Continuously serving Kosciusko County since 1854
NOTICE OF ADOPTION
NOTICE TO TAXPAYERS OF MILFORD PUBLIC LIBRARY, KOSCIUSKO COUNTY
Notice is hereby given to the taxpayers of the Milford Public Library, of Kosciusko County, India na, that the governing body has established a Capital Projects Fund and adopted a plan under IC 36-12-12. The fol low
| ing is a general outline of the plan: | |||
|---|---|---|---|
| CURRENT EXPENDITURE | 2010 | 2011 | 2012 |
| (1) Planned construction, repair, replacement, or remodeling | 0 | 0 | 0 |
| (2) Site acquisition | 0 | 0 | 0 |
|---|---|---|---|
| (3) Site development | 0 | 0 | 0 |
| (4) Emergency allocation | 3,000 | 3,000 | 3,000 |
| (5) Purchase, lease, repair, and maint. of equipment | 10,000 | 10,000 | 10,000 |
| (6) Purchase, lease, maintenance & repair of computer | |||
| hardware & software | 17,000 | 17,000 | 17,000 |
| SUBTOTAL CURRENT EXPENDITURES | 30,000 | 30,000 | 30,000 |
| (7) Allocation for future projects | 87,439 | 58,039 | 28,539 |
| TOTAL EXPENDITURES AND ALLOCATIONS | 117,439 | 88,039 | 58,539 |
| SOURCES AND ESTIMATES OF REVENUE: | |||
| January 1, Cash balance (for each year of the plan) | 116,839 | 87,439 | 58,039 |
| Less encumbered apropriations | 0 | 0 | 0 |
| Cash balance available for current plan | 116,839 | 87,439 | 58,039 |
| Property tax revenue | 0 | 0 | 0 |
| Auto excise, CVET and Financial Institutions tax receipts | 0 | 0 | 0 |
| Other (Interest) | 600 | 600 | 500 |
| TOTAL FUNDS AVAILABLE FOR PLAN | 117,439 | 88,039 | 58,539 |
| The projected tax rate for the Library Capital Projects Fund 0.0000 | 0.0000 | 0.0000 | |
|---|---|---|---|
| The projected tax rate is based upon an | |||
| estimated assessed value of | 246,9122,726 | 246,912,726 | 246,912,726 |
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 objec tions to the plan. Upon filing the petition, the County Auditor shall immediately certify the same t o the Department of Local Government Finance, which Department will fix a date and conduct a public hearin g on the plan before issuing its approval or disapproval thereof.
Dated this 4th day of August, 2009 DEPARTMENT OF LOCAL GOVERNMENT FINANCE Daniel M. Jones, Assistant Director Budget Division a26
