Fiscal Plan for Ironwood Plaza North Annexation Area in Clay Township (2399-96)

Home Browse Search

Ironwood North Annexation Area - Fiscal Plan 5 G. Population and Density The Annexation Area is part of Census Track 113.01, Blocks 516 and 517: Census Block 1990 Population Units 516 0 0 adjusted 0 0 517 285 103 adjusted 265 96 The adjusted figures represent the seven (7) single - family units within Census Block 517 which are not a part of the Annexation Area. The adjusted population figure is an estimate. The estimated population of the Annexation Area is therefore 265 people. The estimated density of the Annexation area is therefore 10 persons per acre. H. Tax Rate The tax rates used are those of 1995 payable in 1996. The Township Rate will decrease with the deletion of the Fire Fighting and the Cumulative Fire Fund assessments. The tax rate for the Annexation Area will increase by the addition of the City and Town Rate, the Redevelopment District Rate and the South Bend Transpo Rate. The net increase in property taxes will be $6.5829 per $100.00 of assessed valuation. Table 2, located in the back of this Fiscal Plan, shows representative tax rate information as published by the St. Joseph County Auditor. I. Assessments Net Assessment, 1995 payable 1996, from the St. Joseph County Auditor tax records: Net Assessment: $2,285,990.00 J. Councilmanic District The Annexation Area will be in City Councilmanic District 4.