EPCSC Capital Projects Fund

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: Eastern Pulaski Community School Corporation, 711 School Drive, Winamac, IN 46996.

Notice is hereby given to taxpayers of Eastern Pulaski Community School Corporation that the proper officers of Eastern Pulaski Community School Corporation will conduct a public hearing on the year 2017-2019 proposed Capital Projects Fund Plan pursuant to IC 20-46-6-11. 

Following the public hearing, the proper officers of Eastern Pulaski Community School Corporation may adopt the proposed plan as presented or with revisions.

Public Hearing Date: October 10, 2016

Public Hearing Time: 5:30 PM

Public Hearing Location: Eastern Pulaski Community School Corporation, Conference/Meeting Center, 711 School Drive, Winamac, IN 46996

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. 2016 2016 2017

  1) Land Acquisition and Development 4100

  2) Professional Services 4300

  3) Education Specifications Development 4400   

  4) Building Acquisition, Construction

and Improvement 4510, 4520, 4530 700,000 700,000 700,000

  5) Rental of Buildings, Facilities and Equipment 4550 750 750 750

  6) Purchase of Mobile or Fixed Equipment 4700 544,656 544,656 544,656

  7) Emergency Allocation 4900 50,000 50,000 50,000

  8) Utilities (Maintenance of Buildings) 2620 300,000 300,000 300,000

  9) Maintenance of Equipment 2640 381,100 381,100 381,100

10) Sports Facility 4540  

11) Property or Casualty Insurance 2670 84,000 84,000 84,000

12) Other Operation and Maintenance of Plant 2680

13) Technology

Instruction-Related Technology 2230

Admin Tech Services 2580

SUBTOTAL CURRENT EXPENDITURES 2,060,506 2,060,506 2,060,506

14) Allocation for Future Projects

15) Transfer From One Fund to Another 6010

TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS 2,060,506 2,060,506 2,060,506

SOURCES AND ESTIMATES OF REVENUE

  1) Projected January 1 Cash Balance

  2) Less: Encumbrances Carried Forward from Previous Year

  3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2)

  4) Property Tax Revenue 1,000,000 1,000,000 1,000,000

  5) Auto Excise, CVET and FIT receipts

  6) Other Revenue

TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6) 1,000,000 1,000,000 1,000,000

178-16 G 09/28