WAWASEE CPF AND BUS REPLACEMENT NOTIC

August 4, 2017 at 2:09 p.m.

By -

NOTICE TO TAXPAYERS                

    Complete details  of the Capital Projects Fund plan may be seen by visiting the office of this unit of government at the following address: Wawasee Community School Corporation, #1 Warrior Path, Building 2, Syracuse, IN 46567.

    Notice is hereby given to taxpayers  of Wawasee Community School Corporation that the proper officers  of Wawasee Community School Corporation will conduct  a public  hearing on the year 2018 proposed Capital Projects Fund Plan pursuant  to IC 20-46-6-11. Following the public hearing, the proper  officers  of Wawasee Community School Corporation may adopt  the proposed plan as presented or with revisions.

    Public Hearing Date: August  22, 2017

    Public Hearing Time: 5:30 p.m.

Public Hearing Place: Wawasee High School,Warrior Room, #1 Warrior Path,Building 1, Syracuse, IN 46567

    Taxpayers are invited to attend the meeting for a detailed explanation of the plan and to exercise their  rights  to be heard on the proposed plan. If the proposed plan is adopted by resolution,such plan will be submitted to the Department of Local Government Finance for approval.  

The following is a general outline of the proposed plan:

EXPENDITURES     Dept.    2018    2019    2020

1) Land Acquisition and Development    4100    30,000    30,000    30,000

2)    Professional Services    4300    100,000    100,000    100,000

3)    Education Specifications Development    4400    15,000    15,000    15,000

4)    Building Acquisition, Construction and Imp    4510, 4520, 4530    2,273,500    2,273,500    2,273,500

5)    Rental of Buildings, Facilities and Equipment    4550    279,500    278,000    278,000

6)    Purchase of Mobile or Fixed Equipment    4700    629,550    630,550    630,550

7)    Emergency Allocation    4900    4,000,000    2,000,000    2,000,000

8)    Utilities (Maintenance of Buildings)    2620    700,000    700,000    700,000

9)    Maintenance of Equipment    2640    224,100    215,600    215,600

10)  Sports Facility    4540

11)  Property or Casualty Insurance    2670    700,000    700,000    700,000

12)  Other Operation and Maintenance of Plant    2680

13)  Technology

    Instruction-Related Technology    2230

    Admin Tech Services    2580    600,000    600,000    600,000

SUBTOTAL CURRENT EXPENDITURES        9,551,650    7,542,650    7,542,650

14)  Allocation for Future Projects

15)  Transfer From One Fund to Another    6010    11,981     11,981     11,981

TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS        9,563,631     7,554,631     7,554,631

SOURCES  AND ESTIMATES OF REVENUE

1) Projected January 1 Cash Balance        200,000     200,000     200,000

2) Less: Encumbrances Carried Forward from Previous Year    

3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2)     200,000     200,000     200,000

4) Property Tax Revenue        9,181,650     7,192,650     7,192,650

5) Estimated Property Tax Cap Credits (show as a negative)     (11,981)     (11,981)     (11,981)    

6) Auto Excise, CVET and FIT receipts        170,000    150,000    150,000

7) Other Revenue

TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6)    9,539,669     7,530,669     7,530,669

    This notice contains future allocations for the following projects:

Project - Location        2018    2019    2020

    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        2018    2019    2020

    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.

NOTICE TO TAXPAYERS    

    Complete details of the Bus Replacement Fund plan may be seen by visiting the office of this unit of government at the following address: Wawasee Community School Corporation, #1 Warrior Path, Building 2, Syracuse, IN 46567.

    Notice is hereby given to taxpayers of Wawasee Community School Corporation that the proper officers of Wawasee Community  School Corporation will conduct a public hearing on the year 2018 proposed Bus Replacement Fund Plan pursuant to IC 20-46-5. Following the public hearing, the proper officers of Wawasee Community School Corporation may adopt the proposed plan as presented or with revisions.

    Public Hearing:  August 22, 2017

    Public Hearing Time:  5:30 p.m.

    Public Hearing Place: Wawasee High School, Warrior Room, #1 Warrior Path, Building 1, Syracuse, IN 46567

    Taxpayers are invited to attend the meeting for a detailed explanation of the plan and to exercise their rights to be heard on the proposed plan. If the proposed plan is adopted by resolution, such plan will be submitted to the Department of Local Government Finance for approval.

    The following is a general outline  of the proposed plan:

            No. Of Buses To Be    Total Estimated

Year    No. of Buses Owned    Replaced    Replacement Cost    Total Contract Costs

2018    63    5    559,900

2019    63    5    651,000

2020    63    5    674,500

2021    63    5    655,000

2022    63    5    668,500

2023    63    5    579,600

2024    63    5    730,200

2025    63    5    744,876

2026    63    5    723,500

2027    63    5    617,900

2028    63    5    785,230

2029    63    5    798,325

****************************************************************************************************

SOURCES AND ESTIMATES OF REVENUE            2018

1) Projected January 1 Cash Balance            50,000

2) Less: Encumbrances Carried Forward from Previous Year        45,000

3) Estimated Cash Balance Available for Plan {Line 1 minus line 2)        5,000

4) Property Tax Revenue                2,451,863

5)    Estimated Property Tax Cap Credits (show as a negative)        (1,829)

6) Auto Excise, CVET and FIT receipts            10,000

7) Other Revenue

TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3,4, sand 6)        2,465,034

8-9 hspaxlp

NOTICE TO TAXPAYERS                

    Complete details  of the Capital Projects Fund plan may be seen by visiting the office of this unit of government at the following address: Wawasee Community School Corporation, #1 Warrior Path, Building 2, Syracuse, IN 46567.

