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Winona Lake Budget

Posted

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

Retha S. Hicks, Clerk-Treasurer Date: August 31, 2011 s2,9

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.