sid# 442 state of nebraska sid budget form to the … · and review services (ssars) promulgated by...

2017-2018 STATE OF NEBRASKA

SID BUDGET FORM

SID# 442

TO THE COUNTY BOARD AND COUNTY CLERK OF

Douglas County

This budget is for the Period JULY 1, 2017 through JUNE 30, 2018

Upon Filing, The Entity Certifies the Information Submitted on this Form to be Correct:

The following PERSONAL AND REAL PROPERTY TAX is requested for the ensuing year:

$

$

$

$

$

$

86,096.78

125,455.31

211 ,552.09

Property Taxes for Non-Bonds

Principal and Interest on Bonds

Total Personal and Real Property Tax Required

Outstanding Registered Warrants/Bonded Indebtedness as of JULY 1, 2017

1,370,000.00 Principal

440,420.00 Interest

1,810,420.00 Total Bonded Indebtedness

$ I 24,599,080 I Total Certified Valuation (All Counties)

My Subdivision has elected to use this Budget Document as the Audit Waiver.

DYES [!]No (If YES, Board Minutes MUST be Attached)

If YES, Page 2, Column 2 MUST contain ACTUAL Numbers. If YES, DO NOT COMPLETE/SUBMIT SEPARATE AUDIT WAIVER REQUEST.

D YES, SID is Less than 5 Years Old; Therefore, Lid and Levy Limit DO NOT APPLY

Date SID was formed:

Report of Joint Public Agency & lnterlocal Agreements (Certification of Valuation(s) from County Assessor MUST be attached) Was this Subdivision involved in any lnterlocal Agreements or Joint Public

County Clerk's Use Only Agencies for the reporting period of July 1, 2016 through June 30, 2017?

APA Contact Information

Auditor of Public Accounts State Capitol, Suite 2303

Lincoln, NE 68509

Telephone: (402) 471-2111 FAX: (402) 471-3301

Website: www.auditors.nebraska.gov

Questions - E-Mail: [email protected]

"No Assurance Is Provided"

DYES [X] NO If YES , Please submit lnterfocal Agreement Report by December 31, 2017.

Report of Trade Names, Corporate Names & Business Names Did the Subdivision operate under a separate Trade Name, Corporate Name, or other Business Name during the period of July 1, 2016 through June 30, 2017?

DYES [i] NO If YES, Please submit Trade Name Report by December 31, 2017.

Submission Information

Budget Due by 9-20-2017 Submit budget to:

1. Auditor of Public Accounts -Electronically on Website or Mail

2. County Board (SEC. 13-508), C/0 County Clerk

CERTIFICATION OF TAXABLE VALUE And VALUE ATTRIBUTABLE TO GROWTH

TAX YEAR 2017

TO: Whom it May Concern

TAXABLE VALUE LOCATED IN THE COUNTY OF DOUGLAS

Name of Subdivision *2017 Value 2017 Total Political Subdivision Type Attributable to Growth Taxable Value

442 SID $660 $24,599,080

* Va lue attri butable to growth is determined pursuant to section 13-518 which includes real and personal property and annexation, if app licable .

Pursuant to section 13-509, I Diane L. Battiato, CPO, Douglas County Assessor/Register of Deeds hereby certifies that the valuation listed herein is, to the best of my knowledge and belief, the true and accurate taxable valuation for the current year.

CC: County Clerk, Douglas County

August 20, 2017 Date

Note to political subdivision: A copy of the certification of Value must be attached to budget document.

Form provided by the State of Nebraska Department of Property Assessment & Taxation, 2010

EXTRACT OF MINUTES OF BUDGET HEARING AND SPECIAL PUBLIC HEARING

TO ADOPT BUDGET AND SET FINAL TAX REQUEST

SANITARY AND IMPROVEMENT DISTRICT NO. 442 OF DOUGLAS COUNTY, NEBRASKA

The Chairman then presented the proposed budget of the District and advised that the

Budget Summary had been published in The Daily Record, a legal newspaper of Douglas

County, Nebraska, on September 6, 2017, a copy of the Proof of Publication being attached to

these minutes.

The Chairman then advised that no property owners in the District appeared at this

hearing on the proposed budget and Budget Summary to offer support, opposition, criticism,

suggestions or observations concerning the proposed budget. The Chairman noted that the

budget complies with the current provisions of the Nebraska Lid Law, and that the property taxes

for the General Fund and Bond Fund are as follows:

General Fund $ 86,096.78 - $0.35000 Bond Fund $122,995.40 - $0.51000 Total $211,552.09 - $0.86000

The Chairman further stated that the Board is required to hold a separate Special Public

Hearing in order to set the 2017 /18 Property Tax Request at an amount which is different from

the prior year's tax request, and that the District has until October 13 to file with the County

Clerk a resolution setting a tax request different from the prior year. The District must also

publish notice of the Special Public Hearing reflecting the date and time for said Special Public

Hearing, and the Chairman noted that such notice had been published as reflected in the Proof of

Publication attached hereto.

