MEMORANDUM

TO:                Ron Long, Assembly President

Members of the Kenai Peninsula Borough Assembly

THRU:           John J. Williams, Borough Mayor

Craig Chapman, Finance Director

FROM:          Bonnie L. Golden, Grants Manager

COPY:           Melody Douglas, School District Chief Financial Officer

DATE:           August 23, 2006

SUBJECT:    Ordinance No. 2006-19-19: An Ordinance accepting and appropriating two grants from the State of Alaska totaling $405,000 for school equipment, supplies and projects

The school district requested funding from the state legislature for equipment, supplies, and various small projects for schools throughout the borough. Funding for these projects was included in Senate Bill 231, the State’s capital budget, which was passed by the legislature and signed by the Governor in July 2006. The State Department of Commerce, Community and Economic Development has notified the borough that $405,000 is available for school-related equipment, supplies, and projects. Legislative grants do not require any matching funds and are available for up to five years.

Enactment of the attached ordinance will accept and appropriate the grants, making funds available to the school district. Because this is a state grant specifically designated in the bill authorizing the purchase of equipment, it will not be considered in the school district cap formula.

Attachments:

    Ordinance, DCCED notification letter, letters from School District