NOTICE TO TAXPAYERS Complete details of the Capital Projects Fund plan may be seen by visiting the office of this unit of government at the following address: Middlebury Community Schools Administration Center, 56853 Northridge Drive, Middlebury, IN 46540. Notice is hereby given to taxpayers of Middlebury Community Schools that the proper officers of Middlebury Community Schools will conduct a public hearing on the year 2017 proposed Capital Projects Fund Plan pursuant to IC 20-46-6-11. Following the public hearing, the proper officers of Middlebury Community Schools may adopt the proposed plan as presented or with revisions. Public Hearing Date: Tuesday, September 20,2016 Public Hearing Time: 4:00 PM Public Hearing Location: Middlebury Community Schools Administration Center, 56853 Northridge Drive, Middlebury IN 46540 Taxpayers are invited to attend the meeting for a detailed explanation of the plan and to exercise their rights to be heard on the proposed plan. If the proposed plan is adopted by resolution, such plan will be submitted to the Department of Local Government Finance for approval. The following is a general outline of the plan: Dept. 2017 2018 2019 EXPENDITURES (1) Land Acquisiiton and Development 4100 - (2) Professional Services 4300 - (3) Education Specifications Development 4400 - (4) Building Acquisition, Construction, Improvement 4510, 4520, 4530 616,000 1,501,000 231,000 (5) Rental of Buildings, Facilities and Equipment 4550 596,500 596,500 596,500 (6) Purchase of Mobile or Fixed Equipment 4700 674,087 704,919 663,204 (7) Emergency Allocation 4900 (8) Utilities (Maintenance of Buildings) 2620 576,897 576,897 576,897 (9) Maintenance of Equipment 2640 243,850 243,850 243,850 (10) Sports Facility 4540 25,000 10,000 10,000 (11) Property or casualty insurance 2670 103,600 103,600 103,600 (12) Other Operation and Maintenance of Plant 2680 158,766 163,974 169,389 (13) Technology Instruction - Related Technology 2230 821,122 785,462 794,264 Admin. Tech Services 2580 - SUBTOTAL CURRENT EXPENDITURES 3,815,822 4,686,202 3,388,704 (14) Allocation for Future Projects (15) Transfer From One Fund to Another 6010 TOTAL EXPENDITURES AND ALLOCATIONS 3,815,822 4,686,202 3,388,704 SOURCES AND ESTIMATES OF REVENUE (1) Projected January 1 Cash Balance 194,621 (2) Less: Encumbrances Carried Forward form Previous Year (3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 194,621 - - (4) Property Tax Revenue 3,485,544 4,444,762 3,147,264 (5)Estimated Property Tax Cap Credits (show as negative) (95,398) (6)Auto Excise, CVET and FIT receipts 241,440 241,440 241,440 (7)Other Revenue TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5, 6) 3,826,207 4,686,202 3,388,704 This notice contains future allocations for the following projects: Project - Location 20__ 20__ 20__ Future allocations as specified above will be subject to objections during the period stated in the Notice of Adoption to be published at a later date. ************************************************************************************************************ TO BE PUBLISHED IN YEARS AFTER THE FIRST YEAR This notice contains future allocations for the following projects, which have previously been subject to taxpayer objections. Project - Location 20__ 20__ 20__ Future allocations as specified above are not subject to objections during the period stated in the Notice of Adoption to be published at a later date. ************************************************************************************************************ August 31 hspaxlp
↧