Details for 2018 Budget - School City of East Chicag

NOTICE TO TAXPAYERS
The Notice to Taxpayers is available online at www.budgetnotices.in.gov or by calling (888) 739-9826.
Complete details of budget estimates by fund and/or department may be seen by visiting the office of this unit of government at
1401 East 144th Street, East Chicago, IN 46312.
Notice is hereby given to taxpayers of School City of East Chicago, Lake County, Indiana that the proper officers of School City of
East Chicago will conduct a public hearing on the year 2018 budget. Following this meeting, any ten or more taxpayers may object
to a budget, tax rate, or tax levy by filing an objection petition with the proper officers of School City of East Chicago not more
than seven days after the hearing. The objection petition must identify the provisions of the budget, tax rate, or tax levy to which
taxpayers object. If a petition is filed, School City of East Chicago shall adopt with the budget a finding concerning the objections
in the petition and testimony presented. Following the aforementioned hearing, the proper officers of School City of East Chicago
will meet to adopt the following budget:
Public Hearing Wednesday,
Adoption
Wednesday,
Est. Transportation $4,930,936
Date
September 27, 2017
Meeting Date
October 25, 2017
Max Levy
Public Hearing 6:00 PM
Adoption
Est. Bus Repl.
6:00
PM
$293,074
Time
Meeting Time
Max Levy
Public Hearing 1401 East 144th Street, Adoption
1401 East 144th Street, Property Tax Cap $1,204,725
Location
East Chicago, IN 46312 Meeting Location East Chicago, IN 46312 Credit Estimate
1
2
3
4
5
Fund Name
Budget
Maximum Estimated Excessive Current Tax
Estimate
Funds to be Raised
Levy
Levy
(including appeals Appeals
and levies exempt
from maximum levy
limitations)
0101-GENERAL
$36,252,546
$0
$0
$0
0180-DEBT SERVICE
$3,403,010
$1,686,935
$0
$1,681,578
0188-EXEMPT DEBT - LAKE AND ST. JOSEPH COUNTIES ONLY
$736,000
$1,241,987
$0
$1,551,367
0189-EXEMPT PENSION DEBT - LAKE AND ST. JOSEPH COUNTIES $392,705
$425,602
$0
$409,233
1214-CAPITAL PROJECTS (School)
$3,998,696
$4,600,000
$0
$3,830,053
6301-TRANSPORTATION
$3,683,640
$4,930,936
$0
$4,535,051
6302-BUS REPLACEMENT
$536,664
$293,074
$0
$280,883
Totals
$49,003,261
$13,178,534
$0
$12,288,165
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: School Administration Building, 1401 E. 144th Street, East Chicago, IN, 46312.
Notice is hereby given to taxpayers of School City of East Chicago that the proper officers of School City of East Chicago will
conduct a public hearing on the year 2018 proposed Capital Projects Fund Plan pursuant to IC 20-46-6-11. Following the public
hearing, the proper officers of School City of East Chicago may adopt the proposed plan as presented or with revisions.
Public Hearing Date: Wednesday, September 27, 2017
Public Hearing Time: 6:00PM
Public Hearing Place: School Administration Building, 1401 E. 144th Street, East Chicago, IN 46312
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.
2018
2019
2020
1) Land Acquisition and Development
4100
2) Professional Services
4300
187,600
187,600
187,600
3) Education Specifications Development
4400
4) Building Acquisition, Construction and Improvement
4510, 4520, 4530 1,545,162
1,606,968 1,671,247
5) Rental of Buildings, Facilities and Equipment
4550
6) Purchase of Mobile or Fixed Equipment
4700
365,000
379,600
394,784
7) Emergency Allocation
4900
8) Utilities (Maintenance of Buildings)
2620
1,611,096
1,675,540 1,742,561
9) Maintenance of Equipment
2640
200,000
200,000
200,000
10) Sports Facility
4540
11) Property or Casualty Insurance
2670
500,000
500,000
500,000
12) Other Operation and Maintenance of Plant
2680
575,000
575,000
575,000
13) Technology
Instruction-Related Technology
2230
100,000
100,000
100,000
Admin Tech Services
2580
108,000
108,000
108,000
SUBTOTAL CURRENT EXPENDITURES
5,191,858
5,332,708 5,479,193
14) Allocation for Future Projects
15) Transfer From One Fund to Another
6010
TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS
5,191,858
5,332,708 5,479,193
SOURCES AND ESTIMATES OF REVENUE
1) Projected January 1 Cash Balance
2,500,000
2,500,000 2,500,000
2) Less: Encumbrances Carried Forward from Previous Year
3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2)
2,500,000
2,500,000 2,500,000
4) Property Tax Revenue
5,000,000
5,000,000 5,000,000
5) Estimated Property Tax Cap Credits (show as a negative)
(1,204,725) (1,204,725) (1,204,725)
6) Auto Excise, CVET and FIT receipts
95,065
95,065
95,065
7) Other Revenue
TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6)
6,390,340
6,390,340 6,390,340
This notice contains future allocations for the following projects:
Project - Location
2018
2019
2020
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.
************************************************************************************************************
TO BE PUBLISHED IN YEARS AFTER THE FIRST YEAR
This notice contains future allocations for the following projects, which have previously been subject to taxpayer objections.
Project - Location
2018
2019
2020

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.
NOTICE TO TAXPAYERS
Complete details of the Bus Replacement Fund plan may be seen by visiting the office of this unit of government at the following
address: School Administration Building, 1401 E. 144th Street, East Chicago, IN 46312
Notice is hereby given to taxpayers of School City of East Chicago that the proper officers of School City of East Chicago will
conduct a public hearing on the year 2018 proposed Bus Replacement Fund Plan pursuant to IC 20-46-5. Following the public
hearing, the proper officers of School City of East Chicago may adopt the proposed plan as presented or with revisions.
Public Hearing Date: Wednesday, September 27, 2017
Public Hearing Time: 6:00PM
Public Hearing Place: School Administration Building, 1401 E. 144th Street, East Chicago, IN 46312
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:
Year
No. of Buses Owned
No. of Buses to be
Total Estimated
Total Contract Costs
Replaced
Replacement Cost
2018
37
5
550,000
2019
37
3
330,000
2020
37
1
110,000
2021
37
2022
37
3
330,000
2023
37
2024
37
4
440,000
2025
37
4
440,000
2026
37
5
565,000
2027
37
2028
37
6
586,414
2029
37
6
536,664
****************************************************************************************************
The proposed plan includes additional school buses or school buses with larger seating capacity as compared with the prior school
year. Evidence of a demand for increased transportation services is detailed in the proposed plan. School corporation certifies/
affirms that the additional buses it plans to acquire are for the purpose of replacement or having larger seating capacity.
Number of Additional Buses: 6
Cost of Additional Buses: $380,000
****************************************************************************************************
The proposed plan includes the replacement of a school bus earlier than its anticipated replacement date. Evidence of need for
replacement is detailed in the proposed plan.
****************************************************************************************************
SOURCES AND ESTIMATES OF REVENUE
2018
1) Projected January 1 Cash Balance
350,000
2) Less: Encumbrances Carried Forward from Previous Year
3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2)
350,000
4) Property Tax Revenue
293,074
5) Estimated Property Tax Cap Credits (show as a negative)
(85,197)
6) Auto Excise, CVET and FIT receipts
6,985
7) Other Revenue
TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6)
564,862
10/4 – 20840530 - hspaxlp

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