The Chairman then advised that the meeting was now open for a Special Public Hearing

on the issue of setting the Property Tax Request at an amount different from the prior year's

request as required by Neb. Rev. Stat. §77-1601.02. The Chairman advised that no one appeared

in opposition. Following discussion, the Chairman then declared the public hearing on the

budget and the Special Public Hearing to be closed, whereupon, a motion was duly made,

seconded and the following resolutions passed:

BE IT RESOLVED by the Board of Trustees of Sanitary and Improvement District No. 442 of Douglas County, Nebraska that the budget be and hereby is adopted as proposed; and

BE IT FURTHER RESOLVED that the 2017/18 Property Tax Request for the General Fund and Bond Fund be set as follows:

General Fund $ 86,096.78 - $0.35000 Bond Fund $122,995.40 - $0.51000 Total $211,552.09 - $0.86000

BE IT FURTHER RESOLVED that the Clerk be and hereby is authorized and directed on behalf of the District to file or cause to be filed a copy of the Budget and Property Tax Request as adopted by the Board of Trustees with the County Clerk and Auditor of Public Accounts on or before September 20, 2017.

Then, upon, a motion duly made, seconded and unanimously adopted, the Chairman

declared the above resolutions duly carried and adopted.

The undersigned hereby certifies that he is the duly elected, qualified and acting Clerk of

Sanitary and Improvement District No. 442 of Douglas County, Nebraska, and that the foregoing

extract is a full, true and complete copy of that portion of the minutes as it claims to be and that

the foregoing resolutions have been spread upon the minutes of the District.

Dated this 14th day of September 2017

Clerk

THE DAILY RECORD OF OMAHA

LYNDA K. HENNINGSEN, Publisher

PROOF OF PUBLICATION

UNITED STATES OF AMERICA, } The State of Neb1"88ka, 88•

District of Nebraska, County of Douglas,

City of Omaha,

J.BOYD being duly sworn, depc,11ee and aaya that ahe la

LEGAL EDITOR

of THE DAILY RECORD, of Omaha, a legal newspaper, printed and publiahed daily in the English Ianguaee, having a bona fide paid circulation in Douglas County in esceas of 300 copiee, printed in Omaha, in said County of Douglas, for more than fifty-two week& lut past; that the printed notice hereto attached was pubU.hed in THE

DAil,Y RECORD, of Omaha, on..,....,,·....,..,,,-------------September 6, 2017

That said Newspaper during that time wa,-,,i"ll.illdl' ..&-.J.n.pwu1LAciJ:JWlilW!11D.lUUilU:,COW1ty of Do

:v NOTARY • State of Neilraska r. -M r,rr, !id

fUUENKAMP, DOYU •JOHUN, LLP ATTORNEYS

11440 WEST CENTEt ROAD OMAHA, NEBRASKA 68144

Sllnttary and Improvenwrt Dlltrtct • 442 IN

OouglH County, Nabraslca

NOTICE OF BUDGET HEARING AND BUDGET SUMMARY AND NOTICE OF MEETING

PUBUC NOTICE is hereby given, In mnpllance wilh the provisions of State Statute Sections 13-501 to 13·513, that the governing body will meet on the 14th day of September 2017, at 11:30 o'dock A.H., at 11440 West Center Road, Omilha, Nebraska, for the purpose of hearing support. opposition, crttlclsm, suggestions or observations of taxpayers relating to the following proposed budget. The budget detail and the agenda for this meeting. kept continuously current, which Includes payment of bills of the Disbict, are available for public inspection at the office of the Cleril at 11440 West Center Road, Omaha, Nebraska during regular business hours, which meeting will be ol":" to the pub11c.

2015-2016 Actual Disbursements&. Transfffl 2016-2017 Actual Disbursements&. Transfffl 2017-2018 Proposed Budget of Disbursements &. Transfers 2017·2018 Necessary cash Reser,e 2017-2018 Total Resources Available Total 2017·2018 Personal&. Real Property Tax Requirement Unused Budget ~ Created for Next Year

Ir I 1 •n of Property Tax: Pll'lanal and Real Property Tax Required for Non-Bond Purposes Pll'lanal and Real Property Tax Required for Bonds

NOTICE OF SPECIAL HEARING TO SET FINAL TAX REQUEST

$ $ $ $ $ $ $

$ $

Curt Benson Clert/SeOetary

232,422.28 282,463.03 342,950.00

51,440.87 394,390.87 211,552.09 196,479.23

86,096.78 125,455.31

Pia.IC NOTICE Is hereby gt,,en, In camplance with the provisions ot State Statute Section 77·1601.02, that the goyemtng body wiH meet on the 14'11 day of leplamber 2017, at 11:45 o'clock A.M., at 11440 West. Center Road, Omaha, Nebraska, for the purpose ot hearing suppo,t, CIIIPOlllb\ otlldsm, suggestions or observations of taxpayers relating to settinO the final tax request at I different amount than the prior yeer tu request.

2016-2017 Property Tax Request 2016Tax Rate l'IOperty Tax Rate (2016-2017 Request/2017 Valuation) 2017·2018 Proposed Property Tax Request Proposed 2017 Tax Rate

9-6-17

$ 208,011.81 0.860000 0.845608

$ 211,552.09 0.860000

-------day of _1b_er ___ ..J_7 _

lllld for Doa,lu Co~ ofNebruka

Lengemann &Associates, P.c. Certified Public Accountants

www.lengemanncpa.com

INDEPENDENT ACCOUNTANT'S COMPILATION REPORT

Board of Trustees Sanitary and Improvement District No. 442 of Douglas County, Nebraska

Management is responsible for the accompanying budget form for Sanitary and Improvement District No. 442 of Douglas County, Nebraska for the years ended June 30, 2016 and 2017 (Actual) and the year ending June 30, 2018 (Budgetary) as prescribed by the Nebraska Auditor of Public Accounts and includes two columns of historical data and one column of prospective data in accordance with the Budgetary Basis. We have performed a compilation engagement in accordance with Statements on Standards for Accounting and Review Services (SSARS) promulgated by the Accounting and Review Services Committee of the AICPA and complies with the AICPA's Code of Professional Conduct, including the ethical principles of integrity, objectivity, professional competence and due care.

