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1200N COUNTY-CITY BUILDING <br /> ., \\ �/ ; PHONE 574/235-9216 <br /> 227 JEFFERSON BLVD. \� �\ i , ii d <br /> W � \PEACE/j Fax 5741235-9928 <br /> SOUTH BEND,INDIANA 46601-1830 e's,N �� a$, <br /> 1865 00•'' <br /> CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br /> DEPARTMENT OF ADMINISTRATION AND FINANCE <br /> October 3, 2012 <br /> Mr. Derek Dieter <br /> President, South Bend Common Council <br /> 4th Floor County-City Building <br /> 227 W.Jefferson Blvd. <br /> South Bend, IN 46601 <br /> Re: Substitute Ordinance Levying taxes and fixing the rate of Property Taxation to meet City Expenses for the <br /> fiscal year ending December 31,2013 <br /> Dear Council President Dieter: <br /> Attached herewith please find a substitute bill for consideration by the Common Council of the City of South <br /> Bend fixing the property tax rate for the City of South Bend for the fiscal year commencing January 1,2013 and <br /> ending December 31,2013. This tax rate will apply for property tax assessments in fiscal 2012 with taxes <br /> payable in fiscal 2013. <br /> The original bill was submitted for 1"read filing with the Common Council for the council meeting on August 27, <br /> 2012, 2nd read and public hearing at the council meeting on September 24,2012,with 3rd reading and council vote <br /> at the council meeting on October 8,2012. <br /> Similar to prior years,the property tax rates per the attached substitute bill are estimated and advertised high. The <br /> final property tax rates for each municipality in the State of Indiana are determined by the Department of Local <br /> Government Finance(DLGF)as part of the"1782"budget review process which, according to the state budget <br /> calendar,must be completed by February 15,2013. The actual property tax rate will depend on the 2012/pay 2013 <br /> net assessed valuation of property in South Bend and this information is not yet available from the St.Joseph <br /> County Auditor. <br /> I will be available to discuss this substitute bill at the appropriate sessions of the Personnel and Finance <br /> Committee and South Bend Common Council. <br /> Respectively submitted, - <br /> ---� Filed in Clerk's Office <br /> Mark W. Neal <br /> City Controller OCT --3 2012 <br /> cc: Mayor Pete Buttigieg ..,.�—JOHN <br /> Mike Schmuhl, Chief of Staff CITY CLERK,SOUTH SEND,IN <br /> Kathryn Roos,Deputy Chief of Staff <br /> Aladean DeRose, Interim City Attorney <br /> IL/ <br /> A\ <br />