NOTICE OF ADOPTION Notice is hereby given to taxpayers of Greensburg Community Schools that the proper officers of Greensburg 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 Decatur 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: Dept. 2017 2018 2019 EXPENDITURES: 1) Land Acquisition and Development 4100 2) Professional Services 4300 50,000 50,000 50,000 3) Education Specifications Development 4400 5,000 5,000 5,000 4) Building Acquisition, Construction and Improvement 4510,4520,4530 100,000 100,000 100,000 5) Rent of Buildings, Facilities and Equipment 4550 130,000 130,000 130,000 6) Purchase of Mobile or Fixed Equipment 4700 899,700 749,700 749,700 7) Emergency Allocation 4900 75,000 75,000 75,000 8) Utilities 2620 367,205 367,205 367,205 9) Maintenance of Equipment 2640 965,000 965,000 965,000 10) Sports Facility 4540 99,000 99,000 99,000 11) Property or Casualty insurance 2670 12) Other Operation and Maintenance of Plant 2680 13) Technology Instruction-Related Technology 2230 440,000 440,000 440,000 Admin Tech Services 2580 SUBTOTAL CURRENT EXPENDITURES 3,130,905 2,980,905 2,980,905 14) Allocation for Future Projects 15) Transfer From One Fund to Another 6010 TOTAL EXPENDITURES, ALLOCATIONS & TRANSFERS 3,130,905 2,980,905 2,980,905 SOURCES AND ESTIMATES OF REVENUE: 1) Projected January 1 Cash Balance 1,285,296 2) Less Encumbrances Carried Forward From Previous Year 39,386 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 1,245,910 4) Property tax revenue 2,184,112 5) Estimated Property Tax Cap Credits (show as a negative) 6) Auto excise, CVET and FIT receipts 147,500 TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3,4,5, and 6) 3,577,522 This notice contains future allocations for the following projects: Project-Location 2017 2018 2019 ___________________________________ _______ _______ _______ ___________________________________ _______ _______ _______ ___________________________________ _______ _______ _______ 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 2017 2018 2019 __________________________________ _______ _______ _______ __________________________________ _______ _______ _______ __________________________________ _______ _______ _______ Future Allocations as specified above are not subject to objections during the period stated in the Notice of Adoption because they have previously been advertised and subject to objection. *********************************************************************************************************************** GDN-270 Sept. 23 hspaxlp
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