The financial statements are prepared in accordance with the budgetary basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America.

We did not audit or review the historical financial statements included in the accompanying prescribed form and were not required to, and did not, verify the accuracy or completeness of the information you provided to us for the engagement. Accordingly, we do not express an opinion, a conclusion or provide any assurance on the financial statements.

A compilation is limited to presenting in form of a forecast, information that is a representation of the Board of the District and does not include evaluation of the support for the assumptions underlying the forecast information. We have not examined the budget form and supporting schedules, and accordingly, do not express an opinion or any other form of assurance on the accompanying budget form and supporting schedules, or the reasonableness of the underlying assumptions. Furthermore, there will be differences between the forecasted and actual results, because events and circumstances frequently do not occur as expected, and those differences may be material. We have no responsibility to update our report for events and circumstances occurring after the date of this report.

LENGEMANN & ASSOCIATES, P.C.

L~~& A~J P.G.

Omaha, Nebraska August 21, 2017

141 O Gold Coast Road, Suite 600 Papillion, Nebraska 68046

Phone: (402) 592-1236 Fax: ( 402) 592-1424

E-Mail: [email protected]

SID# 442 in Douglas County

Line No.

TOTAL ALL FUNDS

1 Beginning Balances, Receipts, & Transfers:

2 Net Cash Balance

3 Investments

4 County Treasurer's Balance

5 Subtotal of Beginning Balances (Lines 2 thru 4)

6 Personal and Real Property Taxes (Columns 1 and 2-See Preparation Guidelines)

7 Federal Receipts

8 State Receipts: Motor Vehicle Pro-Rate

9 State Receipts: State Aid

10 I State Receip_ts: Other

11 I State Receip_ts: Property Tax Credit

12 ILocal Receipts: Namep_late Capacity Tax

13 I Local Receip_ts: In Lieu of Tax

14 I Local Receip_ts: Other

15 I Transfers In Of Surp_lus Fees

16 I Transfer In Other Than Surplus Fees (Should agree to Line 28)

17 Total Resources Available (Lines s thru 16)

18 Disbursements & Transfers:

19 IOperatina Exp_enses

20 I Capital Improvements (Real Property/Improvements

21 I Other Capital Outlay (Equipment, Vehicles, Etc.)

22 I Debt Service: Bond Princip_al & Interest Payments

23 I Debt Service: Payments to Retire Interest-Free Loans (Public Airports)

24 I Debt Service: Payments to Bank Loans & Other Instruments (Fire Districts)

25 I Debt Service: Other

26 IJudaments

27 !Transfers Out of Surplus Fees

28 ITransfers Out Other Than Surp_lus Fees (Should aaree to Line 16

29 I Total Disbursements & Transfers (Lines 19 thru 28)

30 I Balance Forward/Cash Reserve (Line 11 - Line 29)

31 Cash Reserve P

PROPERTY TAX RECAP "No Assurance Is Provided"

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

Actual 2015- 2016

--···-

-

-

216,401 .08

216,401.08

200,274.34

-

$

$

$

$

$

$

Actual 2016 - 2017

------- -----

-

-

256,362.97

256,362.97

202,197.53

$

$

$

$

$

--- - - - -- -------

508.97 I$ 532.27 $

7,412.38 I$ $

$

64,081 .38 I $

$

$

4Ss,1ss.2s I $

51,490.11 I $

52,315.86 I $

$

128,616.25 I$

$

$

$

$

232,422.28 $

256,362.97 $

Tax from Line 6

County Treasurer's Commission at 2% of Line 6

Total Property Tax Requirement

$

$

134.81 I$ $

$

467,849.89 I $

62,012.16 I $

23,989.89 I $

$

132,430.00 I $ :::'.\~(:'.\::::::::::\

64,030.38 ! $

! $

282,463.03 $

185,386.86 $

$

$

$

Adopted Budget 2017 - 2018

185,386.86

185,386.86

207,404.01

500.00

100.00

394,390.87

112,000.00

25,000.00

205,950.00

~

342,950.00

51,440.87 16o/c

207,404.01

4 ,148.08

211 ,552.09

Page 2


To Assist the County For Levy Setting Purposes

The Cover Page identifies the Property Tax Request between Principal & Interest on Bonds and All Other Purposes. If your SID needs more of a breakdown for levy setting purposes, complete the section below.

Property Tax Request by Fund: Property Tax Request

General Fund $ 86,096.78

Bond Fund $ 125,455.31

Total Tax Request ** $ 211 ,552.09

** This Amount should agree to the Total Personal and Real Property Tax Required on the Cover Page (Page 1 ).

Cash Reserve Funds Statute 13-503 says cash reseNe means funds required for the period before revenue would become available for expenditure but shall not include funds held in any special reseNe fund . If the cash reseNe on Page 2 exceeds 50%, you can list below funds being held in a special reseNe fund .

Sgecial ReseNe Fund Name

Total Special ReseNe Funds

Total Cash ReseNe

Remaining Cash ReseNe

Remaining Cash ReseNe %


Amount

$

$

$

51 ,440.87

51 ,440.87

0.161789181

I I

Documentation of Transfers:

(Only complete if there are transfers noted on Page 2, Column 2)

Please explain what fund the monies were transferred from , what fund they were transferred to, and the reason for the transfer.

