1997 - 10-06-97 Regular Meeting - Laserfiche WebLink

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0 e00~ 17 pp r 'I3 026 JOINT RESOLUTION AND SETTLEMENT AGREEMENT WHEREAS, the Lee County Board of Commissioners ("Commissioners") and the Lee County Board of Education ("Board of Education") have litigation pending in the Lee County Superior Court under file no. 97CVS671 with respect to the dispute between them regarding the school appropriation for FY 1997-1998; and, WHEREAS, both Boards have determined it is in the best interest of each Board and the community at large that, in addition to resolving matters relating to the fiscal year 1997-1998 budget, a process be established which will reduce annual disagreement between the Boards regarding the level of appropriation for the annual operating expenses (Current Expense and Capital Outlay); and, WHEREAS, the purposes of this agreement are to settle the matters in controversy regarding the school current expense and capital outlay appropriation for the fiscal year 1997-1998 involved in the litigation pending under file no. 97CVS671 in the Lee County Superior Court and to implement a process for future years' appropriations which more closely aligns the responsibility for funding of schools with that of developing and managing school programs and policies. NOW THEREFORE, IN CONSIDERATION OF THE MUTUAL PROMISES CONTAINED HEREIN, THE LEE COUNTY BOARD OF COMMISSIONERS AND THE LEE COUNTY BOARD OF EDUCATION RESOLVE AND AGREE AS FOLLOWS: 1. For the fiscal year 1997-1998 the Commissioners shall, in addition to the funds previously appropriated to the Board of Education, appropriate Five Hundred Thousand Dollars ($500,000) to the Board of Education to pay supplements in the amount of Three Hundred Eighty-Eight Thousand Dollars ($388,000) to certified teachers and the amount of One Hundred Twelve Thousand Dollars ($112,000) to be used for current expense. The total appropriation for fiscal year 1997-98 will be approximately the amount determined by applying a tax rate of thirty-three cents (33¢) per One Hundred Dollars ($100.00) of valuation to the ad vatorem tax base of the County 2. The Board of Education will file a dismissal with prejudice with respect to the pending litigation under file number 97CVS671 in the Lee County Superior Court and will not file any other court proceeding with regard to establishing the sufficient amount of money appropriated by the Commissioners to the local current expense fund, or the capital outlay fund, or both for the fiscal year 1997-1998.