Continuously serving Kosciusko County since 1854
NOTICE OF ADOPTION
NOTICE TO TAXPAYERS OF WARSAW COMMUNITY PUBLIC LIBRARY, KOSCIUSKO
Notice is hereby given to the taxpayers of Warsaw Community Public Library of Kosciusko County, Indiana, that the governing body has established a Capital Projects Fund and adopted a plan under IC 36
| 12-12. The following is a general outline of the plan: | |||
|---|---|---|---|
| CURRENT EXPENDITURES: | 2010 | 2011 | 2012 |
| (1) Planned construction, repair, replacement, | |||
| or remodeling | 161,461 | 117,248 | 127,554 |
| (2) Site acquisition | 0 | 0 | 0 |
| (3) Site development | 50,000 | 0 | 0 |
| (4) Emergency Allocation | 49,000 | 50,000 | 50,000 |
| (5) Purchase, lease, repair and maintenance | |||
| of equipment | 11,500 | 12,000 | 12,500 |
| (6) Purchase, lease, repair, and maintenance | |||
| of computer hardware and software | 55,000 | 40,000 | 40,000 |
| Subtotal Current Expenditures | 326,961 | 219,248 | 230,054 |
| (7) Allocation for future projects | 0 | 0 | 0 |
| TOTAL EXPENDITURES AND ALLOCATIONS | 326,961 | 219,248 | 230,054 |
| SOURCES AND ESTIMATES OF REVENUE: | |||
| January 1, Cash Balance (for each year of the plan) | 273,226 | ||
| Less encumbered appropriations | 155,215 | ||
| Cash Balance Available For Current Plan | 118,011 | ||
| Property Tax Revenue | 193,950 | 203,648 | 213,830 |
| Auto excise, CVET and Financial Institutions tax receipts | 15,000 | 15,600 | 16,224 |
| Other (Interest) | 0 | 0 | 0 |
| Total Funds Available For Plan | 326,961 | 219,248 | 230,054 |
| The projected tax rate for the Library Capital | |||
|---|---|---|---|
| Projects Fund | 0.0133 | 0.0133 | 0.0133 |
| The projected tax rate is based uon an | |||
| estimated assessed value of | 1,458,273,337 | 1,531,187,004 | 1,607,746,354 |
Ten or more taxpayers in the Library District who will be affected by the plan may file a petition w ith the Kosciusko County Auditor not later than 10 days after the publication of this notice, setting forth their objections to the plan. Upon filing the petition, the County Auditor shall immediately certify the s ame to the Department of Local Government Finance, which Department will fix a date and conduct a public hearin g on the plan before issuing its approval or disapproval thereof. Dated this 20th day of July, 2009 DEPARTMENT OF LOCAL GOVERNMENT FINANCE Daniel M. Jones, Assistant Director Budget Division a19
