Continuously serving Kosciusko County since 1854
NOTICE OF ADOPTION
Notice is hereby given to taxpayers of Wawasee Community School Corporation that the proper officers of Wawasee Community 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 Kosciusko 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 30,000 30,000 30,000
2) Professional Services 4300 100,000 100,000 100,000
3) Education Specifications Development 4400 15,000 15,000 15,000
4) Building Acquisition, Construction
and Improvement 4510, 4520, 4530 2,273,500 2,273,500 2,273,500
5) Rental of Buildings, Facilities and Equipment 4550 279,500 278,000 278,000
6) Purchase of Mobile or Fixed Equipment 4700 629,550 630,550 630,550
7) Emergency Allocation 4900 4,000,000 2,000,000 2,000,000
8) Utilities 2620 700,000 700,000 700,000
9) Maintenance of Equipment 2640 224,100 215,600 215,600
10) Sports Facility 4540
11) Property or Casualty Insurance 2670 700,000 700,000 700,000
12) Other Operation and Maintenance of Plant 2680
13) Technology
Instruction-Related Technology
Admin Tech Services 2580 600,000 600,000 600,000
SUBTOTAL CURRENT EXPENDITURES 9,551,650 7,542,631 7,542,650
14) Allocation for Future Projects
15) Transfer From One Fund to Another 6010 11,981 11,981 11,981
TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 9,563,631 7,554,631 7,554,631
SOURCES AND ESTIMATES OF REVENUE
1) Projected January 1 Cash Balance 200,000 200,000 200,000
2) Less: Encumbrances Carried Forward from Previous Year
3) Estimated Cash Balance Available for Plan
(Line 1 minus Line 2) 200,000 200,000 200,000
4) Property Tax Revenue 9,181,650 7,192,650 7,192,650
5) Estimated Property Tax Cap Credits (show as a negative) (11,981) (11,981) (11,981)
6) Auto Excise, CVET and FIT receipts 170,000 150,000 150,000
7) Other Revenue
TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3,4, 5 and 6) 9,539,669 7,530,669 7,530,669
This notice contains future allocations for the following projects: Project- Location
Project - Location 2018 2019 2020
Future allocations as specified above are subject to objections during the period stated in this Notice of Adoption.
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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 this Notice of Adoption because they have previously been advertised and subject to objection.
9-20 hspaxlp