Transfer From: T ransfer To:

Amount: $

[ Transfer From: Transfer To:

Amount: $ Reason:

Transfer From: Transfer To:

Amount: $ Reason:

Page 2-A

CORRESPONDENCE INFORMATION

ENTITY OFFICIAL ADDRESS

If no official address, please provide address where correspondence should be sent

NAME Fullenkamp, Doyle & Jobeun

ADDREss 11440 W Center Road

c11Y & z1P coDE Omaha, NE 68144 TELEPHONE (402) 334-0700

WEBSITE

BOARD CHAIRPERSON CLERK/TREASURER/SUPERINTENDENT/OTHER

NAME Keith Froscheiser John Fullenkamp, Attorney for District

TITLE /FIRM NAME Chairperson --'--------------- Fullenkamp, Doyle & Jobeun

TELEPHONE (402) 334-0700 ....;..___;_ ___________ _ (402) 334-0700

EMAIL ADDRESS [email protected]

For Questions on this form, who should we contact (please v one): Contact will be via email if supplied.

DBoard Chairperson

Oclerk /Treasurer/ Superintendent/ Other

[!]Preparer

PREPARER

John Winter

Lengemann & Associates, P.C.

(402) 592-1236

thefi rm@lengemanncpa .com

NOTE: If Budget Document is used as an Audit Waiver, approval of the Audit Waiver will be sent to the Board Chairperson via email. If no email

address is supplied for the Board Chairperson, notification will be mailed via post office to address listed above.

"No Assurance Is Provided" Page 3


2017-2018 LID SUPPORTING SCHEDULE

Calculation of Restricted Funds

Total Personal and Real Property Tax Requirements

Motor Vehicle Pro-Rate

In-Lieu of Tax Payments

Transfers of Surplus Fees

Prior Year Budgeted Capital Improvements that were excluded from Restricted Funds.

Prior Year Capital Improvements Excluded from Restricted Funds (From 2016-2017 Lid Exceptions, Line (10)) $

LESS: Amount Spent During 2016-2017 $

LESS: Amount Expected to be Spent in Future Budget Years $

Amount to be included as Restricted Funds (Cannot be a Negative Number)

Nameplate Capacity Tax

TOTALREST~CTEDFUNDS(A)

Lid Exceptions

Capital Improvements (Real Property and Improvements on Real Property)

LESS: Amount of prior year capital improvements that were excluded from previous lid calculations but were not spent and now budgeted this fiscal year (cannot exclude same capital improvements from more than one lid calculation.) Agrees to Line (7). $

Allowable Capital Improvements

Bonded Indebtedness

Publ ic Facilities Construction Projects (Statutes 72-2301 to 72-2308)

lnterlocal Agreements/Joint Public Agency Agreements

Judgments

Refund of Property Taxes to Taxpayers

Repairs to Infrastructure Damaged by a Natural Disaster

TOTAL LID EXCEPTIONS (8)

TOT AL RESTRICTED FUNDS For Lid Computation (To Line 9 of the Lid Computation Form)

To Calculate: Total Restricted Funds (A)-Line 9 MINUS Total Lid Exceptions (B)-Line 19

( 1) $ 211 ,552.09

(2) $ 500.00

(3) $

(4) $

(5)

(6)

(7)

(8) $

(8a) $

(9) $ 212,052.09

(10)

( 11)

(12) $

(13) $ 125,755.31

(14)

(15)

(16)

(17)

(18)

(19) $ 125,755.31

$ 86,296.78

Total Restricted Funds for Lid Computation cannot be less than zero. See Instruction Manual on completing the Lid Supporting Schedule.

"No Assurance Is Provided" Page 4

SID # 442 in Douglas County

I COMPUTATION OF LIMIT FOR FISCAL YEAR 2017-2018

PRIOR YEAR RESTRICTED FUNDS AUTHORITY OPTION 1 OR OPTION 2

OPTION 1

2016-2017 Restricted Funds Authority= Line (8) from last year's Lid Computation Form 275,879.03 Option 1 - (1)

OPTION 2 - Only use if a vote was taken last year at a townha/1 meeting to exceed Lid for one year

Line (1 ) of 2016-2017 Lid Computation Form

Allowable Percent Increase Less Vote Taken (From 2016-2017 Lid Computation Form Line (6) - Line (5))

Dollar Amount of Allowable Increase Excluding the vote taken Line (A) X Line (8)

Calculated 2016-2017 Restricted Funds Authority (Base Amount)= Line (A) Plus Line (C)

ALLOWABLE INCREASES

DJ BASE LIMITATION PERCENT INCREASE (2.5%)

[I) ALLOWABLE GROWTH PER THE ASSESSOR MINUS 2.5%

660.00 I 24,187,420.00 = 0.00 % 2017 Growth per Assessor

2016 Valuation Multiply times 100 To get%

[I) ADDITIONAL ONE PERCENT BOARD APPROVED INCREASE

# of Board Members voting "Yes" for

Increase

Total # of Members in Governing Body

(Attending & Absent)

= Must be at least .75 (75%) of the Governing Body

ATTACH A COPY OF THE BOARD MINUTES APPROVING THE INCREASE.

r:l SPECIAL ELECTION/TOWNHALL MEETING - VOTER l.J APPROVED % INCREASE

%

Option 2 - (A)

% Option 2 - (B)

Option 2 - (C)

2.50 % (2)

% (3)

% (4)

% (5)

Please Attach Ballot Sample and Election Results OR Record of Action From Townhall Meeting


Option 2 - (1)

Page 5

SID # 442 in Douglas County

TOTAL ALLOWABLE PERCENT INCREASE= Line (2) + Line (3) + Line (4) + Line (5)

Allowable Dollar Amount of Increase to Restricted Funds= Line (1) x Line (6)

Total Restricted Funds Authority= Line (1) + Line (7)

Less: Restricted Funds from Lid Supporting Schedule

Total Unused Restricted Funds Authority= Line (8) - Line (9)

LINE (10) MUST BE GREATER THAN OR EQUAL TO ZERO OR YOU ARE IN VIOLATION OF THE LID LAW.

