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120ON CouNTY --Crrr BUILDING <br />227 W. JEFFERSON BLvD. <br />SOUTH BEND, INDIANA 46601 -1830 <br />CITY OF SOUTH BEND PETE B=GJEG, MAYOR <br />PxoNE574 /235 -9216 <br />Fax 574/235 -9928 <br />DEPARTMENT OF ADMINISTRATION .AND FINANCE <br />August 21, 2013 <br />Mr. Derek Dieter <br />President, South Bend Common Council <br />4`J' Floor County -City Building <br />227 W. Jefferson Blvd. <br />South Bend, IN 46601 <br />Re: Ordinance Levying taxes and fixing the rate of Property Taxation to meet City Expenses for the fiscal <br />year ending December 31, 2014 <br />Dear Council President Dieter: <br />Attached herewith please find a bill for consideration by the Common Council of the City of South Bend fixing <br />the property tax rate for the City of South Bend for the fiscal year commencing January 1, 2014 and ending <br />December 31, 2014. This tax rate will apply for property tax assessments in fiscal 2013 with taxes payable in <br />fiscal 2014. <br />This bill is submitted for 1" read filing with the Common Council for the council meeting on August 26, 2013, 2nd <br />read and public hearing at the council meeting on September 23, 2013, with 3rd reading and council vote at the <br />council meeting on October 14, 2013. <br />Similar to prior years, a substitute bill will be filed with the estimated property tax rates inserted after they are <br />determined. The final property tax rates for each municipality in the State of Indiana are determined by the <br />Department of Local Government Finance (DLGF) as part of the "1782" budget review process which, according <br />to the state budget calendar, must be completed by February 15, 2014. The actual property tax rate will depend on <br />the 2013 /pay 2014 net assessed valuation of property in South Bend and this information is not yet available from <br />the St. Joseph 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 />Mark W. Neal <br />City Controller <br />cc: Mayor Pete Buttigieg <br />Kathryn Roos, Chief of Staff <br />Cristol Brisco, Corporation Counsel <br />Filed �n o ae�� <br />1 <br />% lid ..+__.... .. <br />CITY CLt-1411' UTH 13 <br />