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: 2600 South 600 West Russiaville IN 46979 Notice is hereby given to taxpayers of Western School Corporation that the proper officers of Western 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 Western School Corporation may adopt the proposed plan as presented or with revisions. Public Hearing Date: September 20, 2016 Public Hearing Time: 6:00 p.m. Public Hearing Place: Western School Corporation Board Room, 2600 South 600 W. Russiaville IN 46979 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 32,000 31,500 31,000 2) Professional Services 4300 2,800 2,800 3) Education Specifications Development 4400 4) Building Acquisition, Construction and Improvement 4510, 4520, 4530 452,600 396,290 251,250 5) Rental of Buildings, Facilities and Equipment 4550 86,000 90,500 86,000 6) Purchase of Mobile or Fixed Equipment 4700 226,190 179,890 162,450 7) Emergency Allocation 4900 650,000 50,000 50,000 8) Utilities (Maintenance of Buildings) 2620 415,641 415,641 415,641 9) Maintenance of Equipment 2640 320,250 317,350 311,600 10) Sports Facility 4540 75,000 75,000 75,000 11) Property or Casualty Insurance 2670 12) Other Operation and Maintenance of Plant 2680 13) Technology Instruction-Related Technology 2230 532,894 503,334 434,334 Admin Tech Services 2580 SUBTOTAL CURRENT EXPENDITURES 2,793,375 2,059,505 1,820,075 14) Allocation for Future Projects 15) Transfer From One Fund to Another 6010 TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 2,793,375 2,059,505 1,820,075 SOURCES AND ESTIMATES OF REVENUE 1) Projected January 1 Cash Balance 388,947 400,000 400,000 2) Less: Encumbrances Carried Forward from Previous Year 400,000 400,000 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 4) Property Tax Revenue 2,264,248 2,115,116 2,115,876 5) Estimated Property Tax Cap Credits (show as a negative) 6) Auto Excise, CVET and FIT receipts 140,000 100,000 100,000 7) Other Revenue TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 2,793,375 2,215,116 2,215,876 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: Western School Corporation 2600 S. 600 W. Russiaville, IN 46979. Notice is hereby given to taxpayers of Western School Corporation that the proper officers of Western 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 Western School Corporation may adopt the proposed plan as presented or with revisions. Public Hearing Date: September 20, 2016 Public Hearing Time: 6:00 p.m. Public Hearing Place: Western School Corporation Board Room, 2600 S. 600 W. Russiaville, IN 46979 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 35 2 $220,000 2018 35 2 $220,000 2019 35 2 $240,000 2020 35 2 $240,000 2021 35 2 $240,000 2022 35 2 $220,000 2023 35 2 $220,000 2024 35 2 $200,000 2025 35 2 $240,000 2026 35 2 $170,000 2027 35 2 $170,000 2028 35 2 $170,000 **************************************************************************************************** SOURCES AND ESTIMATES OF REVENUE 2017 1) Projected January 1 Cash Balance 8,277 2) Less: Encumbrances Carried Forward from Previous Year 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 8,277 4) Property Tax Revenue 294,976 5) Estimated Property Tax Cap Credits (show as a negative) 6) Auto Excise, CVET and FIT receipts 4,040 7) Other Revenue TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 307,293 K-698 Sept. 1 hspaxlp
↧