THE AMOUNT OF UNUSED RESTRICTED FUNDS AUTHORITY ON UNE (10)

MUST BE PUBUSHED IN THE NOTICE OF BUDGET HEARING.


2.50 % (6)

6,896.98 (7)

282,776.01 (8)

86,296.78 (9)

196,479.23 (1 0)

Page 6

2017-2018 Levy Limit Form Sanitary and Improvement Districts


Total Personal and Real Property Tax Request

ACKNOWLEDGMENT OF RECEIPT OF NOTICE OF MEETING

$ 211 ,552.09 (1)

The undersigned Trustees of Sanitary and Improvement District No. 442 of Douglas County, Nebraska do hereby acknowledge receipt of advance notice of a meeting of the Board of Trustees of said District and the agenda for such meeting held at 11 :30 A.M. on September 14, 2017 at 11440 West Center Road, Omaha, Nebraska.

DA TED this 14th day of September 2017

Sanitary and Improvement District# 442 IN

Douglas County, Nebraska

NOTICE OF BUDGET HEARING AND BUDGET SUMMARY

PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Sections 13-501 to 13-513, that the governing body will meet on the ___ day of--------2017, at o'clock ___ , at for the purpose of hearing support, opposition, criticism, suggestions or observations of taxpayers relating to the following proposed budget. The budget detail is available at the office of the Clerk during regular business hours.

ai c

Common Questions

How many days must the notice be published prior to the meeting? Notice must be published 4 days prior to hearing date. State Statute 13-506 states "For purposes of such notice, the four calendar days shall include the day of publication but not the day of hearing.

My notice did not get printed, now what do I do? If for some reason your notice does not get printed, you are still required to publish and hold another hearing. The 4 day rule still applies. If there is not time to publish and hold meeting prior to the September 20 deadline, your budget will be late and you need to submit as soon as possible.

~ The Board approved a budget different than what was published?

---------------------------------- (=. If the Board approves a budget at the meeting that is different than the published information, you must publish a summary - of the changes within 20 days after the date the budget is adopted. File your budget timely, and submit publication of Clerk/Secretary

2015-2016 Actual Disbursements & Transfers $ 232,422.28

2016-2017 Actual Disbursements & Transfers $ 282,463.03

2017-2018 Proposed Budget of Disbursements & Transfers $ 342,950.00

2017-2018 Necessary Cash Reserve $ 51,440.87

2017-2018 Total Resources Available $ 394,390.87

Total 2017-2018 Personal & Real Property Tax Requirement $ 211 ,552.09

Unused Budget Authority Created For Next Year $ 196,479.23

Breakdown ot Property Tax:

Personal and Real Property Tax Required for Non-Bond Purposes $ 86,096.78

Personal and Real Property Tax Required for Bonds $ 125,455.31

NOTICE OF SPECIAL HEARING TO SET FINAL TAX REQUEST

PUBLIC NOTICE is hereby given, in compliance with the provisions of State Statute Section 77-1601 .02, that the governing body will meet on the ___ day of 2017, at ____ o'clock ___ , at for the purpose of hearing support, opposition, criticism, suggestions or observations of taxpayers relating to setting the final tax request at a different amount than the prior year tax request.

2016-2017 Property Tax Request

2016 Tax Rate

Property Tax Rate (2016-2017 RequesU2017 Valuation)

2017-2018 Proposed Property Tax Request

Proposed 2017 Tax Rate


$ 208,011 .81

0.860000

0.845608

$ 211,552.09

0.860000

Ol C 'o C Ql

summary of changes once that has been published.

~ Found a calculation error in the budget after it was adopted, now what?

Q It has been less than 30 days since adoption of the budget: ~ If the total amount budgeted changes by less than 1 % and the property taxes do not increase, you can correct the forms ~ and submit a new version to the Auditor, and County Cleric You are not required to hold a hearing or publish the change. I :i::

~ It has been more than 30 days since adoption of the budget: ::, u

You must follow the procedures of amending the budget that are found in Statute 13-511. This includes holding a hearing, publication and then filing the new forms with Auditor, and County Cieri<.

The County Assessor changes the certified valuation after the budget and tax request has been adopted.

The change causes the Jew to exceed the few limit.

The budget will need to be amended to reduce the property taxes so that the levy limit is not exceeded. Hearing and publication will depend on if it has been less than 30 days after adoption and if total amount budgeted changes by less than 1%.

The change causes the few to be reduced The County Board is responsible to set the levy based on the property tax request amount and the valuation, so a change to the valuation will change the levy set, but will not change the amount collected in taxes. Therefore, the budget will not

' need to be amended.

-NONE-

REPORT OF JOINT PUBLIC AGENCY AND INTERLOCAL AGREEMENTS REPORTING PERIOD J~LY 1, 2016 THROUGH JUNE 30, 2017

442 Douglas

SUBDIVISION NAME

Parties to Agreement (Column 1)

Agreement Period (Column 2)

COUNTY

Description (Column 3)

Total Amount used as Lid Exemption

Amount Used as Lid Exemption (Column 4)

$


REPORT OF TRADE NAMES, CORPORA TE NAMES, BUSINESS NAMES REPORTING PERIOD JULY 1, 2016 THROUGH JUNE 30, 2017

442 Douglas SUBDIVISION NAME COUNTY

List all Trade Names, Corporate Names and Business Names under which the political subdivision conducted business.

