Lake Township

Rick Piepho

County Clerk & Election Officer

800 N Main, PO Box 687, Newton, KS 67114

Fax: 316-284-6856

Lake Township
							2020
NOTICE OF BUDGET HEARING

The governing body of
Lake Township
Harvey County
will meet on July 31, 2019 at 6:30 PM at Lake Township Shop for the purpose of hearing and
answering objections of taxpayers relating to the proposed use of all funds and the amount of ad valorem tax.
Detailed budget information is available at Casey Rump's residence and will be available at this hearing.
BUDGET SUMMARY
Proposed Budget 2020 Expenditures and Amount of 2019 Ad Valorem Tax establish the maximum limits
of the 2020 budget. Estimated Tax Rate is subject to change depending on the final assessed valuation.

	Prior Year Actual 2018		Current Year Estimate 2019		Proposed Budget 2020
		Actual		Actual		Amount of 2019 Ad Valorem Tax	Est.
		Tax		Tax	Budget Authority		Tax
Fund	Expenditures	Rate*	Expenditures	Rate*	for Expenditures		Rate*
General	2,642	0.560	2,650	0.438	2,650	1,891	0.431
Road	80,318	18.756	110,740	18.664	121,290	76,004	17.333
Cemetery	1,500		6,500	0.195	6,500	6,436	1.468
Building	134,600

Special Machinery
Totals	219,060	19.316	119,890	19.297	130,440	84,331	19.232
Less: Transfers	0		0		0
Net Expenditure	219,060		119,890		130,440
Total Tax Levied	80,013		81,529		x
Assessed Valuation:
Township	4,142,668		4,225,193		4,384,893
Outstanding Indebtedness,
Jan 1	2017		2018		2019
G.O. Bonds	0		0		170,000
Lease Purchase Principal	0		0		0
Total	0		0		170,000
*Tax rates are expressed in mills.

Harlan Foraker
Trustee