FY2012-01 School District FY2012 Budget 1 Introduced by: Borough Manager
2 Requested by: KIBSD Board
3 Drafted by: Finance Director
Introduced on: 05/19/ 2011
4 Adopted on: 05/19/2011
5
6 KODIAK ISLAND BOROUGH
7 RESOLUTION NO. FY 2012 -01
8
9 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
10 ESTABLISHING THE MINIMUM AMOUNT OF FUNDS TO BE MADE
11 AVAILABLE FROM LOCAL SOURCES FOR THE KODIAK ISLAND BOROUGH
12 SCHOOL DISTRICT FOR THE FISCAL YEAR BEGINNING
13 JULY 1, 2011 AND ENDING JUNE 30, 2012
14
15 WHEREAS, Kodiak Island Borough Code of Ordinances 3.08.030B provides that the
16 Kodiak Island Borough Board of Education shall submit the proposed budget and local
17 support requirements for the schools by April 30; and
18 WHEREAS, the Kodiak Island Borough Board of Education submitted their proposed
19 budget and local support requirements for the schools on April 29; and
20 WHEREAS, within thirty days after receipt of the school district budget, the assembly shall
21 determine the amount of funds to be made available from local sources for school purposes
22 and shall furnish the Board of Education with a statement of the sum to be made available;
23 and
24 WHEREAS, the Board of Education has submitted a proposed budget of $45,584,836 that
25 includes a Kodiak Island Borough contribution for FY2012 of $11,185,233, of which
26 $10,321,883 is appropriation, and $863,350 is for in -kind services; and
27 WHEREAS, the amount of funds to be appropriated from local sources for school
28 purposes will be incorporated into Ordinance No. FY2012 -01, the Borough's fiscal year 2012
29 appropriation and tax levy ordinance; and
30 WHEREAS, the certified tax roll for FY2012 is $1,039,223,833; and
31 WHEREAS, FY2012 motor vehicle registration taxes are estimated at $250,000; and
32 WHEREAS, the School District appropriation stated in this resolution may be adjusted as
33 part of the Borough budget process;
34 NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
35 BOROUGH that the minimum amount to be made available to the Kodiak Island Borough
36 School District from local sources for the fiscal year ending June 30, 2012 is set at
37 $8,500,000 for both the direct appropriation and in kind services.
Kodiak Island Borough Resolution No. FY2012 -01
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38 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE
39 KODIAK ISLAND BOROUGH that a mill levy of at least 7.75 mills for education support will
40 be set for the fiscal year ending June 30, 2012.
41 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE
42 KODIAK ISLAND BOROUGH that a determination regarding additional funding may be
43 made available to the Kodiak Island Borough School District based upon federal, state, and
44 local funding available for the fiscal year ending June 30, 2012.
45 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE
46 KODIAK ISLAND BOROUGH any in -kind service expenditures over the budgeted amounts
47 will have to be absorbed by the Kodiak Island Borough School District.
48 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
49 THIS NINETEENTH DAY OF MAY, 2011
50
51 KODIAK ISLAND BOROUGH
52
53 /
54
55 _ Jere, e M. Selby, Bore • -_::uh,t4
56
57 ATTEST:
58
59 .
60
61 Nova M. Javier, MMC, Bor. ugh Clerk
Kodiak Island Borough Resolution No. FY2012 -01
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