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SILVER LAKE - BUDGET ESTIMATE

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NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES

Notice is hereby given the the Town of Silver Lake, Indiana, that te Town Council or Board of th Town of Silver Lake at 604 N. Jefferson St., Silver Lake, IN on October 4, 2010, at 7:00 pm will conduct a p ublic hear ing on the budget. Following this meeting, any ten or more taxpayers may object to a budget, tax rat e, or tax levy by filing an objecting petition with the proper officers of the political subdivision withi n seven days after the hearing. The objecting petition must identify the provisions of the budget, tax rate, or t ax levy that taxpayers object to. If a petition is filed, the political subdivision shall adopt with its budget a finding con cerning the objections filed and testimony presented. Following the aforementioned meeting, the fisc al body will meet at 604 North Jefferson Street on October 18, 2010 at 7:00 p.m. to adopt the followin g budget.

Net Assessed Value 15,658,439 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 339,343 262,944 139,997
MVH 154,400 58,657 104,354
Local Road & Street 14,000
Police Donation 1,100
Law Enforce Cont Ed 2,600
CCI 12,000
CCD 11,000 2,297 2,557
CEDIT 82,500
Park 2,000
Rainy Day 35,000
TOTAL 653,943 323,898 246,908

The 2011 estimated maximum levy limitation for this unit is 243,947 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.

Angela Glass, Clerk-Treasurer Date: August 5, 2010 a20, 27