Laserfiche WebLink
120ON CouNn -Cin &mDING <br />227 W. JEFFERSON BLVD. <br />SOUTH BEND, INDIANA 46601 -1830 <br />CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR <br />PHONE 574/235 -9216 <br />FAX 574/235 -9928 <br />DEPARTMENT OF ADMINISTRATION AND FINANCE <br />October 24, 2013 <br />Mr. Derek Dieter <br />President, South Bend Common Council <br />4 °1 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 for the Fiscal Year Ending <br />December 31, 2014 — Substitute Bill No. 44 -13 <br />Dear Council President Dieter: <br />Attached herewith please find substitute Bill No. 44 -13 for consideration by the Common Council of the City of <br />South Bend fixing the property tax rate for the City of South Bend for the fiscal year commencing January 1, <br />2014 and ending December 31, 2014. This tax rate will apply for property tax assessments in fiscal 2013 with <br />taxes payable in fiscal 2014. <br />Similar to prior years, this substitute bill provides an estimate of the property tax rate required for the fiscal year <br />ending December 31, 2014. The final property tax rates for each municipality in the State of Indiana are <br />determined by the Department of Local Government Finance (DLGF) as part of the "1782" budget review process <br />which, according to the state budget calendar, must be completed by February 15, 2014. The actual property tax <br />rate will depend on the 2013 /pay 2014 net assessed valuation of property in South Bend and other factors. <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 />/N <br />®R <br />