New Carlisle - Olive Township Public Library
Library Capital Projects Fund
2007-2009
| Current Expenditures | 2007 | 2008 | 2009 | ||
| 1 Planned construction, repair, replacement or remodeling | $0.00 | $0.00 | $0.00 | ||
| 2. Acquisition of real property | $0.00 | $0.00 | $0.00 | ||
| 3. Site Development | $0.00 | $0.00 | $0.00 | ||
| 4. Emergency Allocation | $0.00 | $0.00 | $0.00 | ||
| 5. Purchase, lease, repair, and maintenance of equipment | $28,638.06 | $28,591.00 | $28,524.50 | ||
| 6. Purchase, lease, repair and maintenance of computer | $100,000.00 | $26,563.82 | $26,898.00 | ||
| hardware and computer software | |||||
| SUBTOTAL CURRENT EXPENDITURES | $128,638.06 | $55,154.82 | $55,422.50 | ||
| 7. Allocation for future projects | $15,798.82 | $16,000.00 | $16,000.00 | ||
| TOTAL EXPENDITURES AND ALLOCATIONS | $144,436.88 | $71,154.82 | $71,422.50 | ||
| (1) January 1, Cash balance (for each year of plan)* | $89,093.00 | $15,798.82 | $16,000.00 | ||
| (2) Less encumbered appropriations | $0.00 | $0.00 | $0.00 | ||
| (3) Cash balance available for curent plan [(1) minus (2)] | $89,093.00 | $15,798.82 | $16,000.00 | ||
| (4) Plus property tax revenue | $49,729.88 | $49,742.00 | $49,808.50 | ||
| (5) Plus Auto excise, CVET and Financial Institutions Tax receipts | $1,500.00 | $1,500.00 | $1,500.00 | ||
| (6) Plus other revenue | $4,114.00 | $4,114.00 | $4,114.00 | ||
| TOTAL FUNDS AVAILABLE FOR PLAN | $144,436.88 | $71,154.82 | $71,422.50 | ||
| Based upon an anticipated assessed valuation of | $373,908,880.00 | $374,000,000.00 | $374,500,000.00 | ||
| The Projected tax rate for the Library Capital Projects fund will be. | $0.0133 | $0.0133 | $0.0133 | ||
| * The estimated 2007 cash is different than the 2006 allocation for future projects as submitted last year because the actual 01/01/06 cash balance was $88,749 rather than $10,978. | |||||