On behalf of the entire Finance Subcommittee, I thank you for visiting our web page and hope you find it informative. Community input is invaluable to the entire process. Please contact us with any ideas, suggestions, or information that will aid in our study.
We start our work with one basic common community objective. This objective is to maintain an imaginative community prospective on what the future of a White River Township/Greenwood Reorganization would provide to its citizens. The process begins with identifying all important issues that are critical to the Reorganization. These issues will be analyzed for financial feasibility, economies of scale, and to see if an orderly approach to expanded services would either drastically increase or decrease the cost of providing them.
To achieve our objective, the Finance Subcommittee will estimate a tax rate based on the combined assessed value after reorganization and prepare the tax impact projections for all taxpayers. We will take the total combined and possible new revenue sources along with the cost to provide community based services and roll them into a 3 year projected operating budget. The overall operating budget will be based not only on our findings but on the data received from the Parks and Recreation, Health and Safety, Infrastructure, Planning and Land Use, and Governance Subcommittees.
The Finance Subcommittee consists of 8 members with near equal representation between the White River and Greenwood areas. Members of the Subcommittee have a vast array of education and experience with CPA's, MBA's, Finance degrees, and public and private auditors being represented.
We will work diligently to provide accurate data so the citizens within the communities affected can make a wise and informed decision for the betterment of everyone.
Paul Reed,
Finance Subcommittee Chair |