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11150-24 2025 Annual Budget Appropriation and Property Tax Levy
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11150-24 2025 Annual Budget Appropriation and Property Tax Levy
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Last modified
10/22/2024 9:46:20 AM
Creation date
10/15/2024 11:39:04 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
Ord-Res Number
11150-24
Bill Number
50-24
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ORDINANCE OR RESOLUTION FOR APPROPRIATIONS AND TAX RATES <br />State Form 55865 (7-15) <br />Approved by the State Board of Accounts, 2015 <br />Prescribed by the Department of Local Government Finance <br />Ordinance / Resolution Number: 50-24 <br />Budget Form No. 4 <br />Generated 10/11/2024 12:57:28 PM <br />Be it ordained/resolved by the South Bend Common Council that for the expenses of SOUTH BEND CIVIL CITY for the year <br />ending December 31, 2025 the sums herein specified are hereby appropriated and ordered set apart out of the several funds <br />herein named and for the purposes herein specified, subject to the laws governing the same. Such sums herein appropriated <br />shall be held to include all expenditures authorized to be made during the year, unless otherwise expressly stipulated and <br />provided for by law. In addition, for the purposes of raising revenue to meet the necessary expenses of SOUTH BEND CIVIL <br />CITY, the property tax levies and property tax rates as herein specified are included herein. Budget Form 4-B for all funds must <br />be completed and submitted in the manner prescribed by the Department of Local Government Finance. <br />This ordinance/resolution shall be in full force and effect from and after its passage and approval by the South Bend Common <br />Council. <br />Name of Adopting Entity / Fiscal Body Type of Adopting Entity / Fiscal Body Date of Adoption <br />South Bend Common Council <br />Fund <br />Code <br />0101 <br />0341 <br />0342 <br />0706 <br />0708 <br />0720 <br />Fund Name <br />'Common Council and Mayor <br />GENERAL <br />FIRE PENSION <br />POLICE PENSION <br />LOCAL ROAD & STREET <br />MOTOR VEHICLE HIGHWAY <br />MAJOR MOVES - TOLLROAD <br />COUNTIES <br />10/14/2024 <br />Adopted Adopted Tax Adopted Tax <br />Budget Levy Rate <br />$108,363,589 $89,945,049 <br />$4, 522, 797 $0 <br />$6,007,949 $0 <br />$2,350,000 $0 <br />$21,700,651 $0 <br />$140,892 $0 <br />2.7313 <br />0.0000 <br />0.0000 <br />0.0000 <br />0.0000 <br />0.0000 <br />1301 PARK & RECREATION $25,719,543 $21,098,221 0.6407 <br />1380 PARK BOND $1,181,218 $1,140,000 0.0346 <br />2379 CUMULATIVE CAPITAL IMP (CIG TAX) $75,000 $0 0.0000 <br />2391 CUMULATIVE CAPITAL <br />DEVELOPMENT <br />$891,097 $1,160,813 0.0352 <br />$170,952,736 $113,344,083 3.4418 <br />
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