NOTICE TO TAXPAYERS OF BELL MEMORIAL PUBLIC LIBRARY Notice is hereby given to the taxpayers of Bell Memorial Public Library of Kosciusko County, that the Library Board will meet at 101 West Main Street, Mentone, Indiana, on March 30, 2009, at 6:30 pm for the purpose of considering a proposal to establish a Library Capital Projects Fund and a proposed plan under IC 36-12-12. The following is a general outline of the proposed plan. CURRENT EXPENDITURES: 2010 2011 2012 1. Planned construction, repair, replacement, or remodeling 3,000 3,000 3,000 2. Acquisition Site 0 0 0 3. Site development 1,000 1,000 1,000 4. Emergency Allocation 1,000 1,000 1,000 5. Purchase, lease, repair and maintenance of equipment 10,000 10,000 10,000 6. Purchase, lease, maintenance & repair of computer hardware & software 10,000 10,000 10,000 SUBTOTAL CURRENT EXPENDITURE 25,000 25,000 25,000 7. Allocation for future projects 8,343 5,667 5,667 TOTAL EXPENDITURES AND ALLOCATIONS 33,343 30,667 30,667 SOURCES AND ESTIMATES OF REVENUE January 1, Cash balance (for each year of plan) 15,389 11,081 11,081 Less encumbered appropriations 0 0 0 Cash balance available for current plan 15,389 11,081 11,081 Plus Property Tax Revenue 15,681 17,290 17,290 Auto Excise, CVET and Financial Institutions Tax Receipts 2,273 2,296 2,296 Other Revenue 0 0 0 TOTAL FUNDS AVAILABLE FOR PLAN 33,343 30,667 30,667 The estimated tax rate for the Library Capital Projects Fund 0.0133 0.0133 0.0133 The estimated tax rate is based upon an estimated assessed value of 117,700,000 130,000,000 130,000,000 Taxpayers are invited to attend the meeting for a more detailed explanation of the plan and to exercise their right to be heard on the proposed propsal. Board Members: Cal Jackson, President Roger Moriarity, Vice President Jill Gross, Treasurer Jack Fisher, Secretary Honey Kuhn, Board Member Dick Webb, Board Member Sandi Schaeffer, Board Member Date: March 1, 20009 m5 [[In-content Ad]]
