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120ON CouNTY -CITY BLuLDMG <br />227 W. JEFFERSON BLVD. <br />SOuTH BEND, INDJANA 46601 -1830 <br />PHONE 574 /235 -9216 <br />PAx 574/235 -9928 <br />CITY OF Soui -H BEND PETE B=GIEG, MAYOR <br />DEPARTMENT OF ADMINISTRATION AND FINANCE <br />August 20, 2014 <br />Mr. Oliver Davis <br />President, South Bend Common Council <br />4' 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, 2015 <br />Dear Council President Davis: <br />Attached herewith please find a bill for consideration by the Common Council of the City of South Bend fixing the <br />Property tax rate for the City of South Bend for the fiscal year commencing January 1, 2015 and ending December <br />31, 2015. This tax rate will apply for property tax assessments in fiscal 2014 with taxes payable in fiscal 2015. <br />This bill is submitted for I" read filing with the Common Council for the council meeting on August 25, 2014, 2nd <br />reading and public hearing at the council meeting on September 22, 2014, with 3'd reading and council vote at the <br />council meeting on October 13, 2014. <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 in February, 2015. The actual property tax rates will depend on the <br />2014 /pay 2015 net assessed valuation of property in South Bend and this information is not yet available from the <br />St. Joseph County Auditor. <br />I will be available to discuss this.bill at the appropriate sessions of the Personnel and Finance Committee and other <br />meetings of the South Bend Common Council. <br />Respectfully .�submitted, <br />,a. l� <br />Joh H. Murphy <br />City Controller <br />cc: Mayor Pete Buttigieg <br />Mark Neal, Deputy Mayor <br />Kathryn Roos, Chief of Staff <br />Cristo] Brisco, Corporation Counsel <br />Brian Pawlowski, Deputy Chief of Staff <br />Jennifer Hockenhull, Deputy City Controller <br />Filed in Office <br />0 ZU14 <br />JOHN <br />CITY CLERK, S U H BEND, IN <br />