Eagle with Stars and Stripes
Continuously serving Kosciusko County since 1854

SILVER LAKE - BUDGET ESTIMATES

Posted

NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES

Notice is hereby given the taxpayers of Kosciusko County, Town of Silver Lake, Indiana that the Town Council of Silver Lake at 604 North Jefferson Street on September 8, 2009, at 7:00 pm will conduct a public 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 bud get a finding concerning the objections filed and testimony presented. Following the aforementioned meeting, the f iscal body will meet at 604 North Jefferson Street on October 13, 2009 at 7:00 p.m. to adopt the followin g budget.

Net Assessed Value 15,035,344 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 477,954 308,333 788,542
MVH 221,400 168,142 58,339
Local Road & Street 15,700
CCD 17,000 16,991 22,646
CCI 15,000
CEDIT 85,000
Park 1,500
Law Enforce. Cont. Ed 2,800
Police Donation 1,100
Rainy Day 10,000
TOTAL 847,454 493,486 865,527

The 2010 estimated maximum levy limitation for this unit is 238,031.00 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. Pursuant to IC 6.1.1-17-13 ,

after the tax levies have been determined, fixed by the appropriate governing body, and the tax rate s published for the County Auditor, then ten 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 subdivisio n may ini tiate an appeal from the county board of tax adjustment’s action on a political subdivision’s budget by fil ing a statement of their objections with the County Auditor. The statement must be filed no later th an ten

(10) days after the publication of the notice. The statement shall specifically identify the provisi on of the budget and tax levy to which the taxpayers object. The County Auditor shall forward the statement, w ith the budget, to the department of Local Government Finance.

Angela Glass, Clerk-Treasurer Date: August 1, 2005, rev. a28, s4