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Notice to Taxpayers - Westview

NOTICE TO TAXPAYERS

Complete details of the Capital Projects Fund plan may be seen by visiting the office of this unit of government at the following address: Westview School Corporation 1545 S 600 W Topeka, IN 46571.

Notice is hereby given to the taxpayers of Westview School Corporation that the proper officers of Westview School Corporation will conduct a public hearing on the year 2015 proposed Capital Projects Fund Plan pursuant to IC 20-46-6-11. Following the public hearing, the proper officers of Westview School Corporation may adopt the proposed plan as presented or with revisions.

Public Hearing Date: September 11, 2014

Public Hearing Time: 7:00 PM

Public Hearing Place: Central Office Board Room located at 1545 S 600 W Topeka, IN 46571

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:

EXPENDITURES:                                                                         Dept.                    2015                       2016                                                                                                                 2017

 1) Land Acquisition and Development                                      4100                   65,000                138,800        183,350  

 2) Professional Services                                                           4300                   28,000                   90,000         110,000

 3) Education Specifications Development                                4400                            -                            -                     -  

4) Building Acquisition, Construction, and

    Improvement                                                               4510, 4520, 4530 1,967,000              1,828,850      1,891,000

5) Rental of Buildings, Facilities and Equipment                       4550                 287,562                 272,500         278,500

 6) Purchase of Mobile or Fixed Equipment                               4700                 403,500              1,088,281      1,234,235

 7) Emergency Allocation                                                          4900                   60,000                 120,000         130,000

 8) Utilities (Maintenance of Buildings)                                       2620                400,000                 584,000         642,000

 9) Maintenance of Equipment                                                  2640                 580,500                 431,250         434,325

10) Sports Facility                                                                      4540                  50,000                 120,000         125,000  

11) Property or Casualty Insurance                                           2670                   58,438                   67,000          69,000  

12) Other Operation and Maintenance of Plant                          2680                   50,000                 134,385         141,104

13) Technology

        Instruction-Related Technology                                         2230                                                                                 

        Admin Tech Services                                                         2580             ___50,000             __268,275     __281,689

SUBTOTAL CURRENT EXPENDITURES                                                                4,000,000              5,143,341      5,520,203

14) Allocation for Future Projects                                                                      526,436                 200,000                         

15) Transfer From One Fund to Another                                    6010            _________            _________    _________

TOTAL EXPENDITURES, ALLOC, & TRANSFERS                                                   4,526,436              5,343,341      5,520,203

SOURCES AND ESTIMATES OF REVENUE                                                                                                                             

1) Projected January 1 Cash Balance                                                                  900,000                 500,000         500,000  

2) Less: Encumbrances Carried Forward From Previous Year                                                    ___900,000   ___400,000                                                                        _________  

3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2)                               -                 100,000        500,000  

4) Property Tax Revenue                                                                                 4,394,853              5,133,341      4,910,203

5) Auto Excise, CVET and FIT receipts                                                                            

6) Other Revenue                                                                                       ___131,583           ___110,000   ___110,000    

TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5, and 6)                         4,526,436              5,343,341      5,520,203

This notice contains future allocations for the following projects:                  

            Project – Location                                   2015            2016                  2017

Shipshewana Elementary School                   200,000                -              

Topeka Elementary School                            200,000     200,000

Westview Elementary School                        126,436                -              

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.                              

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TO BE PUBLISHED IN YEARS AFTER THE FIRST YEAR                         

This notice contains future allocations for the following projects, which have previously been subject to the taxpayer objections.

            Project – Location                                   2015            2016                  2017

Westview Jr Sr High School                           900,000                                

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.           

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