The Kodiak Island Borough School District Board of Education approved the district’s Fiscal Year 2011 budget Monday night.
The budget came in at 42 million, 890 thousand and 142 dollars. The district is requesting 10 million, 713 thousand 469 dollars in support from the borough. Of that amount, around 920 thousand dollars qualifies as in-kind services.
At Monday’s meeting, board president Norm Wooten introduced the budget with these comments:
— (KIBSD Budget 1 "It’s a very … at the other end.")
School Board member Melissa Borton talked about some of the steps involved in the budget writing process.
— (KIBSD Budget 2 "We spend two … get additional money.")
Borton said that predicting budgetary needs is a tricky business that involves unknown factors.
— (KIBSD Budget 3 "If the borough … to weigh that.")
Borton said that she supports spending that has a direct affect on students. She also said that the budget process is an on-going balancing act between different needs.
— (KIBSD Budget 4 "The math specialist … of our needs.")
On Monday night the board also approved a report of revenues and expenditures for the year to date. So far, general fund revenues amount to over 23 million with expenditures at just over 20 million dollars.