NOTICE OF ADOPTION Notice is hereby given to taxpayers of Pioneer Regional School Corporation that the proper officers of Pioneer Regional School Corporation 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 Cass/White 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 50,000 50,000 50,000 2) Professional Services 4300 30,000 30,000 30,000 3) Education Specifications Development 4400 4) Building Acquisition, Construction and Improvement 4510,4520,4530 50,000 50,000 50,000 5) Rent of Buildings, Facilities and Equipment 4550 63,750 63,750 63,750 6) Purchase of Mobile or Fixed Equipment 4700 250,000 250,000 250,000 7) Emergency Allocation 4900 50,000 50,000 50,000 8) Utilities 2620 150,000 150,000 150,000 9) Maintenance of Equipment 2640 368,250 368,250 368,250 10) Sports Facility 4540 29,000 29,000 29,000 11) Property or Casualty insurance 2670 70,000 70,000 70,000 12) Other Operation and Maintenance of Plant 2680 13) Technology Instruction-Related Technology 2230 274,830 430,000 430,000 Admin Tech Services 2580 432,000 677,170 677,170 SUBTOTAL CURRENT EXPENDITURES 1,817,830 2,218,170 2,218,170 14) Allocation for Future Projects 15) Transfer From One Fund to Another 6010 TOTAL EXPENDITURES, ALLOCATIONS & TRANSFERS 1,817,830 2,218,170 2,218,170 SOURCES AND ESTIMATES OF REVENUE: 1) Projected January 1 Cash Balance 500,000 2) Less Encumbrances Carried Forward From Previous Year 500,000 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 4) Property tax revenue 1,500,000 5) Estimated Property Tax Cap Credits (show as a negative) 6) Auto excise, CVET and FIT receipts 25,000 7) Other revenue TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3,4,5, and 6) 1,525,000 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. *********************************************************************************************************************** L-386 Oct. 6 hspaxlp
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