September 18, 2014 at 2:50 p.m.
jay school corp future projects
Public Notice
Notice of Adoption
Notice is hereby given to taxpayers of Jay School Corporation that the proper officers of Jay School Corporation have established a Capital Projects Fund and adopted a plan under IC 20-46-6-5.
Ten or more taxpayers in the school corporation who will be affected by the plan may file a petition with the County Auditor of Jay County, not later than ten (10) days after the publication of this notice, setting forth their objections to the plan. Upon filing of the petition, the County Auditor shall immediately certify the same to the Department of Local Government Finance. The Department will then fix a date and conduct a public hearing on the plan before issuing its approval or disapproval thereof.
The following is a general outline of the adopted plan:
Expenditures: 2015 2016 2017
1) Land Acquisition and
Development 4100 - - -
2) Professional Services 4300 10,000 10,000 10,000
3) Education Specifications
Development 4400 - - -
4) Building Acquisition,
Construction and
Improvement 4510,4520,4530 1,073,601 1,015,600 1,002,600
5) Rent of Buildings, Facilities
and Equipment 4550 283,096 284,000 284,000
6) Purchase of Mobile or
Fixed Equipment 4700 308,000 291,000 281,000
7) Emergency Allocation 4900 6,700 8,290 8,290
8) Utilities 2620 636,132 636,100 636,100
9) Maintenance of Equipment 2640 369,000 376,010 383,010
10) Sports Facility 4540 2,000 243,000 50,000
11) Property or Casualty
insurance 2670 135,000 135,000 135,000
12) Other Operation and
Maintenance of Plant 2680 - - -
13) Technology
Instruction-Related
Technology 2230 576,471 577,000 577,000
Admin Tech Services 2580 - - -
Subtotal Current Expenditures 3,400,000 3,576,000 3,367,000
14) Allocation for Future Projects - - -
15) Transfer From One Fund
to Another 6010 - - -
Total Expenditures,
Allocations & Transfers 3,400,000 3,576,000 3,367,000
Sources And Estimates of Revenue:
1) Projected January 1 Cash Balance 24,599 - -
2) Less Encumbrances Carried Forward
From Previous Year - - -
3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 24,599 - -
4) Property Tax Revenue 3,195,005 3,396,000 3,187,000
5) Auto excise, CVET and FIT receipts 180,396 180,000 180,000
6) Other revenue - - -
Total Funds Available For Plan
(Add lines 3,4,5, and 6) 3,400,000 3,576,000 3,367,000
This notice contains future allocations for the following projects:
Project-Location 2015 2016 2017
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 .
CR/NS 9-24-2014-HSPAXLP
Notice of Adoption
Notice is hereby given to taxpayers of Jay School Corporation that the proper officers of Jay School Corporation have established a Capital Projects Fund and adopted a plan under IC 20-46-6-5.
Ten or more taxpayers in the school corporation who will be affected by the plan may file a petition with the County Auditor of Jay County, not later than ten (10) days after the publication of this notice, setting forth their objections to the plan. Upon filing of the petition, the County Auditor shall immediately certify the same to the Department of Local Government Finance. The Department will then fix a date and conduct a public hearing on the plan before issuing its approval or disapproval thereof.
The following is a general outline of the adopted plan:
Expenditures: 2015 2016 2017
1) Land Acquisition and
Development 4100 - - -
2) Professional Services 4300 10,000 10,000 10,000
3) Education Specifications
Development 4400 - - -
4) Building Acquisition,
Construction and
Improvement 4510,4520,4530 1,073,601 1,015,600 1,002,600
5) Rent of Buildings, Facilities
and Equipment 4550 283,096 284,000 284,000
6) Purchase of Mobile or
Fixed Equipment 4700 308,000 291,000 281,000
7) Emergency Allocation 4900 6,700 8,290 8,290
8) Utilities 2620 636,132 636,100 636,100
9) Maintenance of Equipment 2640 369,000 376,010 383,010
10) Sports Facility 4540 2,000 243,000 50,000
11) Property or Casualty
insurance 2670 135,000 135,000 135,000
12) Other Operation and
Maintenance of Plant 2680 - - -
13) Technology
Instruction-Related
Technology 2230 576,471 577,000 577,000
Admin Tech Services 2580 - - -
Subtotal Current Expenditures 3,400,000 3,576,000 3,367,000
14) Allocation for Future Projects - - -
15) Transfer From One Fund
to Another 6010 - - -
Total Expenditures,
Allocations & Transfers 3,400,000 3,576,000 3,367,000
Sources And Estimates of Revenue:
1) Projected January 1 Cash Balance 24,599 - -
2) Less Encumbrances Carried Forward
From Previous Year - - -
3) Estimated Cash Balance Available for Plan (Line 1 minus Line 2) 24,599 - -
4) Property Tax Revenue 3,195,005 3,396,000 3,187,000
5) Auto excise, CVET and FIT receipts 180,396 180,000 180,000
6) Other revenue - - -
Total Funds Available For Plan
(Add lines 3,4,5, and 6) 3,400,000 3,576,000 3,367,000
This notice contains future allocations for the following projects:
Project-Location 2015 2016 2017
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 .
CR/NS 9-24-2014-HSPAXLP
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