July 24, 2008

NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES

NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND TAX LEVIES
Notice is hereby given to the taxpayers of Markle, Town of Markle, Indiana, that the Town Council of Markle, at the Town Hall on August 20, 2008, at 7:00 p.m. will conduct a public hearing on the budget. Following this meeting, any ten or more taxpayers may object to a budget tax rate, or tax levy by filing an objecting petition with the proper officers of the political subdivision within seven days after the hearing. The objecting petition must identify the provisions of the budget, tax rate or tax levy that taxpayers object to. If a petition is filed, the political subdivision shall adopt with its budget a finding concerning the objections filed and testimony presented. Following the aforementioned meeting, the fiscal body will meet at the Town Hall on September 17, 2008 at 7:00 p.m. to adopt the following budget.
BUDGET ESTIMATE
Complete details of budget estimates by fund and/or department may be seen at the Clerk Treasurer’s Offices.
Net Assessed Valuation $33,296,933
Fund   Budget   Max. Est.   Excessive   Current
Name   Estimate   Fund to   Levy   Tax
       be raised   Appeals   Levy
General   698,300.00   392,195.00   0   375,120.00
MVH   42,628.00   0   0   0
LRS   7,078.00   0   0   0
PD Cont Ed   1,326.00   0   0   0
Cum Cap Imp   8,093.00   0   0   0
Cum Cap Dev   30,000.00   14,546.00   0   10,802.00
CEDIT-Hgtn-Wells   154,762.00   0   0   0
Park Dept   27,200.00   13,975.00   0   14,209.00
Riverboat Wagerin   16,617.00   0   0   0
TOTAL   986,004.00   420,716.00   0   400,131.00
The 2009 estimated maximum levy limitation for this unit is 405,215.
The Property Tax Replacement Credit used to reduce the rate for this unit is 12,190.
Taxpayers appearing at the hearing shall have an opportunity to be heard. Pursuant to IC 6-1.1-17-13, after the tax levies have been determined, fixed by the appropriate governing body, and the tax rates published by the County Auditor, ten (10) or more taxpayers or more taxpayers or one (1) taxpayer that owns property that represents at least 10 percent (10%) of the taxable assessed valuation in the political subdivision may initiate an appeal from the county board of tax adjustment’s action on a political subdivision’s budget by filing a statement of their objections with the County Auditor. The statement must be filed not later than (10) days after the publication of the notice. The statement shall specifically identify the provisions of the budget and tax levy to which the taxpayers object. The County Auditor shall forward the statement, with the budget, to the Department of Local Government Finance.
Dated July 16, 2008
Carolyn Hamilton
Clerk-Treasurer
nb 7/24,31