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1988-25 Approving the FY89 School District Budget and Determining the Total Amount of Funds to be Made Available from Local Sources.KODIAK ISLAND BOROUGH RESOLUTION NO. 66-26-R A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY APPROVING THE FY 89: IISCHOOL DISTRICT BUDGET AND DETERMINING THE TOTAL AMOUNT OF FUNDS TO BE MADE !;AVAILABLE FROM LOCAL SOURCES. WHEREAS. AS 11.11.060 specifies that the Borough School Board shell lsubmit the school budget for the following school year to the Borough Assembly ,by April I for approval, and IWHEREAS, within thirty days after receipt of the budget the Assembly I6hall 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 Ito be made available, and j WHEREAS, the Kodiak Island Borough School District did on Much 28. 1968 approve the FY 69 budget in the amount of $16.269,000, and transmit this to Kodiak Island Borough Assembly, and WHEREAS, the budget requests that a total of 62,390,000 be ppropriated from local sources. NOW. THEREFORE, BE IT RESOLVED that the Kodiak Island Borough Assembly accepts the FY 89 Kodiak Island Borough School District budget in the amount of 816,269,000 based on the projected FY 89 funding by the State of Alaska and 1, hereby authorizes a local appropriation in the amount of 62,390,000 from the FY 1986 Kodiak Island Borough School Distict carry-over and funds appropriated in the Kodiak Island Borough FY 1969 Budget. BE IT FURTHER RESOLVED that the Borough staff is hereby instructed to notify the School District of this action and take all steps necessary to assure that the local appropriation is included in the FY 69 Kodiak Island Borough budget. PASSED AND APPROVED this 21 day of April .1988. KODIAK ISLAND BOROUGH Borough Jlay..nr By W Ptirsolaill Officer ATTEST,