* Copy page as necessary to list ALL Agreements. "No Assurance Is Provided"

None

4-30-2014

SID WORKSHEET

2017-2018 ADOPTED BUDGET I General Fund Bond Fund Fund Fund TOTAL FOR

Line ALL FUNDS No.

Beginning Balances, Receipts, & Transfers :

2 Net Cash Balance $ - $ - $

3 Investments $ - $ - $

4 County Treasurer's Balance $ 52 ,933.32 $ 132,453.54 $ 185,386.86

5 Subtotal of Beginning Balances (Lines 2 thru 4) $ 52 ,933.32 $ 132,453.54 $ - $ - $ 185,386.86

6 Personal and Real Property Taxes $ 84,408.61 $ 122,995.40 $ 207,404 .01

7 Federal Receipts $ - $ - $

8 State Receipts: Motor Vehicle Pro-Rate (To LC-3 Supporting Schedule) $ 200.00 $ 300.00

9 State Receipts: State Aid (To LC-3 Supporting Schedule)

10 State Receipts: Other

11 State Receipts: Property Tax Credit

12 Local Receipts: Nameplate Capacity Tax $ - $ - $

13 Local Receipts: In Lieu of Tax (To LC-3 Supporting Schedule) $ - $ - $

14 Local Receipts: Other $ 50.00 $ 50 .00 $ 1 DO.OD

15 Transfers In Of Surplus Fees (To LC-3 Supporting Schedule) $ - $ - $

16 Transfers In Other Than Surplus Fees $ - $ - $

17 Total Resources Available (Lines s to 14) $ 138,091 .93 $ 256,298.94 $ - $ - $ 394,390.87 '.•:•:•:•:•:•'.•'.•'. '.•'.•'.•'.•'.•'.•'.•:•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'. '.•'.•'.•"•'.• '.•'.•'.•'.•'.•'.•'. '.•"•'.•'.•'.•'.•'.•'.•'.•'.•'.•'. '.·'.·'.·'.·'.·'·'.·'.·'.·'. '.·'.·'.·'.·'. '.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.•'.-'.·'.·'.·'.·'.· '.·'.· ·'.·'.·'.·'. :.:-:.:.:-:-: '.·'. '.•'.•'.•'.•'.-'.•'. '.•'.•'. '.•'.•'.•'.•'.-'.•'.•'.•'.•'.•'.•'.-'.•'.•'. '.•'.•'.•"-'. "•'.•'.······ ········································.·.•.•,•,•.·,·. .•.•.·.·.·-·-·-·.·.•.·, .•,•, .·.·.•.·.• .. •.•.•,•,•,•,•,•,•,•,


19 Operating Expenses $ 104,000.00 $ 8,000.00 $ 112,000.00

20 Capital Improvements (Real Property/Improvements) $ - $ 25,000.00 $ 25,000.00

21 Other Capital Outlay (Eauipment, Vehicles, Etc.) $ - $ - $

22 DebtS1

23 Debt Service: Pymts to Retire Interest-Free Loans (Public Airports)

24 Debt Service: Pymts to Retire Bank Loans & Other Instruments (Fire rnst.)

25 Debt Service: Other $ - $ - $

26 Judaments $ - $ - $

27 Transfers Out of Surplus Fees $ - $ - $

28 Transfers Out Other Than Surplus Fees $ - $ - $

29 Total Disbursements & Transfers (Lines 19 thru 28) $ 104,000.00 $ 238,950.00 $ - $ - $ 342,950.00

30 Cash Reserve (Line 17 - Line 29) $ 34,091 .93 $ 17,348.94 $ - $ - $ 51,440.87

PROPERTY TAX RECAP

Tax from Line 6 $ 84,408.61 $ 122,995.40 $ - $ - $ 207,404.01

County Treasurer's Commission at 2 % of Line 6 $ 1,688.17 $ 2,459.91 $ - $ - $ 4,148.08

Total Property Tax Requirement (To LC-3 Supporting Schedule) $ 86,096.78 $ 125,455.31 $ - $ - $ 211 ,552 .09


SID FORM WORKSHEET

2016-2017 ACTUAL I General Fund I Bond Fund I Fund I Fund I TOTAL FOR Lii ALL FUNDS

No.

Beginning Balances, Receiets, & Transfers:

