Notice is hereby given pursuant to Article 7, Section 23(C) of the Louisiana Constitution and R.S. 47:1705 (B) that a public hearing of the Library in Vermilion Parish will be held at its regular meeting place at the Abbeville Branch Library located at 405 E. St. Victor St., Abbeville, LA, 70510, on Tuesday, July 23, 2024 at 6:00pm to consider levying additional or increased millage rates without further voter approval or adopting the adjusted millage rates after reassessment and rolling forward to rates not to exceed the prior year’s maximum. The estimated amount of tax revenues to be collected in the next year from the increased millage is $1,608,778.96, and the amount of increase in taxes attributable to the millage increase is $94,781.41.
GENERAL OPERATING FUND
REVENUE:
| ESTIMATED BEGINNING YEAR FUND BALANCE |
$280,000.00 |
| LOCAL REVENUE |
$1,483,609.88 |
| STATE REVENUE |
$140,210.82 |
| FEES & FINES |
$21,000.00 |
| GRANTS |
$2,000.00 |
| GIFTS & DONATIONS |
$150.00 |
| OTHER |
$36,700.00 |
| TOTAL REVENUE |
$1,963,670.70 |
EXPENDITURES:
| PERSONNEL EXPENDITURES |
$1,132,500.27 |
| OPERATING SERVICES |
$5,700.00 |
| UTILITIES |
$73,750.00 |
| COMMUNICATIONS |
$65,000.00 |
| AUTOMATED & ONLINE SERVICES |
$1,500.00 |
| RENTALS |
$28,200.00 |
| MAINTENANCE OF PROPERTY & EQUIPMENT |
$64,600.00 |
| PROFESSIONAL SERVICES |
$131,000.00 |
| INSURANCE & SURETY BONDS |
$180,650.00 |
| MATERIAL & SUPPLIES |
$68,270.43 |
| COLLECTION EXPENDITURES |
$142,000.00 |
| TRAVEL & DEBT SERVICE |
$5,500.00 |
| ACQUISITION OF MACHINERY & EQUIPMENT |
$0.00 |
| TRANSFER TO CAPITAL IMPROVEMENT FUND |
$0.00 |
| INTERGOVERNMENTAL SERVICES |
$50,000.00 |
| BOND EXPENSES |
$15,000.00 |
| TOTAL EXPENDITURES |
$1,963,367.70 |
CAPITAL IMPROVEMENT FUND
| ESTIMATED BEGINNING YEAR FUND BALANCE |
$182,688.17 |
| PROJECTED INTEREST EARNED |
$100.00 |
| PROJECTED FUND BALANCE |
$182,788.17 |
Jun 16 2024
Public Notice
Notice is hereby given pursuant to Article 7, Section 23(C) of the Louisiana Constitution and R.S. 47:1705 (B) that a public hearing of the Library in Vermilion Parish will be held at its regular meeting place at the Abbeville Branch Library located at 405 E. St. Victor St., Abbeville, LA, 70510, on Tuesday, July 23, 2024 at 6:00pm to consider levying additional or increased millage rates without further voter approval or adopting the adjusted millage rates after reassessment and rolling forward to rates not to exceed the prior year’s maximum. The estimated amount of tax revenues to be collected in the next year from the increased millage is $1,608,778.96, and the amount of increase in taxes attributable to the millage increase is $94,781.41.
GENERAL OPERATING FUND
REVENUE:
EXPENDITURES:
CAPITAL IMPROVEMENT FUND