DENALI BOROUGH, ALASKA

RESOLUTION NO. 04- 05

A RESOLUTION DETERMINING THE TOTAL AMOUNT OF FUNDING TO BE MADE AVAILABLE FROM DENALI BOROUGH SOURCES FOR SCHOOL PURPOSES IN ACCORDANCE WITH DENALI BOROUGH CODE OF ORDINANCES, CHAPTER 30, SECTION 9.

WHEREAS, the Denali Borough assumed local education powers on July 2, 1992; and

WHEREAS, the Denali Borough Code of Ordinances, Chapter 30, Section 9 requires the Denali Borough School Board to submit the school budget for the following school year to the Borough Assembly by April 1 for approval of the total amount; and

WHEREAS, the Denali Borough School Board did indeed submit their school budget for fiscal year 2005 on March 24, 2004 which included a request of Denali Borough funds for the amount of $1,276,650;

AND WHEREAS, the Denali Borough Assembly is required to determine the total amount of money to be made available from local sources for school purposes within 30 days after receipt of the School District budget.

THEREFORE BE IT RESOLVED: that the Denali Borough Assembly determines the total amount of Denali Borough funding for Denali Borough School District purposes to be

$564,194.

PASSED and APPROVED by the DENALI BOROUGH ASSEMBLY 7^th day of April, 2004.

SIGNATURE ON FILE

Mayor

ATTEST: SIGNATURE ON FILE

Borough Clerk