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home : public notices : public notices May 28, 2016

8/30/2012 8:00:00 AM
Culver Community Schools Corporation

CULVER COMMUNITY SCHOOLS CORPORATION

NOTICE TO TAXPAYERS OF TAX LEVIES

Notice is hereby given the taxpayers of Culver Community Schools Corporation, Pulaski, Starke County, Indiana that the proper legal officers of said School Corporation at 700 School Street, Culver, Indiana on September 17, 2012 at 7:00 p.m. will conduct a public hearing on the budget. Following the 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 within seven days after the hearing. The objecting petition must identify the provisions of the budget, tax rate, or tax levy the taxpayers object to. If a petition is filed, the political subdivision shall adopt with its budget a written finding concerning the objections filed and testimony presented. Following the aforementioned hearing, the School Board will meet at 700 School Street, Culver, Indiana on October 15, 2012 at 7:00 p.m. to adopt the following budget:

BUDGET ESTIMATE

Complete details of budget estimates by fund may be seen at the School Administration Offices.



School Budget Maximum Excessive Current

Funds Estimate Est. funds Levy Tax

to be raised Appeals Levy

(including included in

appeals) Column 3

General 7,248,345 xxxxxx xxxxxx Debt Service 1,630,220 1,390,731 1,230,809

Retirement/Severance

Bond Debt Service 299,094 273,702 269,930

Capital Projects 1,623,637 1,189,268 807,225

School Transportation 823,450 731,198 720,910

School Bus Replacement 186,000 207,954 192,741

Rainy Day 242,850 xxxxxx xxxxxx

Total 12,053,596 3,792,853 3,221,615

Net Assessed Valuation of taxable property

for the year 2012 payable 2013: $747,000,000.

Taxpayers appearing at the hearing shall have an opportunity to be heard. Pursuant to IC 6-1.1-17-13, after the tax levies have been determined, fixed by the appropriate governing body, and the tax rates published by the County Auditor, ten (10) or more taxpayers or one (1) taxpayer that owns property that represents at least ten percent (10%) of the taxable assessed valuation in the political subdivision may initiate an appeal from the county board of tax adjustment's action on a political subdivision's budget by filing a statement of their objections with the County Auditor. The statement must be filed not later than ten (10) days after the publication of the notice. The statement shall specifically identify the provisions of the budget and tax levy to which the taxpayers object. The County Auditor shall forward the statement, with the budget, to the Department of Local Government Finance.



Comparative statement of taxes collected and to be collected: (Property tax to be collected in current year and actual collections for the previous three (3) years)



Fund Collected Collected Collected To Be

Name 2009 2010 2011 Collected

2012

General 290,615 xxxxxx xxxxxx xxxxxx

Debt Service 1,506,861 1,294,918 1,201,918 1,230,809

Retirement/Severance

Bond Debt Service 311,081 289,323 278,411 269,930

Capital Projects 649,671 849,576 788,075 807,225

School Transportation 709,858 721,549 719,183 720,910

School Bus

Replacement 253,443 248,995 248,881 192,741

Spec. Ed. Preschool 529 xxxxxx xxxxxx xxxxxx

Total 3,722,058 3,404,159 3,236,468 3,221,615



Notice

In addition to the annual budget the proper officers of Culver Community Schools Corporation, will meet at 700 School Street, Culver, Indiana on Sept. 17, 2012 at 7:00 p.m. to consider the establishment of a Capital Projects Plan.

The following is a general outline of the plan:

Account No. 2013 2014 2015

Current Expenditures:

(1) Land Acquisition &

Development 41000

(2) Professional Services 43000 10,000 10,000 10,000

(3) Education Specifications

Development 44000

(4) Building Acquisition, Construction,

Improvement 45100 85,000 120,000 140,000

(includes 45200 and 45300)

(5) Rental of Buildings, Facilities &

Equipment 45500 20,000 25,000 30,000

(6) Purchase of Mobile or

Fixed Equipment 47000 275,000 315,000 360,000

(7) Emergency Allocation

(Other Facilities Acquisition

& Construction 49000 525,000 300,000 300,000

(8) Utilities (Maintenance

of Buildings) 26200 239,837 239,837 239,837

(9) Maintenance of

Equipment 26400 285,000 327,500 355,000

(10) Sports Facility 45400 10,000 10,000 10,000

(11) Property or Casualty

Insurance 26700

(12) Other Operation & Maintenance

of Plant 26800

(13) Technology

Instruction - Related

Technology 22300 173,800 185,000 190,000

Admin Tech Services 25800

Subtotal Current Expenditures 1,623,637 1,532,337 1,634,837

(14) Allocation for Future Projects

(Cumulative Totals)

(15) Transfer From One Fund

to Another 60100

Total Expenditures & Allocations 1,623,637 1,532,337 1,634,837

Sources & Estimates of Revenue

(1) January 1, Cash Balance 383,160

(2) Less Encumbrances Carried Forward From Previous Year

(3) Estimated Cash Balance Available

for Plan (Line 1 minus Line 2) 383,160 400,000 425,000

(4) Property Tax Revenue 1,189,268 1,200,000 1,250,000

(5) Auto Excise, CVET & FIT receipts 58,000 65,000 70,000

(6) Other Revenue (Interest income)

Total funds available for plan

(Add lines 3, 4, 5, 6) 1,630,428 1,665,000 1,745,000

Estimated property tax rate

to fund plan 0.16 0.16 0.17

Based upon an assessed

valuation of: 747,000,000 747,000,000 747,000,000



Taxpayers are invited to attend the meeting for a detailed explanation of the plan and and to be heard on the proposed plan.



NOTICE TO TAXPAYERS OF SCHOOL BUS

REPLACEMENT PLAN FOR THE YEARS 2013 - 2024

In addition to the annual budget the proper officers of Culver Community Schools Corporation, will meet at 700 School Street, Culver, Indiana on Sept. 17, 2012, at 7:00 p.m. to consider the School Bus/Vehicle Replacement Plan as summarized below for the twelve (12) year period between 2013 and 2024. The levy required to fund this plan will be raised as indicated in the Notice to Taxpayers of Budgets and Levies to be collected in 2013. Detail of the proposed plan is on file in the office of the Superintendent for inspection from the date of this notice. Taxpayers shall have the right to be heard on the plan summary as listed below at the public hearing.

I. Summary of planned replacements and accumulation for future years

No. Of No. Of Buses Total of *Amount to be

Buses To Be Year Replacement Accumulated in 2013

Owned Replaced Cost For Future Purchases

27 2 2013 186,000 215,000

27 3 2014 243,000

27 3 2015 282,000

27 2 2016 190,000

27 2 2017 190,000

27 3 2018 288,000

27 2 2019 194,000

27 2 2020 194,000

27 2 2021 196,000

27 2 2022 198,000

27 2 2023 159,000

27 2 2024 198,000

*The above only reflects allocations to be raised in 2013. Such amount will be added to accumulation raised from prior years. Total accumulations are reflected on line 11 of the Budget Form 4B, available for inspection in the office of the Superintendent.

Dated this 20th day of August, 2012

James Wentzel, President

Ryan Sieber, Vice President

Jack L. Jones, Secretary

Marilyn Swanson, Member

Ed Behnke, Member

Ken VanDePutte, Member

David A. Cooper, Member

Aug. 30, Sept. 6





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