Continuously serving Kosciusko County since 1854
NOTICE OF ADOPTION
Notice is hereby given to taxpayers of Triton School Corporation that the proper officers of Triton School Corporation have established a Capital Projects Fund and adopted a plan under IC 20-46-6-5. Ten or more taxpayers in the school corporation who will be affected by the plan may file a petition with the County Auditor of Marshall County, not later than ten (10) days after the publication of this notice, setting forth their objections to the plan. Upon filing of the petition, the County Auditor shall immediately certify the same to the Department of Local Government Finance. The Department will then fix a date and conduct a public hearing on the plan before issuing its approval, disapproval, or modification thereof.
The following is a general outline of the adopted plan:
EXPENDITURES: Dept 2018 2019 2020
1) Land Acquisition and Development 4100
2) Professional Services 4300
3) Education Specifications Development 4400
4) Building Acquisition, Construction
and Improvement 4510,4520,4530 294,500 123,000 123,000
5) Rent of Buildings, Facilities and Equipment 4550
6) Purchase of Mobile or Fixed Equipment 4700 197,200 130,000 130,000
7) Emergency Allocation 4900 200,000 300,000 300,000
8) Utilities 2620 183,319 183,319 183,319
9) Maintenance of Equipment 2640 126,500 126,500 126,500
10) Sports Facility 4540 30,000 30,000 30,000
11) Property or Casualty insurance 2670 25,000 25,000 25,000
12) Other Operation and Maintenance of Plant 2680 -
13) Technology Instruction-Related Technology 2230 335,510 350,000 350,000
Admin Tech Services 2580
SUBTOTAL CURRENT EXPENDITURES 1,392,029 1,267,819 1,267,819
14) Allocation for Future Projects
15) Transfer From One Fund to Another 6010
TOTAL EXPENDITURES, ALLOCATIONS & TRANSFERS 1,392,029 1,267,819 1,267,819
SOURCES AND ESTIMATES OF REVENUE: 1) Projected January 1 Cash Balance 31,458
2) Less Encumbrances Carried Forward
From Previous Year
3) Estimated Cash Balance Available for Plan
(Line 1 minus Line 2) 31,458
4) Property tax revenue 1,338,077 1,213,619 1,213,619
5) Estimated Property Tax Cap Credits
(show as a negative) (31,706)
6) Auto excise, CVET and FIT receipts 54,200 54,200 54,200
7) Other revenue
TOTAL FUNDS AVAILABLE FOR PLAN
(Add lines 3,4,5, and 6) 1,392,029 1,267,819 1,267,819
This notice contains future allocations for the following projects: Project-Location 2018 2019 2020
Future Allocations as specified above will be subject to objections during the period stated in the Notice of Adoption *********************************************************************************************************************TO BE PUBLISHED IN YEARS AFTER THE FIRST YEAR This notice contains future allocations for the following projects, which have previously been subject to taxpayer objections. Project-Location 2018 2019 2020
Future Allocations as specified above are not subject to objections during the period stated in the Notice of Adoption because they have previously been advertised and subject to objection. *********************************************************************************************************************
9-20 hspaxlp
