NOTICE TO TAXPAYERS OF WARSAW COMMUNITY PUBLIC LIBRARY Notice is hereby given to the taxpayers of Warsaw Community Public Library, Kosciusko County, that the library Board will meet at 310 E. Main St., Warsaw on Monday, April 13, 2009 at 4:00 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 161,516 117,248 127,554 (2) Site acquisition 0 0 0 (3) Site development 50,000 0 0 (4) Emergency Allocation 49,000 50,000 50,000 (5) Purchase, lease, repair and maintenance of equipment 11,500 12,000 12,500 (6) Purchase, lease, maintenance & repair of computer hardware and software 55,000 40,000 40,000 Subtotal Current Expenditures 326,961 219,248 230,054 (7) Allocation for future projects 0 0 0 TOTAL EXPENDITURES AND ALLOCATIONS 326,961 219,248 230,054 SOURCES AND ESTIMATES OF REVENUE: January 1, Cash balance 273,226 0 0 Less encumbered appropriations 155,215 0 0 Cash Balance Available For Current Plan 118,011 0 0 Property Tax Revenue 193,950 203,648 213,830 Auto excise, CVET and Financial Institutions tax receipts 15,000 15,600 16,224 Other (Interest) 0 0 0 Total Funds Available For Plan 326,961 219,248 230,054 The projected tax rate for the Library Capital Projects Fund Will Be 0.0133 0.0133 0.0133 Based upon an anticipated assessed valuation of 1,458,273,337 1,531,187,004 1,607,746,354 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 proposal. Anthony Etienne, President Mark Morrison, Vice-President John Yingling, Secretary Ruth Jones, Treasurer Sandra Carmichael, Asst.Secretary/Treasurer Joel Curry Paulette Sauders a1 [[In-content Ad]]
