Indianapolis Recorder, Indianapolis, Marion County, 9 August 2002 — Page 32

PAQE Dt THE INDiANAPOUS RECORDER

FRIDAY, AUGUST 9,2002

MOnCE TO TAXPAYERS OF PROPOSED ADDmONAL APPROPRIATIONS

fiSfi CAPITAL PROJECTS FUND

Notice is hereby given the taxpayers of the Indianapolis Public Schools, Marion County, Indiana that the proper legal officers of The Board of School Commissioners of the City of Indianapolis at their regular meeting place at 120 East Walnut Street, Indianapolis, Indiana, at 7:00 P.M. on the 19th day of August 2002 will hold a public hearing to consider the following additional appropriation in excess of the General Fund Budget for the current year, and on the 29th of August, 2002, will consider the following additional appropriations for adoption.

GENERAL FUND

ACCOUNT NO.

12000: Instruction - Special Programs 13000: Instruction - Adult/Continuing Education 16000: Remediation Programs 21000: Support Services - Pupils 23000: Support Services - General Administration 24000: Support Services - School Administration 25000: Support Services - Business 26000: Support Services - Central 30000: Community Services Total General Fund

$ 1,255,776 10,981 497,454 374,203 131,888 830,985 970,950 2,580,793 49,767 $ 6,702,797

25320:

Land Acquibilion and Oavloimwnl

(1)

<250,000

25330:

Professional Services

(2)

1,932,000

25340:

Education Specifications Davalopmwil

(3)

26350:

Building Acquisition, Conatr and Improvement

(4)

21,619,000

25360:

RsnW of Buildings. Grounds and Equipment

(S)

1,950,000

25380:

Purchase of Mobile or Fixed Equipment

(8)

3,500,000

25390:

Emergency Allocation

(7)

250.000

25440:

Maintenance of Equipment

(»)

3,100,000

25355:

School Sports Facility

(9)

1,552,000

25910:

Judgments

25930:

Easements

2SXXX:

Allocation - Future Projects

25XXX:

CapiW Transfer (Desegregation)

3,200,000

26450:

Health Services

26490:

Other Staff Services

(10)

8,030,000

26700:

Technology Coordinator

26710:

Technology Support and Maintenance

(ID

850,000

51600:

Other Tax Board Approved Debt

52200:

Interest on Debt

53100:

Buildings

53200:

Equipment

54200:

Advances and Obligations

Total Capital Projects Fund

041 TRANSPORTATION FUND 25000: Support Services - Business 20,656,023 26000: Support Services • Central 3.843.977 50000: Debt Services ToW Transportation Operating Fund fi£2 BUS REPLACEMENT FUND 25000: Support Services - Business 12,507,000 50000: Debt Services ToW Bus Replacement Fund

546.233.000

<24,500,000

$12.507,000

Original appropriations in the 2002 General Fund Budget to be reduced as a part of this action include: 11000 - Instruction - Regular Programs ($161,076); 14000 - Instruction - Summer School ($586,125); 22000 - Support Services - Instruction Staff ($99,101); 12 ooo 40000 - Nonprogrammed Charges ($786,329) gjjjj;

060 SPECIAL EDUCATION PRESCHOOL

40000 50000

Instruction ■ Special Programs Support Services • Business Support Swvices - Central Nonprogrammed Ctwrges Debt Services

1,552,782

433,569

Taxpayers appearing at the meeting shall have a right to be heard. The additional appropriations as finally made will be referred to the Department of Local Government Finance. A written determination as to the sufficiency of funds to support the appropriations will be made within fifteen (15) days of receipts of a Certified Copy of the action taken. THE BOARD OF SCHOOL COMMISSIONERS OF THE CITY OF INDIANAPOLIS

