NOTICE TO TAXPAYERS Notice is hereby given to taxpayers of Concord Community Schools that the proper officers of Concord 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 Elkhart 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 proposed plan: EXPENDITURES Dept. 2017 2018 2019 1)Land Acquisition and Development 4100 2)Professional Services 4300 17,000 17,000 17,000 3)Education Specifications Development 4400 4)Building Acquisition, Construction and Improvement 4510, 4520, 4530 290,000 265,000 265,000 5)Rental of Buildings, Facilities and Equipment 4550 815,000 815,000 815,000 6)Purchase of Mobile or Fixed Equipment 4700 139,000 144,000 144,000 7)Emergency Allocation 4900 40,000 40,000 40,000 8)Utilities 2620 783,200 783,200 783,200 9)Maintenance of Equipment 2640 315,000 320,000 330,000 10)Sports Facility 4540 75,000 - - 11)Property of Casualty Insurance 2670 50,000 50,000 50,000 12)Other Operation and Maintenance of Plant 2680 24,030 24,030 24,030 13)Technology Instruction-Related Technology 2230 372,000 375,750 375,750 Admin Tech Services 2580 1,185,000 1,233,500 1,233,500 SUBTOTAL CURRENT EXPENDITURES 4,105,230 4,067,480 4,077,480 14)Allocation for Future Projects 700,000 800,000 800,000 15)Transfer from One Fund to Another 6010 - - - TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 4,805,230 4,867,480 4,877,480 SOURCES AND ESTIMATES OF REVENUE 1) Projected January 1 Cash Balance 541,151 700,000 800,000 2) Less: Encumbrances Carried Forward from Previous Year 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 541,151 700,000 800,000 4) Property Tax Revenue 4,685,275 4,017,480 4,027,480 5) Auto Excise, CVET and FIT receipts 139,775 150,000 150,000 6) Other Revenue - TOTAL FUNDS AVAILABLE FOR PLAN (add lines 3, 4, 5 and 6) 5,366,201 4,867,480 4,977,480 This notice contains future allocations for the following projects: Project-Location 2017 2018 2019 Concord High School Expansion 100,000 100,000 100,000 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 2018 2019 2020 Concord High School Expansion 600,000 700,000 700,000 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. ************************************************************************************************************** October 5 hspaxlp
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