Sarcoxie Township Board
2024 | |||||||
NOTICE OF HEARING TO EXCEED REVENUE NEUTRAL RATE AND BUDGET HEARING | |||||||
The governing body of | |||||||
Sarcoxie Township & Sarcoxie Fire District #4 | |||||||
Jefferson County | |||||||
will meet on August 16, 2023 at 7 p.m. at Sarcoxie South Fire Station, 2151 Union Road, Lawrence , for the purpose of hearing and | |||||||
answering objections of taxpayers relating to the proposed use of all funds, the amount of ad valorem tax and the revenue neutral rate. | |||||||
Detailed budget information is available at Jefferson County Clerk's Office and will be available at this hearing. | |||||||
BUDGET SUMMARY | |||||||
Proposed Budget 2024 Expenditures and Amount of 2023 Ad Valorem Tax establish the maximum limits | |||||||
of the 2024 budget. Estimated Tax Rate is subject to change depending on the final assessed valuation. | |||||||
Prior Year Actual 2022 | Current Year Estimate 2023 | Proposed Budget 2024 | |||||
Actual | Actual | Amount of 2023 Ad Valorem Tax | Proposed Estimated Tax Rate* | ||||
Tax | Tax | Budget Authority | |||||
Fund | Expenditures | Rate* | Expenditures | Rate* | for Expenditures | ||
Township General | 1,675 | 0.558 | 1,700 | 0.501 | 84,726 | 7,586 | 0.434 |
Fire General | 51,512 | 3.892 | 106,463 | 3.500 | 94,104 | 53,355 | 3.056 |
Totals | 53,187 | 4.450 | 108,163 | 4.001 | 178,830 | 60,941 | 3.490 |
Revenue Neutral Rate-Township General** | 0.437 | ||||||
Revenue Neutral Rate-Fire District** | 3.058 | ||||||
Less: Transfers | 0 | 0 | 0 | ||||
Net Expenditure | 53,187 | 108,163 | 178,830 | ||||
Total Tax Levied | 61,058 | 61,058 | xxxxxxxxxxxxxxx | ||||
Assessed Valuation: | |||||||
Township General | 13,724,705 | 15,258,143 | 17,461,557 | ||||
Fire District | 13,724,705 | 15,258,143 | 17,461,557 | ||||
Outstanding Indebtedness, | |||||||
Jan 1 | 2021 | 2022 | 2023 | ||||
G.O. Bonds | 0 | 0 | 0 | ||||
Other | 0 | 0 | 0 | ||||
Lease Purchase Principal | 0 | 0 | 0 | ||||
Total | 0 | 0 | 0 | ||||
*Tax rates are expressed in mills. | |||||||
**Revenue Neutral Rate as defined by KSA 79-2988 | |||||||
Roberta Renz, Township Treasurer | |||||||