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City Tax Levies and Collections
<br />Levy/Collect Amount of Lew Percent Collected •
<br />1989/90 $30,166,432 N/A
<br />1988/89 29,787,812 98%
<br />1987/88 26,832,369 102.5%
<br />1986/87 25,500,623 101
<br />1985/86 24,524,300 96%
<br />1984/85 24,246,149 98% `
<br />1983/84 23,147,657 100%
<br />1982/83 22,090,568 99.5%
<br />1981 /82 20,944,113 97%
<br />Cash and Investments on Hand - As of January 31, 1990
<br />Fund Cash and Investments
<br />General $ 1,326,529.09
<br />Special Revenue 4,134,606.63
<br />Debt Service 2,368,753.94
<br />Capital Projects 1,314,954.25
<br />Enterprise 6,933,062.21
<br />Internal Service 1,637,661.79
<br />Trust & Agency 1,374,826.77
<br />Total $19,090,394.68 •
<br />GENERAL INFORMATION CONCERNING THE CITY
<br />South Bend is located. in northern Indiana approximately 90 miles east of Chicago and
<br />140 miles north of Indianapolis. Over 40% of the U.S. population lies within 500 miles.
<br />Accessibility to transportation, including I-80/90, a regional airport, and a port on Lake
<br />Michigan, has supported economic growth. Over the. years, the University of Notre Dame has
<br />provided a stabilizing influence on the economy- with an economic impact of approximately
<br />$432 million per year. In the past five years, new growth has been occurring in manufacturing
<br />and light industries, retail, professional services, the health care industry, and private
<br />educational facilities. For the calendar year 1989, the average total employment was at an all-
<br />time high of 129,890 out of a total labor force of 135,820, with an unemployment rate of 4.4%.
<br />As of the second quarter of 1989, a total of 5,719 business establishments operated in
<br />St. Joseph County. The total number of firms, as of first quarter 1982, was 4,663. -This is
<br />approximately a 2.9% annual increase. The labor force is diversified as shown in the following
<br />table based on data provided by the Indiana Department of Employment and Training Services:
<br />Emeloyment Sector % of Total Employment-
<br />Manufacturing 19%
<br />Wholesale/Retail Trade 26%
<br />Services 29% •
<br />Government 10%
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