West Central Notice of Adoption

NOTICE OF ADOPTION

Notice is hereby given to taxpayers of West Central School Corporation that the proper officers of West Central School Corporation have established a Capital Projects Fund and adopted a plan under I.C.20-46-6-5. 

Ten or more taxpayers in the school corporation who will be affected by the plan may file a petition with the County Auditor of Pulaski/Jasper County, not later than ten (10) days after the publication of this notice, setting forth their objections to the plan. Upon filing of the petition, the County Auditor shall immediately certify the same to the Department of Local Government Finance. The Department will then fix a date and conduct a public hearing on the plan before issuing its approval, disapproval, or modification thereof.

The following is a general outline of the adopted plan:

EXPENDITURES: Dept. 2017 2018 2019

  1) Land Acquisition and Development 4100

  2) Professional Services 4300 10,000 10,000 10,000

  3) Education Specifications Development 4400

  4) Building Acquisition, Construction and Improvement 4510, 4520, 4530 337,000 353,500 460,000

  5) Rental of Buildings, Facilities and Equipment 4550

  6) Purchase of Mobile or Fixed Equipment 4700 97,000 197,000 102,000

  7) Emergency Allocation 4900 100,000 100,000 100,000

  8) Utilities 2620 203,000 203,000 203,000

  9) Maintenance of Equipment 2640 120,000 120,000 120,000

10) Sports Facility 4540 5,000 10,000 10,000

11) Property or Casualty Insurance 2670 467 467 467

12) Other Operation and Maintenance of Plant 2680

13) Technology

        Instruction-Related Technology 2230 79,000 81,000 83,000

        Admin Tech Services 2580 103,000 106,000 108,000

SUBTOTAL CURRENT EXPENDITURES 1,054,467 1,180,967 1,196,467

14) Allocation for Future Projects

15) Transfer From One Fund to Another 6010

TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 1,054,467 1,180,967 1,196,467

SOURCES AND ESTIMATES OF REVENUE

  1) Projected January 1 Cash Balance 100,000 100,000 100,000

  2) Less: Encumbrances Carried Forward from Previous Year 75,000 50,000 50,000

  3) Estimated Cash Balance Available for Plan (Line 1 minus line 2) 25,000 50,000 50,000

  4) Property Tax Revenue 1,000,000 1,200,967 1,021,467

  5) Estimated Property Tax Cap Credits (show as a negative) (35) (35) (35)

  6) Auto Excise, CVET and FIT receipts 37,500 35,000 35,000

  7) Other Revenue 400 400 400

TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 1,062,865 1,286,332 1,106,832

This notice contains future allocations for the following projects:

Project-Location 2017 2018 2019

Middle School Roof 300,500

Future Allocations as specified above are subject to objections during the period stated in the Notice of Adoption to be published at a later date.

TO BE PUBLISHED IN YEARS AFTER THE FIRST YEAR

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

Project-Location 2017 2018 2019

Future Allocations as specified above are not subject to objections during the period stated in the Notice of Adoption because they have previously been advertised and subject to objection.

Jeff Lowry, President; Todd Miller, Vice President; James Bergens, Secretary

Members: Dennis Gutwein, Gary Gudeman, Mandy Sharpe, Jeff Tanner

188-16 G 10/12