Rodney M. Black, Business Manager

NOTICE TO TAXPAYERS OF SCHOOL BUS REPLACEMENT PLAN FOR THE YEAR 2003 • 2012 AND CONTRACTED STUDENT TRANSPORT SERVICES FOR CALENDAR 2003 Notice is given to the taxpayers of The Indianapolis Public Schools, that on August 19.2002, at 7:00 P.M. at 120 E. Walnut Street the Board of School Commissioners of the City of Indianapolis shaH conduct a public hearing to consider the School Bus Replacement Plan as detailed below for the ten (10) year period between 2033 to 2012 and ppntroc^stt transportation cost lor calendar 2003. The levy rMuirM to fuml)^ ^ be raised asindicated in the Notice to Taxpayers of Budget and Levies to be coMctM in 2003. Detail of the ptopoeed pWt 4 on Be in the Office of the Business Manager for Inspection from the date of this noUca. - TaidMyersshaN have the right to be heard on the plan listed below at the public hearing. I SUMMARY OF PLANNED REPLACEMENTS AND ACCUMULATION FOR FUTURE YEARS

ToW Special Education Preschool

<1,966,351

26000:

Support Services - Central

110 SELF INSURANCE FUND <2,432,673

■ OESCRTTION OF CONTRACTED TRANSPORT SERVICES FOR THE YEAR 2003 The Oistrict wM contract student transport services for the year 2003 in accordance with contracts awarded and executed during the Spring of 2001 The estimated cost of this service wiN be <9,646,000 Details regarding the bid, award and contract details are on file in the Office of the Business Manager and are available for inspection from the date of this notice

Dated this 6th day of August 2002 Board of School Commissioners:

Rev Michael D Brown, President Mrs Kelly E Bentley. Vice President Mrs Mananna R. Zaphinou, Secretary Ms Delores J. Brents Dr Mary E Busch Mr Clarice C Campbell Mr Donald Payton

<2,432,673

COMPARATIVE STATEMENT OF TAXES COLLECTED AND TO BE COUECTED: (Property tax to be collected in current year and actual collections for the previous three years).

To Be

Fund Name General Debt Services Capital Projects Transportation Bus Replacement SpecW Education Preschool ToW

Coilactad

Collected

Year 1999

Year 2000

Year 2001

Year 2002

$80.927,829.

$86,782,590

$83,217,911

$86,078,991

8,154,135

5,033,115

4.490.368

4,154,539

29,952,267

30.071,085

29.840.004

30.979.899

23,655,789

24,007,298

26.245,761

18.318.085

1,609,617

9,582,119

244,429

245.396

243,512

251,559

<142.934.449

<146,139,487

$145,647,173

$149,365,192

ESTIMATE OF FUNDS TO BE RAISED

No of

No of Buses

Total Of

Amount to be

Amount

Total

Buses

To Be

Replacement

Accumulated in 2001

Accuhiulated from

Accumulation

Owned

Replaced

Year |

Cost

for future years

Previous Years

for Replacements

300

T00m 2,661,000

300

2004

2,800,000

300

2005

2,931.000

300

2006

3,100,000

'300

2007

3,300,000

300

2006

3,400,000

300

2009

3,600.000

300

2010

3.800.000

300

2011

4.000.000

300

2012

4.100.000

~ FUNDS REQUMSO FOR EXPENSES TO:

Ganaral

DaM

Samoa

Caper —

Protects

DECEMBER 31 OF INCOMINO YEAR

Fund

1 Total Budget EsSmali for anaumg yaar. Jan 1 to Dac 31 20 S3 mduaivo

$314.100000

$11.004 041

143 033 000.

2 Balonco of appropriations from July 1. to Oac 11 of prooont year

Iota any raductxxw mads by BOwmng body

133 806103

3.142 028

24 150.287

Bui Eduction Fund Fund

t477 97ejM

$12 907.000

$1 9W.361

3 Additional appropriations anbapaltd Ironi July 1 to Dtc 31 of

prasant yaar (in axcMt of currant budgal) 4 Outstanding Tamporary Loans a To ba paid not mdudad m hnaa 2 or 3