    Notice is hereby given to taxpayers  of Wawasee Community School Corporation that the proper officers  of Wawasee Community School Corporation will conduct  a public  hearing on the year 2018 proposed Capital Projects Fund Plan pursuant  to IC 20-46-6-11. Following the public hearing, the proper  officers  of Wawasee Community School Corporation may adopt  the proposed plan as presented or with revisions.

    Public Hearing Date: August  22, 2017

    Public Hearing Time: 5:30 p.m.

Public Hearing Place: Wawasee High School,Warrior Room, #1 Warrior Path,Building 1, Syracuse, IN 46567

    Taxpayers are invited to attend the meeting for a detailed explanation of the plan and to exercise their  rights  to be heard on the proposed plan. If the proposed plan is adopted by resolution,such plan will be submitted to the Department of Local Government Finance for approval.  

The following is a general outline of the proposed plan:

EXPENDITURES     Dept.    2018    2019    2020

1) Land Acquisition and Development    4100    30,000    30,000    30,000

2)    Professional Services    4300    100,000    100,000    100,000

3)    Education Specifications Development    4400    15,000    15,000    15,000

4)    Building Acquisition, Construction and Imp    4510, 4520, 4530    2,273,500    2,273,500    2,273,500

5)    Rental of Buildings, Facilities and Equipment    4550    279,500    278,000    278,000

6)    Purchase of Mobile or Fixed Equipment    4700    629,550    630,550    630,550

7)    Emergency Allocation    4900    4,000,000    2,000,000    2,000,000

8)    Utilities (Maintenance of Buildings)    2620    700,000    700,000    700,000

9)    Maintenance of Equipment    2640    224,100    215,600    215,600

10)  Sports Facility    4540

11)  Property or Casualty Insurance    2670    700,000    700,000    700,000

12)  Other Operation and Maintenance of Plant    2680

13)  Technology

    Instruction-Related Technology    2230

    Admin Tech Services    2580    600,000    600,000    600,000

SUBTOTAL CURRENT EXPENDITURES        9,551,650    7,542,650    7,542,650

14)  Allocation for Future Projects

15)  Transfer From One Fund to Another    6010    11,981     11,981     11,981

TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS        9,563,631     7,554,631     7,554,631

SOURCES  AND ESTIMATES OF REVENUE

1) Projected January 1 Cash Balance        200,000     200,000     200,000

2) Less: Encumbrances Carried Forward from Previous Year    

3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2)     200,000     200,000     200,000

4) Property Tax Revenue        9,181,650     7,192,650     7,192,650

5) Estimated Property Tax Cap Credits (show as a negative)     (11,981)     (11,981)     (11,981)    

6) Auto Excise, CVET and FIT receipts        170,000    150,000    150,000

7) Other Revenue

TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6)    9,539,669     7,530,669     7,530,669

    This notice contains future allocations for the following projects:

Project - Location        2018    2019    2020

    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        2018    2019    2020

    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.

NOTICE TO TAXPAYERS    

    Complete details of the Bus Replacement Fund plan may be seen by visiting the office of this unit of government at the following address: Wawasee Community School Corporation, #1 Warrior Path, Building 2, Syracuse, IN 46567.

    Notice is hereby given to taxpayers of Wawasee Community School Corporation that the proper officers of Wawasee Community  School Corporation will conduct a public hearing on the year 2018 proposed Bus Replacement Fund Plan pursuant to IC 20-46-5. Following the public hearing, the proper officers of Wawasee Community School Corporation may adopt the proposed plan as presented or with revisions.

    Public Hearing:  August 22, 2017

    Public Hearing Time:  5:30 p.m.

    Public Hearing Place: Wawasee High School, Warrior Room, #1 Warrior Path, Building 1, Syracuse, IN 46567

    Taxpayers are invited to attend the meeting for a detailed explanation of the plan and to exercise their rights to be heard on the proposed plan. If the proposed plan is adopted by resolution, such plan will be submitted to the Department of Local Government Finance for approval.

    The following is a general outline  of the proposed plan:

            No. Of Buses To Be    Total Estimated

Year    No. of Buses Owned    Replaced    Replacement Cost    Total Contract Costs

2018    63    5    559,900

2019    63    5    651,000

2020    63    5    674,500

2021    63    5    655,000

2022    63    5    668,500

2023    63    5    579,600

2024    63    5    730,200

2025    63    5    744,876

2026    63    5    723,500

2027    63    5    617,900

2028    63    5    785,230

2029    63    5    798,325

****************************************************************************************************

SOURCES AND ESTIMATES OF REVENUE            2018

1) Projected January 1 Cash Balance            50,000

2) Less: Encumbrances Carried Forward from Previous Year        45,000

3) Estimated Cash Balance Available for Plan {Line 1 minus line 2)        5,000

4) Property Tax Revenue                2,451,863

5)    Estimated Property Tax Cap Credits (show as a negative)        (1,829)

6) Auto Excise, CVET and FIT receipts            10,000

7) Other Revenue

TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3,4, sand 6)        2,465,034

8-9 hspaxlp

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