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: 3750 E. 300 S., Kokomo, IN. Notice is hereby given to taxpayers of Taylor Community School Corporation that the proper officers of Taylor Community School Corporation 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 Taylor Community School Corporation may adopt the proposed plan as presented or with revisions. Public Hearing Date: Wednesday, September 14, 2016 Public Hearing Time: 5:30 p.m. Public Hearing Place: Titan Annex Cafeteria, 3700 E. 300 S., Kokomo, IN 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 proposed plan: EXPENDITURES Dept. 2017 2018 2019 1) Land Acquisition and Development 4100 2) Professional Services 4300 3,500 1,500 1,500 3) Education Specifications Development 4400 4) Building Acquisition, Construction and Improvement 4510, 4520, 4530 68,000 122,700 118,000 5) Rental of Buildings, Facilities and Equipment 4550 119,000 119,000 119,000 6) Purchase of Mobile or Fixed Equipment 4700 118,000 182,000 177,000 7) Emergency Allocation 4900 250,000 50,000 50,000 8) Utilities (Maintenance of Buildings) 2620 329,424 329,424 329,424 9) Maintenance of Equipment 2640 131,000 202,000 202,000 10) Sports Facility 4540 24,000 24,000 24,000 11) Property or Casualty Insurance 2670 12) Other Operation and Maintenance of Plant 2680 13) Technology Instruction-Related Technology 2230 Admin Tech Services 2580 SUBTOTAL CURRENT EXPENDITURES 1,042,924 1,030,624 1,020,924 14) Allocation for Future Projects 15) Transfer From One Fund to Another 6010 TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 1,042,924 1,030,624 1,020,924 SOURCES AND ESTIMATES OF REVENUE 1) Projected January 1 Cash Balance 10 2) Less: Encumbrances Carried Forward from Previous Year 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 10 4) Property Tax Revenue 1,205,694 5) Estimated Property Tax Cap Credits (show as a negative) (249,580) 6) Auto Excise, CVET and FIT receipts 86,800 7) Other Revenue TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 1,042,924 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. ************************************************************************************************************ NOTICE TO TAXPAYERS Complete details of the Bus Replacement Fund plan may be seen by visiting the office of this unit of government at the following address: 3750 E. 300 S., Kokomo, IN. Notice is hereby given to taxpayers of Taylor Community School Corporation that the proper officers of Taylor Community School Corporation will conduct a public hearing on the year 2017 proposed Bus Replacement Fund Plan pursuant to IC 20-46-5. Following the public hearing, the proper officers of Taylor Community School Corporation may adopt the proposed plan as presented or with revisions. Public Hearing Date: Wednesday, September 14, 2016 Public Hearing Time: 5:30 p.m. Public Hearing Place: Titan Annex Cafeteria, 3700 E. 300 S., Kokomo, IN 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 proposed plan: No. of Buses to be Total Estimated Year No. of Buses Owned Replaced Replacement Cost Total Contract Costs 2017 14 1 140,000 2018 14 1 110,000 2019 14 1 120,000 2020 14 1 85,000 2021 14 1 150,000 2022 14 1 90,000 2023 14 1 135,000 2024 14 1 150,000 2025 14 1 170,000 2026 14 1 95,000 2027 14 1 165,000 2028 14 1 180,000 **************************************************************************************************** The proposed plan includes the replacement of a school bus earlier than its anticipated replacement date. Evidence of need for replacement is detailed in the proposed plan. **************************************************************************************************** SOURCES AND ESTIMATES OF REVENUE 2017 1) Projected January 1 Cash Balance 69,715 2) Less: Encumbrances Carried Forward from Previous Year 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 69,715 4) Property Tax Revenue 122,386 5) Estimated Property Tax Cap Credits (show as a negative) (26,201) 6) Auto Excise, CVET and FIT receipts 9,100 7) Other Revenue TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 175,000 K-688 Sept. 1 hspaxlp
↧