Complete details of the Capital Projects Fund plan may be seen by visiting the office of this unit of government at the following address: 710 N. SR 5, Larwill, IN 46764.
Notice is hereby given to taxpayers of Whitko Community School Corporation that the proper officers of Whitko Community School Corporation will conduct a public hearing on the year 2018 proposed Capital Projects Fund Plan pursuant to IC 20-46-6-11. Following the public hearing, the proper officers of Whitko Community School Corporation may adopt the proposed plan as presented or with revisions.
Public Hearing Date: September 18, 2017
Public Hearing Time: 6:30:00 PM
Public Hearing Place: 710 N. SR 5
Taxpayers are invited to attend the meeting for a detailed explanation of the plan and to exercise their rights to be heard on the proposed plan. If the proposed plan is adopted by resolution, such plan will be submitted to the Department of Local Government Finance for approval.
EXPENDITURES: 2018 2019 2020
1) Land Acquisition and Development 4100
2) Professional Services 4300 35,000 35,000 35,000
3) Education Specifications Development 4400
4) Building Acquisition, Construction
and Improvements 4510,4520,4530 1,020,000 1,030,000 1,040,000
5) Rent of Buildings, Facilities and Equipment 4550
6) Purchase of Mobile or Fixed Equipment 4700 450,500 454,000 448,000
5) Estimated Property Tax Cap Credits (show as a negative) (113,907) (113,907) (113,907)
6) Auto excise, CVET and FIT receipts 132,000 132,000 132,000
7) Other revenue
TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3,4,5, and 6) 2,960,291 2,878,351 2,837,351
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 at a later date.
********************************************************************************************************************* 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 to be published at a later date.
Complete details of the Bus Replacement Fund plan may be seen by visiting the office of this unit of government at the following address: 710 N. SR 5, Larwill, IN 46764
Notice is hereby given to taxpayers of Whitko Community School Corporation that the proper officers of Whitko Community School Corporation will conduct a public hearing on the year 2018 proposed Bus Replacement Fund Plan pursuant to IC 20-46-5. Following the public hearing, the proper officers of Whitko Community School Corporation may adopt the proposed plan as presented or with revisions.
Public Hearing Date: September 18, 2017
Public Hearing Time: 6:30 pm
Public Hearing Place: 710 N. SR 5
Taxpayers are invited to attend the meeting for a detailed explanation of the plan and to exercise their rights to be heard on the proposed plan. If the proposed plan is adopted by resolution, such plan will be submitted to the Department of Local Government Finance for approval.
The following is a general outline of the proposed plan:
No. Of Buses To Be Total Estimated
Year No. Of Buses Owned Replaced Replacement Cost Total Contract Costs
2018 36 3 335000
2019 36 2 215000
2020 36 3 285000
2021 36 3 255000
2022 36 3 260000
2023 36 2 185000
2024 36 3 285000
2025 36 3 290000
2026 36 3 285000
2027 36 3 285000
2028 36 4 350000
2029 36 4 350000
SOURCES AND ESTIMATES OF REVENUE 2018
1) Projected January 1 Cash Balance 43810
2) Less: Encumbrances Carried Forward from Previous Year
3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 43810
4) Property Tax Revenue 323947
5) Estimated Property Tax Cap Credits (show as a negative) -20,257
6) Auto Excise, CVET and FIT receipts 22500
7) Other Revenue
TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 370000