b. Not rapaid by Daoambar 31 of peasant yaar

3 Total asbmatadaxpandrturas (add knas 1,2.3,4a and 4b)

FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY

• Actual Cash Balanca.Juna 30 of praaantyaar tassTs.as? 7 Anbdpatad Propafty tax coNacbons (Dac. Satdsmsnt) ja saa sM • Other revenue anticipated from July 1 to Daoambar 31 of prasant

year (Schedule on Fit)

a. Total Column A Budget Form No 2 i30 970.347 b. Total Column B Budget Form No.2 226 7ao,ooo • TOTAL FUNDS (Add mas 6.7.8a and 8b) 432792,967 10 NET AMOUNT REQUIRED TO BE RAISED FOR EXPENSES TO DEC 31 OF ENSUING YEAR (Deduct Una 9 from Kna 5) 49193312 11 Operating Balance or CPF ANocaion for fritura projects. or Bus Replacement Alocations (Excess Funds) 42 ass ess 12. Total (Add Unas 10,11). 87782.000 13 Property Tax Replacement Credit From County Adjusted Gross Income Tex (CAGIT) 0 14 Total Less Property Tax Replacement Credit am 12 mm ira i3) 97782.000 15 Levy Excess (CoNacbons in excess of 102% from • prior year) applied to levy 0 ie Net Amount to Be Raised (Nne 14 less kna 15). »7 702 000 EXCESSIVE LEVY APPEALS (indudad in lina 16) >2 206 000 CURRENT YEAR LEVY SM OTS SSi

$3 521263

246.504 ises.ooo

7515236

6,830.833

S3SS.1S7 16000 000

3200000

2 500 346

$70 363297

621 2SS.SS1 14 029866

1 163 351

36 566130

30.787.167

2786633

2 500 346

$42747.416

$11 793.746 8 296.724

3016.000 24 550.099

3 902.641 22000.000

>16009000

$22000.000

$4154 639

S30S7SO

$18318.095

Pwascnosd by Department of Local Government Finance Me Board of Accounts

School Budptr Form No. 3 (RtwMd 2002) *•» A*»***od VoluWon of Twtolo Proporty tor Yoor 20 02 poyYoorZO 03;

$7,241 .SSOOOO

Nabco io homby gwon th* tavayor* of afficors of Mid School Corporation at conduct a public hoanng on tha budget

NOTICE TO TAXPAYERS OF TAX LEVIES Indianapolis Public Schools Mpripo

4.508 704

•15814

5000000

$22.086704

82.802 266

$4.868 564

81.062 306

4 338 780

113823

411400

565 041

860000

1.706 400

10.068784

3,438808

11428810

•534 404

273 080

777,404

11.700 000

243000

11 700 000

243000

•11.700 000

$243,000

XXMXXX

xxxxxx

88 582110

$251 568

determined, fixed By

120 E Walnut St

1»Auq

County. Indiana, that tho propor logai Year 20 Q2. at 7:00 anw/p m wM

Fotowmg tho meeting, any tan or mora taxpayara may objact to a budget tax rata, or tax levy by

Mng an objecting poMion with the proper officers of the poihcai subdivision within sown days after hearing The objection petition must identify die provieione of die budgat tax rate, or tax levy that taxpeyars object to If a pattoon • Nad. tha pobbcal subdiviaion shal adopt with ita budget a written Ming concerning the obteebona Ned and testimony preaented Following the aforementioned heating the School Board wi meat at 120 E Walnut St on 29 Aug , Year 20 (g at 7 00 aw /p.m to adopt the tobowing budgat:

filfi GENERAL FUND

the appropriate gowming body, and the tax ratoa puMahad by the County Auditor, tan or mora taxpayara objecting to the laviaa may appaaito the Department of Local Gowmment Finance by Wng a petition mlh the County Auditor Ttw pabbon must ba Nad on or betora the tenth day attar publication of the proposed tax rates charged Hmwwr. a group of twi or more taxpayara may not Mttola an appeal against the nobca of tax rates prtiiehed by the County Audaor IT leae than seuenhMiw percent (7S%) of the objecting taxpayers wars not objecting taxpayers on the objection pabbon Nad upon pubtaabon of the noboa to taxpayers of budget aabmataa and tax laviaa puMahsd by the urM