2 Net Cash Balance $ - $ - $

3 Investments $ - $ - $

4 County Treasurer's Balance $ 83,278.68 $ 173,084.29 $ 256,362.97

5 Subtotal of Beginning Balances (Lines 2 thru 4) $ 83,278.68 $ 173,084.29 $ - $ - $ 256,362.97

6 Personal and Real Property Taxes (See Preparation Guidelines) $ 82,289.75 $ 119,907.78 $ 202,197.53

7 Federal Receipts $ - $ - $

8 State Receipts: Motor Vehicle Pro-Rate $ 207.14 $ 301 .83 $ 508.97


10 State Receipts : Other $ 693.77 $ 1,010.89 $ 1,704.66

11 State Receipts : Property Tax Credit $ 2,824.80 $ 4,116.15 $ 6,940.95

12 Local Receipts : Nameplate Capacity Tax $ - $ - $

13 Local Receipts: In Lieu of Tax $ - $ - $

14 Local Receipts: Other $ 54.86 $ 79.95 $ 134.81

15 Transfers In Of Surplus Fees $ - $ - $

16 Transfers In Other Than Surplus Fees $ - $ - $

17 Total Resources Available (Lines s thru 16) $ 169,349.00 $ 298,500.89 $ - $ - $ 467,849.89


19 Operatinq Expenses $ 52,780.84 $ 9,231 .92 $ 62,012.76

20 Capital Improvements (Real Property/Improvements) $ 23,989.89 $ - $ 23,989.89

21 Other Capital Outlay (Equipment, Vehicles, Etc.) $ - $ - $

22 Debt Service: Bond Principal & Interest Payments $ - $ 132,430.00 $ 132,430.00

23 Debt Service: Pymts to Retire Interest-Free Loans (Public Airports) /illlllillf f tlt/1/tfllf 11f f)\\I 24 Debt Service: Pymts to Retire Bank Loans & Other Instruments (Fire Dist) ;:tii'.:;~;:;:;t::t~:::;::=:;:;:/;~;;;:;:==j:==::::;:L~II~i\.

25 Debt Service: Other $ 39,644.95 $ 24,385.43 $ 64,030.38

26 Judgments $ - $ - $

27 Transfers Out of Surplus Fees $ - $ - $

28 Transfers Out Other Than Surplus Fees $ - $ - $

29 Total Disbursements & Transfers (Lines 19 thru 28) $ 116,415.68 $ 166,047.35 $ - $ - $ 282,463.03

30 Balance Forward (Line 17 - Line 29) $ 52,933.32 $ 132,453.54 $ - $ - $ 185,386.86


Line No.

2015-2016 ACTUAL

1 IBe Balances, Receipts, & Transfers:

2 I Net Cash Balance

3 I Investments

4

5

6 Taxes (See Preparation Guidelines

7

8

9

10

11

12 Tax

13

14 I Local Receipts : Other

15 I Transfers In Of Surplus Fees

16 ITransfers In Other Than Surplus Fees

17 I Total Resources Available (Lines s thru 16)

18 IDisbursements & Transfers:

20

21

22

23 Debt Service: P mts to Retire Interest-Free Loans (Public Airports)

24 Debt Service: P mts to Retire Bank Loans & Other Instruments (Fire Dist)

25 Debt Service: Other

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

$

261Judqmen~ I$

27 I Transfers Out of Surplus Fees $

28 ITransfers Out Other Than Surplus Fees ! 29 ITotal Disbursements & Transfers (Lines 19 thru 28) $

30 I Balance Forward (Line 17 - Line 29) $


SID WORKSHEET

General Fund Bond Fund Fund ----- ----

- $

- $

28,845.43 $ 187,555.65

28,845.43 $ 187,555.651 $ $

83,705.65 $ 116,568.69

- $ --221 .09 311 .18

=== 34.10 I$ 49.70

3,016.66 I$ 4,395.72

$

$

39,666.40 I $ 24,414.98

$

$

155,489.33 I $ 333,295.92 I $ $

43,530.22 I $ 7,959.95

28,680.43 I $ 23,635.43

$

$ 128,616.25 '•'.•:•'.•'•'.•'.•' ·"•'.•"•'

1::::-::}::::;::::::::{t}:::::::::::::::::::::::::;::::::::::::;::::;:::::'

1.:.: .:.:.:::.:.:.:.:.:.;,;::::::.:::·:··::.:}:::::::·::::5:;;::::::::·:·::::::J

$

$

$

! $ 160,211 .631 $

1: $ 173,084.29 $

72,210.65

83,278.68

Fund

$

$

$

$

$

TOTAL FOR ALL FUNDS

216,401 .08

216,401 .08

200,274.34

.L .·..... 532.27

$ 83.80

$ 7,412.38

$

$

$ 64,081 .38

$

488,785.25 .... ·.·.· .... · .•. ,.,.···················

$ 51 ,490.17

$ 52,315.86

$

128,616.25

i;:::::;:;:;;;:;.:fa::::::::::-:::c:::::::::}::::::::::::::A::::::L

$

$

$

! $ 232,422.28

$ 256,362.97

Sanitary and Improvement District# 442

From Prior Year Hearing: 2016/2017 Property Tax Request:

2016 Tax Rate

From County:

2017/2018 Valuation

Property Tax Rate (2016-2017

Request/2017 Valuation)

2017/2018 Proposed Property Tax Request

Proposed 2017 Tax Rate

From Prior Year Growth Factor: Tax Year 2016 Certified Valuation Tax Year 2017 Growth As Certified

From Paying Agent/Workpapers: Outstanding Bonded Indebtedness:

Principal Interest

From:

0.845608

211 ,552

0.860000

Total 2017-2018 Restricted Funds from Line (8) of last year's (2065-2017) LC-3 Form

Board Chairperson Name of Board Chair Mailing Address City & Zip Telephone# E-mail Address

Preparer Name & Title Firm Name Telephone# E-mail Address

Other Contact Name & Title Firm Name Mailing Address City & Zip Telephone# E-mail Address

Keith Froscheiser Fullenkamp, Doyle & Jobeun, 11440 W Center Road Omaha, NE 68144 (402) 334-0700

John Winter Lengemann & Associates, P.C. (402) 592-1236 [email protected]

John Fullenkamp, Attorney for District Fullenkamp, Doyle & Jobeun 11440 W Center Road Omaha, NE 68144 (402) 334-0700 [email protected]

SID# SID County


ENTER THESE COLUMNS

208,011.81 0.860000

24,sss,oso I

24,187,420

1 660

1,370,000

1 440,420

4421 Douglas

21s,s1s.03 I

Sanitary And Improvement District# 442 2017-2018 BOND FUND BUDGET DETAIL

Line No.

