Details for 2018 Budget Estimate MERRILLVILLE COMMUN

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: 6701 Delaware Street, Merrillville, IN 46410.
Notice is hereby given to taxpayers of Merrillville Community School Corporation that the proper officers of Merrillville
Community School Corporation 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 Merrillville Community School Corporation
may adopt the proposed plan as presented or with revisions.
Public Hearing Date: October 4, 2017
Public Hearing Time: 7:30 PM
Public Hearing Place: Administration Building, Board Room
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
225,000
225,000
225,000
3) Education Specifications Development
4400
4) Building Acquisition, Construction and Improvement
4510, 4520, 4530 3,712,000 3,541,500 3,460,500
5) Rental of Buildings, Facilities and Equipment
4550
1,218,000 1,188,000 1,188,000
6) Purchase of Mobile or Fixed Equipment
4700
252,684
257,000
257,000
7) Emergency Allocation
4900
100,000
100,000
100,000
8) Utilities
2620
1,198,926 1,198,926 1,198,926
9) Maintenance of Equipment
2640
600,000
656,500
635,000
10) Sports Facility
4540
11) Property or Casualty Insurance
2670
12) Other Operation and Maintenance of Plant
2680
13) Other Proposed Expenditures
Instruction-Related Technology
2230
2,399,682 2,047,341 2,058,174
Admin Tech Services
2580
1,522,195 1,133,295 1,252,395
SUBTOTAL CURRENT EXPENDITURES
11,228,487 10,347,562 10,374,995
14) Allocation for Future Projects
15) Transfer From One Fund to Another
6010
TOTAL EXPENDITURES, ALLOCATIONS AND TRANSFERS
11,228,487 10,347,562 10,374,995
SOURCES AND ESTIMATES OF REVENUE
1) Projected January 1 Cash Balance
420,142
2) Less: Encumbrances Carried Forward from Previous Year
3) Estimated Cash Balance Available for Plan
420,142
(Line 1 minus Line 2)
4) Property Tax Revenue
10,488,946 9,977,562 9,999,995
5) Estimated Property Tax Cap Credits (show as a negative)
(45,041)
(45,041)
(45,041)
6) Auto Excise, CVET and FIT receipts
364,440
370,000
375,000
7) Other Revenue
TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and
6)
11,228,487 10,302,521 10,329,954
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.
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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: 6701 Delaware Street, Merrillville, IN 46410.
Notice is hereby given to taxpayers of Merrillville Community School Corporation that the proper officers of Merrillville
Community School Corporation 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 Merrillville Community School Corporation may
adopt the proposed plan as presented or with revisions.
Public Hearing Date: October 4, 2017
Public Hearing Time: 7:30 PM
Public Hearing Place: Board Room in Administration Building
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
91
17
1,690,100
2019
91
2
136,000
2020
91
9
961,668
2021
91
9
1,016,803
2022
91
2023
91
10
1,219,969
2024
91
11
1,393,772
2025
91
2026
91
16
2,224,072
2027
91
0
2028
91
17
2,551,783
2029
91
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The proposed plan includes additional school buses or school buses with larger seating capacity as compared with the
prior 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: 3
Cost of Additional Buses: $195,000
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
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
5) Estimated Property Tax Cap Credits (show as a negative)
6) Auto Excise, CVET and FIT receipts
7) Other Revenue
TOTAL FUNDS AVAILABLE FOR PLAN (Add lines 3, 4, 5 and 6)

2018
2,680,230
2,680,230
1,023,810
(6,515)
45,719
3,743,244
9/22 – 20838838 - hspaxlp

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