NOTICE

In addtton to the annual budget, the proper oNcsrs of 120 E Walnut St at 7 00 (aw Xp m) on

Indianapolis Public Schools fiiMal OtOTK* Mamtl

w4l meet at

1»Aup02

_ to consxlsr tha esttMishment of a Capital Projects Fund Plan

11000:

Instruction - Regular Programs

<105,638,359

12000:

Instruction - Spent 1 Programs

31,715,005

1300ft

tnetruebon - AduR/Conbnuing Education

2,753,402

14000:

Instruction • Summer School

2,000,000

1500ft

Enrichment Programs

1600ft

RsmsdiBlion Programs

47,845

21000:

Support Sanricaa - Pupbe

10.143,466

2200ft

Support 5srvicoi - Instruction Staff

7,960,366

Support 'ismrsi - Owner si Admavsbabort

2,923,450

2400ft

Support ServicM - School Administralion

14,716,757

2500ft

Support SofwcBS - Butirwut

37,317,632

20000:

Support Qarvjras - Central

57,157.398

20000:

Support Servicee - Otter

53,000

30000:

Community Sofvicos

880,407

40000:

Nonprogrammed Chargee

40,772,881

DaM Service i

ToW General Fund <314,100,000

821 DEBT SCRVICe FUND

Support Sorvioaa-

90000: DsMSanncas ToW Debt Servic* Fund

11,004 041 <11,004,041

The toaowing ie a genaral ouNne of Ihe Pton:

CURRENT EXFENOtTURES:

Account No

20 03

20 04

20 05

(1)

Lend Acquisition end Development

29320

$290,000

1780,000

tl.000.000

<2)

Professional Sarvicas

25330

1 832 000

2.07*800

2.2SS.000

Educabon Spocdlcobono Oawtopmanl

25340

(4)

Budding Acquisition. Conatrucbon. Improwmonta

25350

21S1S.OOO

14.218.200

17.711.000

(S)

Rental of Buddnge. Grounds and Eeupmant

25360

ISM 000

1.SS0.000

1*80 000

<•)

Purchaaa of Mobito or Fixad Equgmant

253*0

1.800.000

2.000000

1.(7*000

(7)

Emergency Alocetions

25390

280.000

2.000.000

(•)

Memtenence of equipment

25440

1.1(0.000

1.100.000

(*)

Sports Facddiss ,

25356

1882.000

1.401.000

700.000

(10)

Other Stab Ssrwced

25490

8.010.000

a.270.000

t.aoo.ooo

(11)

Technology .

28710

880.000

1*0.000

too 000

SUNTOTAL CURRENT EXPENOmjRE* (12) ASocabon tor Futuro Project! (CumutoSw Totals)

43100

2.000.000

(13)

Transfer to Rapab and naptioomont Fund

43100

(14)

Tranttor to Oanaral Fund Doaabtogallon

43100

1200.000

$.200,000

1.100.000

TOTAL EXPENDITURE* AND ALLOCATNMi

4S.2H.000

42800000

44.t7S.taO

SOURCE* AMD CaTWUTEa OP REVENUE: (1) January 1. Cash BNancs

11200000

11.821.000

14.100.000

Laos Encumbrancaa Carriad Farnaad boro Prowoua Year

(S.800.000)

(0,700.000)

(8.700.000)

(3)

a too ooo

aatioao

•.400.00$

(4)

Piaparty Tax Rawnua

arfiateo

$$.000,000

ii.aaoooo

(5)

Awo Exoaa. CVCT aab FIT Raaaipto

2 077 000 \

2*7*000

(•)

Othar (tnawaat tnewna)

• \

•

TOTAL FUNDS AVARABLE FOR PLAN (AM Mas 3.4.M)

t4S.2Sl.000 l 142,100.000/

*44 *70,000

ESTIMATED PROPERTY TAX RATE TO PUND PLAN

104914

v -te4*a*'

to 4*14

BASED UPON AN ASMMED VALUATION OP