NOTICE OF ADOPTION Notice is hereby given to taxpayers of Sheridan Community Schools that the proper officers of Sheridan Community Schools have established a Capital Projects Fund and adopted a plan under IC 20-46-6-5. Ten or more taxpayers in the school corporation who will be affected by the plan may file a petition with the County Auditor of Hamilton/Boone County, not later than ten (10) days after the publication of this notice, setting forth their objections to the plan. Upon filing of the petition, the County Auditor shall immediately certify the same to the Department of Local Government Finance. The Department will then fix a date and conduct a public hearing on the plan before issuing its approval, disapproval, or modification thereof. The following is a general outline of the adopted plan: EXPENDITURES: Dept. 2017 2018 2019 1) Land Acquisition and Development 4100 2) Professional Services 4300 3) Education Specifications Development 4400 4) Building Acquisition, Construction and Improvement 4510, 4520, 4530 1,076,748 1,087,515 1,098,390 5) Rental of Buildings, Facilities and Equipment 4550 48,000 48,480 48,965 6) Purchase of Mobile or Fixed Equipment 4700 29,000 29,290 29,583 7) Emergency Allocation 4900 15,000 15,150 15,302 8) Utilities 2620 179,539 181,334 183,147 9) Maintenance of Equipment 2640 115,000 116,150 117,312 10) Sports Facility 4540 10,000 10,100 10,201 11) Property or Casualty Insurance 2670 46,000 46,460 46,925 12) Other Operation and Maintenance of Plant 2680 13) Technology Instruction-Related Technology 2230 371,861 383,016 394,506 Admin Tech Services 2580 119,733 123,325 127,025 SUBTOTAL CURRENT EXPENDITURES 2,010,881 2,040,820 2,071,356 14) Allocation for Future Projects 350,000 15) Transfer From One Fund to Another 6010 TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 2,360,881 2,040,820 2,071,356 SOURCES AND ESTIMATES OF REVENUE 1) Projected January 1 Cash Balance 651,698 863,472 960,895 2) Less: Encumbrances Carried Forward from Previous Year 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 651,698 863,472 960,895 4) Property Tax Revenue 1,993,661 2,003,629 2,013,647 5) Estimated Property Tax Cap Credits (show as a negative) (72,649) (72,028) (69,252) 6) Auto Excise, CVET and FIT receipts 65,032 61,047 55,593 7) Other Revenue TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 2,637,742 2,856,120 2,960,883 This notice contains future allocations for the following projects: Project - Location 2017 2018 2019 High School Remodeling 350,000 _______ _______ __________________________ ________ ________ ________ Future allocations as specified above will be subject to objections during the period stated in the Notice of Adoption. ************************************************************************************************************************** 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 201_ 201_ 201_ _________________________ _______ _______ _______ _________________________ _______ ________ _______ Future allocations as specified above are not subject to objections during the period stated in this Notice of Adoption because they have previously been advertised and subject to objection. TLR-413 9/16 #1226507 hspaxlp
↧