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2015 Tax Levy
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2015 Tax Levy
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Last modified
10/20/2014 10:24:50 AM
Creation date
10/20/2014 10:10:34 AM
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City Council - City Clerk
City Council - Document Type
Ordinances
City Counci - Date
10/13/2014
Ord-Res Number
10322-14
Bill Number
43-14
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1200N CouNTr -Crrr Burtomc <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 />September 22, 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 — Substitute Bill No. 43 -14 <br />Dear Council President Davis: <br />Attached herewith please find a substitute bill for consideration by the Common Council of the City of South <br />Bend fixing the property tax rate for the City of South Bend for the fiscal year commencing January 1, 2015 and <br />ending December 31, 2015. This tax rate will apply for property tax assessments in fiscal 2014 with taxes <br />payable in fiscal 2015. <br />This original bill was submitted for 1st read filing with the Common Council for the council meeting on August <br />25, 2014, 2°" reading and public hearing at the council meeting on September 22, 2014, with 3`d reading and <br />council vote at the council meeting on October 13, 2014. <br />Similar to prior years, this substitute bill has been filed with estimated property tax rates. The final property tax <br />rates for each municipality in the State of Indiana are determined by the Department of Local Government <br />Finance (DLGF) as part of the "1782" budget review process which, according to the state budget calendar, must <br />be completed in February, 2015. The actual property tax rates will depend on the 2014 /pay 2015 net assessed <br />valuation of property in South Bend and this information is not yet available from the St. Joseph County Auditor. <br />The actual property tax rates are likely to be lower than the estimates provided in this substitute bill. <br />I will be available to discuss this bill at the appropriate sessions of the Personnel and Finance Committee and <br />other meetings of the South Bend Common Council. <br />Respectively submitted, <br />°d'. <br />Jo H. Murphy <br />City Controller <br />cc: Mayor Pete Buttigieg <br />Mark Neal, Deputy Mayor <br />Kathryn Roos, Chief of Staff <br />Cristol Brisco, Corporation Counsel <br />Brian Pawlowski, Deputy Chief of Staff <br />Jennifer Hockenhull, Deputy City Controller <br />Filed iPce <br />JOFitd - <br />CITY CLERIC, : <O;; ; i �ENI), IN <br />0 <br />
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