NOTICE TO TAXPAYERS OF BUDGET ESTIMATES AND

TAX RATES

Notice is hereby given the taxpayers of the Indian Boundary Conservancy District located in Westchester Township, Porter County, Indiana, that the Board of Directors of the Indian Boundary Conservancy District will meet at the Brummitt School on Indian Boundary Road, in Westchester Township, Porter County, Indiana, on the 14th day of September, 2010, at 7:00 p.m. and will at that time conduct a public hearing on the proposed 2011 Conservancy District operating budget, tax rate and levy. Thereafter, pursuant to I.C. 6-1.1-17-5, ten or more taxpayers may object to the budget, tax rate, or levy of the Conservancy District by filing an objection petition with the Conservancy District not more than seven (7) days after the aforementioned public hearing. The objection petition must specifically identify the provisions of the budget, tax rate, and levy to which the taxpayers object. If a petition is filed by objecting taxpayers, the Board of Directors of the Conservancy District will consider such objection and will adopt with its budget a finding concerning the objection in the petition and any testimony presented at the adoption hearing. Thereafter, the aforementioned Board of Directors will meet at 7:00 p.m. on the 26th day of October, 2010, at the Brummitt School on Indian Boundary Road in Westchester Township, Porter County, Indiana, to adopt the following budget:

BUDGET ESTIMATE

(Complete detail of the budget estimate by fund and/or department may be obtained by contacting any member of the Board of Directors of the Indian Boundary Conservancy District or the District's Financial Clerk/Secretary or may be seen at the law offices of Blachly, Tabor, Bozik and Hartman, located at 56 South Washington Street, Suite 401, Valparaiso, Indiana, during regular business hours.)

NET ASSESSED VALUATION $50,000,000

GENERAL FUND

Budget Estimate $111,460

Estimate of Funds to

be raised $111,460

Net Tax Rate $0.2229

Current Tax Levy $108,328

CUMULATIVE IMPROVEMENT FUND

Budget Estimate $12,283

Estimate of funds to

be raised $12,283

Net Tax Rate $0.0245

Current Tax Levy $12,283

Taxpayers appearing shall have a right to be heard thereon. After the tax rates have been determined and presented to the County Auditor, ten or more taxpayers feeling themselves aggrieved by such rates may appeal to the State Department of Local Government Finance for further and final hearing thereon by filing a petition with the County Auditor on or before the tenth day after publication by the County Auditor of tax rates charged, and the State Department of Local Government Finance will fix a date for hearing in this county.

George Clem, Chairman

Indian Boundary

Conservancy District

(August 27, September 3, 2010)