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NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES Notice is hereby given to taxpayers of Lake Township, Kosciusko County, Indiana, that the proper officers of said township. at 10668 S. Bouse Dr., Silver Lake, IN on August 26, 2008 at 7:00 pm will conduct a public hearing on the year 2009 Budget. Following this meeting any ten or more taxpayers may object to a budget, tax rate, or tax levy by filing an objection petition with the proper officers of the political subdivision within seven days after the hearing. The objection petition must identify the provisions of the budget, tax rate, or tax levy that taxpayers object to. If a petition is filed, the political subdivision shall adopt with its budget a finding concerning the objections filed and testimony presented. Following the aforementioned hearing, the Council will meet at 10668 S. Bouse Dr., Silver Lake, IN 46982 on September 9, 2008 at 7:00 p.m. to adopt the following budget. Special assistance is available to handicapped persons who desire to attend by calling (260) 352-2638 Net Assessed Valuation Civil: 55,142,827 Fire: 39,080,604 BUDGET ESTIMATES AND TAX LEVIES MAXIMUM ESTIMATED BUDGET Funds To Be raised EXCESSIVE LEVY CURRENT TAX TOWNSHIP FUNDS ESTIMATE (Including Appeals) Appeals Included LEVY In Column 3 General 32,020 10,863 9,190 Township Assistance 5,000 4,025 2,500 Recreati0n 900 1,016 809 Fire 39,000 23,018 19,957 Cum Fire (Twp) 15,000 11,998 11,516 Rainy Day 1,481 TOTAL TOWNSHIP FUNDS 93,401 50,921 43,972 The estimated maximum levy limitations are: Civil 13,005 Fire 20,757 Township Assistance debt service rate is______. The property tax replacement credit for civil is ____. Taxpayers appearing at the hearing shall have an opportunity to be heard. Pursuant to IC 6.1.1-17-13, after the tax levies have been determined, fixed by the appropriate governing body, and the tax rates published for the County Auditor, then ten (10 or more taxpayers or one (1) taxpayer that owns property that represents at least ten percent (10%) of the taxable assessed valuation in the political subdivision may initiate an appeal from the county board of tax adjustment's action on a political subdivision's budget by filing a statement of their objections with the County Auditor. The statement must be filed no later than ten (10) days after the publication of the notice. The statement shall specifically identify the provision of the budget and tax levy to which the taxpayers object. The County Auditor shall forward the statement, with the budget, to the Department of Local Government Finance. Molly Bradford, Trustee Lake Township Date: August 6, 2008 a13,20