2

BOND FUND

Beginning Balances, Receipts, & Transfers:

Net Cash Balance 3 Investments

4 County Treasurer's Balance 5 Subtotal of Beginning Balances {Lines 2 to 4)

6 Personal and Real Property Taxes (See Preparation Guidelines)

7 Federal Receipts

8 State Receipts: Motor Vehicle Pro-Rate


10 State Receipts: Other - HOMESTEAD EXEMPTION

State Receipts: Property Tax Credit

11 Local Receipts: In Lieu of Tax

SPECIAL ASSESSMENT PRINCIPAL & INTEREST

INTEREST ON TAXES

INTEREST ON INVESTMENTS

EXCESS WARRANTS ISSUED OVER REDEEMED

MISCELLANEOUS

UTILITY CONNECTION FEES

SALE OF BONDS

12 Local Receipts : Other

13 Transfers In Of Surplus Fees

14 Transfers In Other Than Surplus Fees

15 Total Resources Available {Lines 5 to 14)


BOND COSTS

TREASURERS' FEES

LEGAL & ACCOUNTING FEES

MAINTENANCE & REPAIRS

STREET LIGHTING

PA YING/FISCAL AGENT FEES

MISCELLANEOUS

ENGINEERING FEES

SEWER CONNECT FEES

17 Operating Expenses

PURCHASE OF REAL PROPERTY

IMPROVEMENTS ON REAL PROPERTY

18 Capital Improvements {Real Property/Improvements)

19 Other Capital Outlay (Equipment, Vehicles. Etc.)

BOND PRINCIPAL

BOND INTEREST

$

$

$

$

$

$

$

$

$

$

$

$

$

ACTUAL 2015-2016

ACTUAUESTIMATE 2016-2017

187,555.650 173,084.290

187,555.650 $ 173,084.290 $

116,568.690 $ 119,907.780 $

311 .180 $ 301 .830 $

49.700 $ 1,010.890 $

4,395.720 $ 4,116.150

29.550 $ 79.950 $

24,385.430

24,414.980 $ 79.950 $

333,295.920 $ 298,500.890 $

1,209.950 2,481 .920

6,750.000 6,750.000

7,959.950 $ 9,231.920 $

23,635.430

23,635.430 $ $

75,000.00 $ 80,000.00 $

53,616.25 $ 52,430.00 $

BUDGET 2017-2018

132,453.540

132,453.540 122,995.400

300.000

500.000

50.000

50.000

256,298.940

8,000.000

8,000.000

25,000.000

25,000.000

80,000.00

50,950.00

EARLY BOND REDEMPTION $ 75,000.00

20 Debt Service: Bond Principal & Interest Payments $ 128,616.25 $ 132,430.00 $ 205,950.00

~~~;~~~~::~:~:~:::~~::~:::.: .!'.:!:~:~::~:::.:~:~:~::~~:~~~:~~~r:=~~::~~~:~\:=L~~a~t~2.:;:...!/t:~~~:1~~:=-A~en~i:p~s o~{;;is~r~"""'.D:-'.i-:s-t.)-:-+4.4:::::::::;;i::=::,-: .. ::,g;;I·'·:·:=i:g;;:\:;:i::::®:1::i:ii=:;;;:ii::::::;;:i:::::::,11 .... 4.4tnntt:tttHltlllf(!:1:11:::::1:::::::::::::::::1:1:::i::::::;::;::::::i:::

EXCESS WARRANTS REDEEMED OVER ISSUED 24,385.430

INTEREST ON REGISTERED WARRANTS

23 Debt Service: Other $ $ 24,385.430 $

24 Judgments 25 Transfers Out of Surplus Fees 26 Transfers Out Other Than Surplus Fees 27 Total Disbursements & Transfers {Lines 17 to 26) $ 160,211.630 $ 166,047.350 $ 238,950.000 28 Cash Reserve {Line 15 - Line 27) $ 173,084.290 $ 132,453.540 $ 17,348.940

PERSONAL & REAL PROPERTY TAXES I 122,995.40 COMPUTE COUNTY TREASURER'S COMMISSION AT 2% OF PREVIOUS LINE 2,459.910 TOTAL PERSONAL & REAL PROPERTY TAX REQUIREMENT I 125,455.31

I REQUESTED RATE o .51000 I


Sanitary and Improvement District No. 442 of Douglas County, Nebraska

SUMMARY OF SIGNIFICANT FORECAST ASSUMPTIONS

NATURE OF PRESENTATION:

Description of presentation -Forecasted receipts and disbursements for the District.

Purpose of presentation -

Comply with the Nebraska Budget Act pertaining to setting a property tax rate and budgeted expenditures.

SIGNIFICANT ASSUMPTIONS

1) Revenues will be consistent with prior year. Real estate tax collections will have a direct relationship to valuations provided by the county. We have used guidance from the Board and legal counsel to establish the preliminary tax levy to be used for discussion purposes by the Board and final vote for approval .

2) Disbursements will be similar to prior year, with any exceptions being major repair items or capital asset acquisitions.

3) The certified taxable value provided by Douglas County Assessor is $24,599,080.

4) The tax levy will be 86 cents per $100 of valuation

5) Capital improvements of $25,000 are forecasted


sid# 442 state of nebraska sid budget form to the … · and review services (ssars) promulgated by...

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