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1994-06-21 Minutes
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1994-06-21 Minutes
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7/24/2008 3:49:07 PM
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DESCRIPTION OF THE CITY <br />• <br />Location <br />The City of South Bend is located in St. Joseph County in north central Indiana and borders <br />the State of Michigan. South Bend is approximately 140 miles north of Indianapolis, Indiana <br />and approximately 90 miles east of Chicago, Illinois. <br />Population-Employment ~ South Bend <br />St Toseph County <br />Population 1950 205,058 .115,911 <br />1960 238,614 132,445 <br />1970 244,827 125,580 <br />1980 241,617 109,727 <br />1990 247,052 105,511 <br />Data reported by the U.S. Census Bureau. <br />Employment 121,060 Employed; 6,710 Unemployed; Work Force of 127,770 (South Bend <br />MSA); 5.3% Unemployment Rate as of February 1994. <br />• De artment of Work Force Development, Employment and <br />Source. p <br />Training Services, Indianapolis, Indiana, in cooperation with U.S. Bureau of <br />Labor Statistics. <br />Taxes <br />Assessed Valuation: $625,471,912 for taxes payable in 1994. <br />Property Tax: $14.8932 for 1993 payable 1994 per $100 of assessed valuation in the South <br />Bend-Portage taxing district in St. Joseph County, before property tax credit of <br />approximately 16.1% (paid by State from sales tax receipts). Household goods <br />are exempt. <br />Sales & Use Tda ustedtGro slIncome: 3.4 %~of e rnings t $1,000 annual e xemption allowed for <br />Individual A ~ <br />taxpayer and each dependent. <br />Excise Tax: Cigarettes -15.6 cents per package. Gasoline -15 cents per gallon. <br />Automobile Tax: Excise tax in lieu of personal property tax, based on initial retail price and <br />age of vehicle. <br />• <br />
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