1985-30 Approving the FY86 School District Budget and Determining the Total Amount of Money to be Made Available from Local Sources.KODIAK ISLAND BOROUGH
RESOLUTION NO. 85-30-R
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY APPROVING THE
FY 86 SCHOOL DISTRICT BUDGET AND DETERMINING THE TOTAL AMOUNT OF MONEY TO
BE MADE AVAILABLE FROM LOCAL SOURCES.
WHEREAS, AS 14.14.060 specifies that the Borough School Board
shall submit the school budget for the following school year to the Borough
Assembly by April 1 for approval, and
WHEREAS, within thirty days after receipt of the budget the
Assembly shall determine the amount of money to be made available from
local sources for school purposes and shall furnish the School Board with
a statement of the sum to be made available, and
WHEREAS, the Kodiak Island Borough School District did on March
29, 1985 approve the FY 86 budget in the amount of $16,278,000, and
transmit this to the Kodiak Island Borough Assembly, and
WHEREAS, the budget requests that a total of $2,280,749 be
appropriated from local sources.
NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough
Assembly accepts the FY 86 Kodiak Island Borough School District budget
in the amount of $16,278,000 and hereby authorizes a local appropriation
in the amount of $2,280,749 from the following local sources:
Kodiak Island Borough FY 1986 Budget $1,270,000
Kodiak Island Borough School District
FY 1985 Estimated Fund Balance 498,249
Kodiak Island Borough School District
Restricted Funds (KIB Resolution No. 83-31-R) 342,500
Total $2,110,749
BE IT FURTHER RESOLVED that the Borough staff is hereby instruc-
ted to notify the School District of this action and take all steps neces-
sary to assure that the local appropriation is included in the FY 86 Kodiak
Island Borough budget.
PASSED AND APPROVED this 18th day of April , 1965
by the Borough Assembly.
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OF
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