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Fiscal Plan for Henry Annexation Area in Centre Township
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Fiscal Plan for Henry Annexation Area in Centre Township
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Last modified
2/23/2011 11:38:56 AM
Creation date
2/23/2011 11:25:48 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
2/14/2011
Ord-Res Number
4079-11
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Henry Annexation Area 4 _ <br /> F. Zoning & Subdivisions <br /> The one property in the Annexation Area is currently zoned °R" Single Family District. Per <br /> City ordinance, the property will automatically be zoned °SF1" Single Family and Two Family <br /> District upon annexation. <br /> G. Population <br /> Five people currently reside in the Annexation Area. The population is not anticipated to <br /> change significantly following annexation. <br /> H. Tax Rate <br /> The tax rates used are those of 2009 payable 2010. <br /> The total tax rate for unincorporated Centre Township is 2.3764 per $100 of taxable real <br /> estate. The total tax rate for South Bend Centre Township is 4.8470 per $100 of taxable real <br /> estate. <br /> Per HEA 1001, the tax caps expressed as a percentage of the gross assessed value for <br /> different classifications of property are as follows, regardless of being within South Bend or <br /> unincorporated St. ]oseph County: <br /> Pro ert T e Ca <br /> Homestead 1.0% <br /> Non-Homestead <br /> Residential 2.0% <br /> A ricultural 2.0% <br /> Other commercial 3.0% <br /> I. Assessments <br /> 2009 payable 2010, St. ]oseph County Auditor property tax records: <br /> Land: $18,500 <br /> Improvements: $175,600 <br /> Total (Gross): $194,100 <br /> Total (Net): $94,510 <br /> ). Municipal Legislative District <br /> The Annexation Area will be in the 5th District. <br /> K. Hiring Plan <br /> It is anticipated that this annexation will not result in the elimination of jobs for employees of <br /> any other governmental entities. The Centre Township Trustee has been notified of this <br /> Annexation. <br />
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