Continuously serving Kosciusko County since 1854
NORTH WEBSTER – North Webster Town Council held its budget public hearing Thursday, Oct. 22 at the town hall annex.
The estimated civil maximum levy is $606,322. The property tax cap credit estimate is $23,260.
The casino/riverboat fund is $15,000. The rainy day fund is $70,000. The general fund is $1,196,959.
The local road and street fund is $46,309. The motor vehicle highway fund is $280,800. The continuing education fund is $7,000. The cumulative capital improvement fund (cigarette tax) is $6,000.
The cumulative capital development fund is $20,000. The economic development income tax credit is $385,000.
Therefore, the 2027 budget is $2,027,068.
The 2026 budget was $2,026,893.
The maximum estimated funds to be raised (including appeals and levies exempt from maximum levy limitations) is $488,357 in the general fund, and $117,965 in the motor vehicle highway fund for a total of $606,322.
The current tax levy is $460,635 in the general fund and $111,288 in the motor vehicle highway fund for a total of $571,923.
The levy percentage difference is 6.02% in the general fund and 6% in the motor vehicle highway fund.
The notice to taxpayers is available online at budgetnotices.in.gov or by calling 888-739-9826.
The budget will be adopted at 5:30 p.m. Nov. 2 at the Town Hall annex.
