FY2008-36 KIBSD Budget FundsA 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, 2008 AND ENDING JUNE 30, 2009
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, the Kodiak Island Borough Board of Education submitted their proposed budget
and local support requirements for the schools on April 30 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 $35,481,978 that
includes a Kodiak Island Borough contribution for FY2009 of $10,307,684, of which $9,395,334
is appropriation and $912,350 is for in kind services; and
WHEREAS, the amount of funds to be appropriated from local sources for school purposes
will be incorporated into Ordinance No. FY2009 -01, the Borough's fiscal year 2009
appropriation and tax levy ordinance; and
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, 2009 is set at $35,481,978 including a
Kodiak Island Borough local contribution of $10,307,684, of which $9,334,834 is cash and
$972,850 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, state, and local funding
available for the fiscal year ending June 30, 2009.
NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK
ISLAND BOROUGH any in -kind service expenditures over the budgeted amounts will have to
be absorbed by the Kodiak Island Borough School District.
ATTEST:
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS col >7r% DAY OF )2 / 2008
Kodiak Island Borough
KODIAK ISLAND BOROUGH
RESOLUTION NO. FY2008 -36
Requested by: KIB Board of Education
Drafted by: Finance Director
Introduced: 05/15/2008
Public Hearing: 05/15/2008
Adopted: 05/15/2008
KODIAK ISLAND BOROUGH
rome M. Selby, Borough Mayor
Resolution No. FY2008 -36
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