­­Public Notice Prescribed by the Department of Local Government Finance Approved by the State Board of Accounts Budget Form No.3 (Rev. 2012) Notice To Taxpayers Complete details of budget estimates by fund and/or department may be seen by visiting the office of this unit of government at Administration Office, 1976 W Tyson Rd, Portland, IN The Political subdivision or appropriate fiscal body shall publish this notice twice in accordance with IC 5-3-1 with the first publication at least ten days before the date fixed for the public hearing and the second publication at least three days before the date fixed for public hearing. Notice is hereby given to taxpayers of Jay School Corporation Jay County, Indiana that the proper officers of Jay School Corporation, Administration Office, 1976 W Tyson Rd, Portland, IN at Admin Office, 1976 W. Tyson Rd, Portland on August 19, 2013 at 6:00 P.M. will conduct a public hearing on the year 2014 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 Jay School Corporation 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 to. If a petition is filed, the Jay School Corporation shall adopt with the budget a finding concerning the objections in the petition testimony presented. Following the aforementioned hearing, the proper officers of Jay School Corporation will meet to adopt the following budget Date of Public Hearing August 19, 2013 Date of Adoption Meeting September 16, 2013 Time of Public Hearing at 6:00 P.M. Time of Adoption Meeting at 6:00 P.M. Public Hearing Place Administration Office, Adoption Meeting Place Administration Office, 1976 W Tyson Rd, Portland, IN 1976 W Tyson Rd,Portland,IN Est. Transportation Max Levy $ 2,123,940 ESt. Bus Replacement Max levy 1,234,767 Fund Name Budget Estimate Maximum Estimated Funds to Excessive Current be Raised (including appeals Levy Appeals Tax and levies exempt from Levy maximum levy limitations) 0101 General Fund $25,873,000 $ 0021 Referendum Fund- Exempt Operating $ - $ 0180 Debt Service Fund $3,906,090 $3,784,456 $3,533,703 0188 Exempt Debt Fund $ - $ - 0186 School Pension Debt $981,883 $946,106 $940,655 0189 Exempt Retirement/ Severance Bond Debt Service Fund $ $ - 0187 Referendum Debt Exempt Capital Fund $ $ 1214 Capital Projects Fund $3,400,000 $3,248,307 $2,973,472 63015chool Transportation Fund $2,300,000 $2,123,940 $2,032,816 6302 Bus Replacement Fund $282,000 $1,234,767 $169,817 0061 Rainy Day Fund $ $ 0104 Repair And Replacement Fund $ $ 0203 Self Insurance Fund Worker's Compensation $ $ 0022 Referendum Fund - Exempt Operating - Post 2009 $ $ 0287 Referendum Debt Fund - Exempt Capital- Post 2009 $ $ Totals $ 36,742,973 $11,337,576 $9,650,463.00 Name: Bradley T DeRome Title: PIN: Date: Business Manager/Treasurer August 5, 2013 I hereby acknowledge that the submission of this document through the Gateway password and PIN system constitutes an "electronic signature" as defined in Ie 5-24-2-2. This submission is intended to, and hereby does, constitute authentication and approval of the submitted document as required by the Indiana Code. I understand that this electronic signature takes the place of my handwritten signature and accomplishes the same purposes as would my handwritten signature in the same circumstance. I further acknowledge that this electronic signature has the same force and effect as my handwritten signature and can and will be used for all lawful purposes. I affirm that I have the real and apparent authority to electronically sign and submit this document on behalf of the unit. 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: Administration Office, 1976 W Tyson Rd, Portland, IN Notice is hereby given to taxpayers of Jay School Corporation 2014 that the proper officers of proposed Capital Projects Fund Plan Jay School Corporation will conduct a public hearing on the year pursuant to IC 20-46-6-11. Following the public hearing, the proper officers of Jay School Corporation may adopt the proposed plan as presented or with revisions. Public Hearing Date: August 19, 2013 Public Hearing Time: 6:00 P.M. Public Hearing Place: Administration Office, 1976 W Tyson Road, Portland, IN 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: 2014 2015 2016 1) Land Acquisition and Development - - - 2) Professional Services 10,000 10,000 10,000 3) Education Specifications Development - - - 4) Building Acquisition, Construction and Improvements 1,186,600 1,025,600 1,012,600 5) Rent of Buildings, Facilities and Equipment 262,000 262,000 262,000 6) Purchase of Mobile or Fixed Equipment 308,000 291,000 281,000 7) Emergency Allocation 6,700 8,290 8,290 8) Utilities 636,132 636,100 636,100 9) Maintenance of Equipment 310,000 318,010 326,010 10) Sports Facility 2,000 243,000 50,000 11) Property or Casualty insurance 135,000 135,000 135,000 12) Other Operation and Maintenance of Plant - - - 13) Other Proposed Expenditures 543,568 519,000 521,000 14) Allocation for Future Projects - - - 15) Transfer From One Fund to Another - - - Total Expenditures, Allocations & Transfers 3,400,000 3,448,000 3,242,000 Sources And Estimates Of Revenue: 1) Projected January 1 Cash Balance (12,307) 2) less Encumbrances Carried Forward From Previous Year - 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) (12,307) 4) Property tax revenue 3,248,307 3,326,000 3,120,000 5) Auto excise, CVET and FIT receipts 164,000 122,000 122,000 6) Other revenue - - - Total Funds Available For Plan (Add lines 3,4,5, and 6) 3,400,000 3,448,000 3,242,000 This notice contains future allocations for the following projects: Project-Location 2014 2015 2016 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 2014 2015 2016 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: Administration Office, 1976 W Tyson Rd, Portland, IN Notice is hereby given to taxpayers of Jay School Corporation that the proper officers of Jay School Corporation will conduct a public hearing on the year 2014 proposed Bus Replacement Fund Plan pursuant to IC 20-46-5.6.1. Following the public hearing, the proper officers of Jay School Corporation may adopt the proposed plan as presented or with revisions. Public Hearing Date: August 19, 2013 Public Hearing Time: 6:00 PM Public Hearing Place: Administration Office, 1976 W Tyson Road, Portland, IN 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 Replaced Replacement Cost 2014 55 3 $282,000 2015 55 1 $95,000 2016 55 17 $1,632,000 2017 55 2018 55 2019 55 16 $1,566,000 2020 55 2021 55 2022 55 2023 55 1 98,000 2024 55 3 228,000 2025 55 14 1,408,000 If school corporation is seeking to acquire or contract for transportation services that will provide additional school buses or buses with larger seating capacity as compared with the prior school year, include the following statement on the notice to taxpayers. =N/A 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. = N / A If school corporation is seeking to replace a school bus earlier than 12 years after the existing bus was originally acquired or is requiring a contractor to replace a school bus, include the following statement on the notice to taxpayers. 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. = N / A Sources And Estimates Of Revenue 2014 1) Projected January 1 Cash Balance 2,597 2) Less: Encumbrances Carried Forward from Previous Year - 3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 2,597 4) Property Tax Revenue 1,234,767 5) Auto Excise, CVET and FIT receipts 8,700 6) Other Revenue Total funds available for Plan (Add lines 3,4,5 and 6) 1,246,064 CR 8-17-2013-HSPAXLP