NOTICE OF ADOPTION Notice is hereby given to taxpayers of Mill Creek Community School Corporation that the proper officers of Mill Creek Community 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 Hendricks 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 or disapproval thereof. The following is a general outline of the adopted plan: EXPENDITURES Dept. 2017 2018 2019 1) Land Acquisition and Development 4100 65,000 65,000 45,000 2) Professional Services 4300 5,000 5,000 5,000 3) Education Specifications Development 4400 4) Building Acquisition, Construction and Improvement 4510,4520,4530 351,591 356,591 356,591 5) Rental of Buildings, Facilities and Equipment 4550 70,000 70,000 70,000 6) Purchase of Mobile or Fixed Equipment 4700 237,700 227,700 237,700 7) Emergency Allocation 4900 300,000 300,000 300,000 8) Utilities 2620 287,161 287,161 287,161 9) Maintenance of Equipment 2640 41,000 41,000 41,000 10) Sports Facility 4540 11) Property or Casualty Insurance 2670 12) Other Operation and Maintenance of Plant 2680 13) Technology Instruction-Related Technology 2230 277,280 285,420 289,420 Admin Tech Services 2580 295,000 302,000 309,000 SUBTOTAL CURRENT EXPENDITURES 1,929,732 1,939,872 1,940,872 14) Allocation for Future Projects 250,000 250,000 250,000 15) Transfer From One Fund to Another 6010 TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 2,179,732 2,189,872 2,190,872 SOURCES AND ESTIMATES OF REVENUE 1) Projected January 1 Cash Balance 50,000.00 2) Less: Encumbrances Carried Forward from Previous Year 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 50,000.00 4) Property Tax Revenue 2,066,035.00 5) Estimated Property Tax Cap Credits (show as a negative) (33,881.00) 6) Auto Excise, CVET and FIT receipts 96,994.00 7) Other Revenue 34,465.00 TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, and 6) 2,179,732.00 2,189,872.00 2,190,872.00 This notice contains future allocations for the following projects: Project - Location 2017 2018 2019 Roof Replacement/Repair Plan - MCW and MCE 800,000 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 2016 2017 2018 Roof Replacement/Repair Plan - MCW and MCE 250,000 250,000 250,000 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. HCF-813 Oct. 12 hspaxlp
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