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 October 11, 2011 at 6:15 pm will conduct a pub lic 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 wi thin 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 find ing concerning the objections filed and testimony presented. Following the aforementioned meeting, t he fiscal body will meet at the Winona Lake Town Hall on October 25, 2011 at 7:15 am to adopt the following budget. Net Assessed Valuation 148,141,922
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 | 1,271,610 | 790,000 | 470,395 | |
| Motor Vehicle Highway | 699,640 | 650,000 | 385,843 | |
| Local Road & Street | 110,000 | |||
| Park & Recreation | 36,500 | |||
| EDIT | 800,000 | |||
| Riverboat | 95,000 | |||
| Rainy Day Fund | 119,000 | |||
| TOTAL | 3,131,750 | 1,440,000 | 856,238 | |
| Local Law Enforcement | ||||
| Education | 2,500 | |||
| WL Redev. Dist Cap | 200,000 | 209,337 | 70,000 | |
| Cumulative Capital Dev | 130,000 | 191,587 | 49,387 | |
| TOTAL | 332,500 | 400,924 | 119,387 | |
The 2012 estimated maximum levy limitation for this unit is 910,478
The Property Tax Replacement Credit used to reduce the rate for this unit is_______
Taxpayers appearing at the hearing shall have an opportunity to be heard.