-
NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES Notice is hereby given the taxpayers of Town of Winona Lake, Town of Winona Lake, Indiana that the Town Council of Winona Lake at Town Hall Building, on September 9, 2008 at 6:15 pm will conduct a public hearing 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 seven days after the hearing. The objecting petition must identify the provisions of the budget, tax rate, or tax levy that taxpayers object to. If a petition is filed, the political subdivision shall adopt with its budget a finding concerning the objections filed and testimony presented. Following the aforementioned meeting, the fiscal body will meet at the Winona Lake Town Hall on September 23, 2008 at 7:15 am to adopt the following budget. Net Assessed Valuation 146,800,00 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 TOWNSHIP FUNDS ESTIMATE (Including Appeals & APPEALS LEVY Levies Exempt From (Included In Max. Levy Limitations) Column 3) General 1,253,340 733,891 383,087 Motor Vehicle Highway 679,245 703,868 412,857 Local Road & Street 92,438 Park & Recreation 35,500 EDIT 280,000 Riverboat 100,000 Rainy Day Fund 200,000 TOTAL 2,640,523 1,437,759 795,944 Local Law Enforcement Educa 2,500 Cumulative Capital Dev 250,000 222,639 43,479 WL Redevel Dist Bond Fund 225,000 TOTAL 477,500 222,639 43,479 The 2009 estimated maximum levy limitation for this unit is 842,677 The Property Tax Replacement Credit used to reduce the rate for this unit is -0- Taxpayers appearing at the hearing shall have an opportunity to be heard. Pursuant to IC 6.1.1-17-13, after the tax levies have been determined, fixed by the appropriate governing body, and the tax rates published for the County Auditor, then ten or more taxpayers or one (1) taxpayer that owns property that represents at least ten percent (10%) of the taxable assessed valuation in the political subdivision may initiate an appeal from the county board of tax adjustment's action on a political subdivision's budget by filing a statement of their objections with the County Auditor. The statement must be filed no later than ten (10) days after the publication of the notice. The statement shall specifically identify the provision of the budget and tax levy to which the taxpayers object. The County Auditor shall forward the statement, with the budget, to the department of Local Government Finance. Retha S. Hicks, Clerk-Treasurer Date: August 21,2008 a26, s2
