September 14, 2015 at 5:00 PM - Special Meeting Budget Hearing

BOARD RESOLUTION 9-14-15-1

ADOPTION OF BUDGET

            WHEREAS, a public hearing before the Board of Education of Keith County School District #1 (hereinafter “the Board”) was called for the purpose of receiving testimony relating to the 2015-2016 budget for the General, Special Building, Depreciation Reserve, Qualified Capital Purpose Undertaking, Employee Benefit, School Lunch, School Activity, Bond and Student Fees Funds;

            and WHEREAS, notice of such public hearing was duly given at least five days in advance;

            NOW BE IT THEREFORE RESOLVED that the 2015-2016 fiscal year budget adopted as published and presented.

BOARD RESOLUTION

2015-2016 TAX REQUEST RESOLUTION

FOR

KEITH COUNTY SCHOOL DISTRICT 1

            WHEREAS, public notice was given at least five days in advance of a Special Public Hearing called for the purpose of discussing and approving or modifying the district’s Tax Requests for the 2015-2016 school fiscal year for the General Fund, Qualified Capital Purpose Undertaking Fund, Building Fund; and,

            WHEREAS, such Special Public Hearing was held before the Board of Education (hereinafter “the Board”) of Keith County School District #1 (hereinafter “the District”) at the time, date, and place announced the notice published in a newspaper of general circulation, a copy of which notice and proof of publication is attached hereto as Exhibit A, all as required by law; and,

            WHEREAS, the Board provided an opportunity to receive comment, information and evidence from persons in attendance at such Special Hearing; and,

            WHEREAS, the Board after having reviewed the District’s Tax Requests for each said fund, and after public consideration of the matter, has determined that the Final Tax Requests as listed below are necessary in order to carry out the function of the District, as determined by the Board for the 2015-2016 school fiscal year.

            NOW BE IT THEREFORE RESOLVED that (1) the Tax Request for General Fund should be, and hereby is set at $8,731,556.48; (2) the Tax Request for the Special Building Fund should be, and hereby is set at $303,030.30; (3) the tax Request for the Qualified Capital Purpose Undertaking Fund should be, and hereby is set at $454,545.45, the Tax Request for the Bond Fund should be, and hereby is set at $1,161,616.15.