NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES
Notice is hereby given the taxpayers of Kosciusko County, Town of North Webster, that the Town Counc il of North Webster at North Webster Community Center on September 14, at 6:00 a.m. will conduct a pu blic hearing on the budget. Following this meeting, any ten or more taxpayers may object to a budget, tax rate, or tax levy by filing an objecting petition with the proper officers of the political subdivision wi thin seven days after the hearing. The objecting 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 find ing concerning the objections filed and testimony presented. Following the aforementioned meeting, t he fiscal body will meet at North Webster Town Hall on September 28 at 8:00 pm. to adopt the following budget. Net Assessed Valuation 56,462,667
Complete details of budget estimates by fund and/or department may be seen at the Clerk Treasurer’s
| Offices. | ||||
|---|---|---|---|---|
| BUDGET ESTIMATE | ||||
| MAXIMUM ESTIMATED | ||||
| BUDGET | FUNDS TO BE RAISED | EXCESSIVE LEVY | CURRENT TAX | |
| TOWNSHIP FUNDS | ESTIMATE | (Including Appeals & | APPEALS | LEVY |
| Levies Exempt From | (Included In | |||
| Max. Levy Limitations) | Column 3) | |||
| General | 695,000.00 | 286,986.00 | 272,174.00 | |
| Motor Vehicle | 130,000.00 | 50,419.00 | 55,210.00 | |
| Local Road/Street | 36,309.00 | |||
| Cum. Cap. Imp. | 23,000.00 | |||
| Cum. Cap. Dev. | 42,000.00 | 12,000.00 | 12,802.00 | |
| CEDIT | 200,000.00 | |||
| Con’t Education | 5,000.00 | |||
| Riverboat | 14,000.00 | |||
| Rainy Day | 95,000.00 | |||
| TOTAL | 1,241,809.00 | 349,405.00 | 340,186.00 | |
The 2011 estimated maximum levy limitation for this unit is $337,405 The Property Tax Replacement Credit used to reduce the rate for this unit is -0Taxpayers appearing at the hearing shall have an opportunity to be heard.