielsen, C
c, Borough Clerk
KODIAK ISLAND BOROUGH
fl 4,4
Gabrielle LeDoux, Mayor
Kodiak Island Borough, Alaska Resolution No. 2002 -17
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