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 28, 2010 at 7:15 am will conduct a p ublic 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 12, 2010 at 6:15 pm to adopt the following budget. Net Assessed Valuation 141,898,197
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 | 1,315,138 | 791,978 | 473,352 | |
| Motor Vehicle Highway | 680,213 | 654,990 | 385,906 | |
| Local Road & Street | 110,000 | |||
| Park & Recreation | 36,500 | |||
| EDIT | 500,000 | |||
| Riverboat | 85,000 | |||
| Rainy Day Fund | 200,000 | |||
| TOTAL | 2,926,851 | 1,446,968 | 859,258 | |
| Local Law Enforcement | ||||
| Education | 2,500 | |||
WL Redevel Dist Bond Fund 300,000 209,337 Cumulative Capital Dev 250,000 191,587 49,837 TOTAL 552,500 400,924 49,837
The 2011 estimated maximum levy limitation for this unit is 883,959
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.
Retha S. Hicks, Clerk-Treasurer Date:August 26, 2010 a30,s14