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FY2013-01 KIBSD FY2013 Budget 1 Introduced by: Borough Manager 2 Requested by: School District Board Drafted by: Finance Director 3 Introduced on: 05/17/2012 4 Public Hearing: 05/17/2012 5 Adopted on: 05/17/2012 6 7 KODIAK ISLAND BOROUGH 8 RESOLUTION NO. FY 2013 -01 9 10 A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH 11 ESTABLISHING THE MINIMUM AMOUNT OF FUNDS TO BE MADE 12 AVAILABLE FROM LOCAL SOURCES FOR THE KODIAK ISLAND BOROUGH 13 SCHOOL DISTRICT FOR THE FISCAL YEAR BEGINNING 14 JULY 1, 2012 AND ENDING JUNE 30, 2013 15 16 WHEREAS, Kodiak Island Borough Code of Ordinances 3.08.030B provides that the 17 Kodiak Island Borough Board of Education shall submit the proposed budget and local 18 support requirements for the schools by April 30; and 19 WHEREAS, the Kodiak Island Borough Board of Education submit their proposed budget 20 and local support requirements for the schools on April 24; and 21 WHEREAS, within thirty days after receipt of the school district budget, the assembly shall 22 determine the amount of funds to be made available from local sources for school purposes 23 and shall furnish the Board of Education with a statement of the sum to be made available; 24 and 25 WHEREAS, the Board of Education has submitted a proposed budget of $47,753,695 that 26 includes a Kodiak Island Borough contribution for FY2013 of $10,388,388, of which 27 $9,486,538 is appropriation, and $901,850 is for in -kind services; and 28 WHEREAS, the amount of funds to be appropriated from local sources for school purposes 29 will be incorporated into Ordinance No. FY2013 -01, the Borough's fiscal year 2013 30 appropriation and tax levy ordinance; and 31 WHEREAS, FY2013 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, 2013 is set at 37 $9,931,800 for both the direct appropriation and in kind services. 38 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK 39 ISLAND BOROUGH that a mill levy of at least 9.03 mills for education support will be set for 40 the fiscal year ending June 30, 2013. Kodiak Island Borough Resolution No. FY2013 -01 Page 1 of 2 41 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK 42 ISLAND BOROUGH that a determination regarding additional funding may be made available 43 to the Kodiak Island Borough School District based upon federal, state, and local funding 44 available for the fiscal year ending June 30, 2013. 45 NOW, THEREFORE, BE IT FURTHER RESOLVED BY THE ASSEMBLY OF THE KODIAK 46 ISLAND BOROUGH any in -kind service expenditures over the budgeted amounts will have to 47 be absorbed by the Kodiak Island Borough School District. 48 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH 49 THIS SEVENTEENTH DAY OF MAY, 2012 50 51 KODIAK ISLAND BOROUGH 52 C-21-11. 53 54 55 Jer`g M. Selby; Borough_ o 56 57 ATTEST: 58 9 5 I111��Y��/( (�ll���YYYjjjj����UUUU,��{{���� 60 61 Nova M. Javier, MMCijsrough Clerk Kodiak Island Borough Resolution No. FY2013 -01 Page 2 of 2