NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES
Notice is hereby given to taxpayers of Warsaw, City, of Warsaw, Indiana. That the Common Council of City of Warsaw at Council Chamber City Hall on September 20, 2010 at 7:00 pm will conduct a public hearin g 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 within se ven 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 Council Chamber City Hall on October 18 at 7:00 pm to adopt the following budget: Net assessed valuation 784,904,440 Fire Territory Net Assessed Valuation 1,047,692,000
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 | |
| FUND NAME | ESTIMATE | (Including Appeals & | APPEALS | LEVY |
| Levies Exempt From | (Included In | |||
| Max. Levy Limitations) | Column 3) | |||
| Park Operational Non Revert | 14,081 | |||
| Park Capital Outlay Non-Rev | 20,000 | |||
| Motor Vehicle Highway Fund | 424,486 | |||
| Cemetery Fund | 565,944 | 430,323 | 388,092 | |
| Park Fund | 1,813,408 | 1,704,947 | 1,629,113 | |
| Cemetery Perm & Perpetual C | 85,000 | |||
| Aviation Depreciation | 175,000 | |||
| Aviation Fund | 730,920 | 35,000 | 34,885 | |
| Cumulative Capital Imp | 42,000 | |||
| Local Road, Street Fund | 120,000 | |||
| General Bond Fund | 258,725 | 278,288 | 243,320 | |
| Fire Pension Fund | 293,181 | 50,000 | 49,711 | |
| Police Pension Fund | 374,040 | 60,000 | 59,304 | |
| Redevelopment District Gen | 56,381 | 62,250 | 63,664 | |
| Law Continuing Education | 34,000 | |||
| Cumulative Capital Dev Fund | 780,00 | 545,879 | 436,058 | |
| Redevelopment Allocation | 1,505,000 | |||
| Redev Northern Tif Allocation | 1,632,420 | |||
| Rainy Day Fund | 16,000 | |||
| Riverboat Fund | 66,659 | |||
Economic Dev Income Tax (ED 800,000 General Fund 9,245,388 5,997,225 4,316,974 Fire Territory Operating 4,164,406 4,311,913 3,080,215 Fire Territory Equipment 569,756 674,927 436,102 TOTAL 23,786,795 14,150,752 10,737,438
The 2011 estimated maximum levy limitation for this unit is 9,200,000 Fire Territory Maximum Levy Limitation 4,200,000 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.
Lynne Christiansen, Clerk-Treasurer Date: August 18,2010 s2,4,9