1986-32 Approving the FY87 School District Budget and Determining the Total Amount of Funds to Be Made Available from Local Sources.KODIAK ISLAND BOROUGH
RESOLUTION N0. 66-32-R(A)
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY APPROVING THE
FY IT SCHOOL DISTRICT BUDGET AND DETERMINING THE TOTAL AMOUNT OF FUNDS TO BE
MADE AVAILABLE FROM LOCAL SOURCES.
WHEREAS, AS 11.14.060 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
I
WHEREAS, the Kodiak Island Borough School District did on March 3f,
1986 approve the FY 87 eudg•t in the amount of 116,259,029, and transmit this
'Ito the Kodiak Island Borough Assembly, and
WHEREAS, the budget requests that ■ total of 82,205,825 be appro-
priated from local sources.
NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island Borough
I
.Assembly accepts the FY 87 Kodiak Island Borough School District budget in the
amount of 816,259,029 and hereby authorizes a local appropriation in the
amount of 82,205,825 from the following local sources:
Kodiak Island Borough FY 1981 Budget 81,205,825
98Kodiak Island Borough School District
FY 16 Estimated Fund Balance
500.000
Total
81,705,825
j BE IT FURTHER RESOLVED that the Borough staff is hereby instructed
to notify the School District of this action and take all step• necessary to
*$sure that the local appropriation is included in the FY 87 Kodiak Island
budget.
I,
it PASSED AND APPROVED this 1_ day of April
1986
by the Borough Assembly.
KODIAK ISLAND BOROUGH
By
�r
II _
Borough Mayor q
BY v �y lrr
Pre ding Officer
ATTEST:
:1
BY`.-
Borough Clark 1