Continuously serving Kosciusko County since 1854
NOTICE TO TAXPAYERS OF BELL MEMORIAL PUBLIC LIBRARY
Notice is hereby given to the taxpayers of Bell Memorial Public Library, Kosciusko County, Indiana, that the following body has established a Capital Projects Fund and adopted a plan under IC 36-12-12. The fol
| lowing is a general outline of the plan: | |||
|---|---|---|---|
| CURRENT EXPENDITURES: | 2010 | 2011 | 2012 |
| 1. Planned construction, repair, replacement, or remodeling | 3,000 | 3,000 | 3,000 |
| 2. Site acquisition | 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 | 8,343 | 5,667 |
| Less encumbered appropriations | 0 | 0 | 0 |
| Cash balance available for current plan | 15,389 | 11,081 | 11,081 |
| 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 | ||
Ten or more taxpayers in the Library District who will be affected by the plan may file a petition w ith the Kosciusko County AUditor, not later than 10 days after the publication of this notice, setting forth their objections of the plan. Upon filing the petition, the County Auditor shall immediately certify the s ame to the Department of Local Government Finance, which Department will fix a date and conduct a public hearin g plan before issuing its approval or disapproval thereof. DEPARTMENT OF LOCAL GOVERNMENT FINANCE
Daniel M. Jones, Assistant Director
Budget Division Dated this 14th day of July, 2009 j22
