HomeMy WebLinkAboutBill No. 46-16 Levying Taxes and Fixing the Taxation Rate for 2017120ON COUNTY -CITY BUILDING
227 W. JEFFERSON BLVD.
SOUTH BEND, INDIANA 46601 -1830
CITY OF SOUTH BEND PETE BUTTIGIEG, MA
DEPARTMENT OF ADMINISTRATION A
August 17, 2016
Mr. Tim Scott
President, South Bend Common Council
4th Floor County -City Building
227 W. Jefferson Blvd.
South Bend, IN 46601
PHONE 574/ 235 -7678
FAX 574/ 235 -9928
Re: Ordinance Levying taxes and fixing the rate of Property Taxation to meet City Expenses
for the fiscal year ending December 31, 2017
Dear Council President Scott:
Attached herewith please find a bill for consideration by the Common Council of the City of South
Bend fixing the property tax rate for the City of South Bend for the fiscal year commencing January
1, 2017 and ending December 31, 2017. This tax rate will apply for property tax assessments in
fiscal 2016 with taxes payable in fiscal 2017.
Similar to prior years, this bill has been filed with the property tax rates not stated. The final
property tax rates for each municipality in the State of Indiana are determined by the Department
of Local Government Finance (DLGF) as part of the "1782" budget review process which,
according to the state budget calendar, must be completed in February, 2017. The actual property
tax rates will depend on the 2016 /pay 2017 net assessed valuation of property in South Bend.
This bill is respectively submitted for 1 st reading with the Common Council for the council meeting
scheduled for August 22, 2016, 2nd reading and public hearing at the council meeting on
September 26, 2016, with 31d reading and council vote at the council meeting on
October 10, 2016.
I will be available to discuss this bill at the appropriate sessions of the Personnel and Finance
Committee and other meetings of the South Bend Common Council.
Respectfully submitted,
J H. Mur
City Controller
Excellence I Accountability I Innovation I Inclusion I Empowerment ��"
ORDINANCE NO.
AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA, LEVYING TAXES
AND FIXING THE RATE OF TAXATION FOR THE PURPOSE OF RAISING
REVENUE TO MEET THE NECESSARY EXPENSES OF THE CIVIL CITY
OF SOUTH BEND FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2017
STATEMENT OF PURPOSE AND INTENT
It is necessary to pass this Ordinance in order to levy taxes and fix the rate of taxation for the purpose
of raising revenue to meet the necessary expenses for 2017.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF
SOUTH BEND, INDIANA, AS FOLLOWS:
SECTION I. There shall be levied upon each One Hundred Dollars of Assessed Valuation of
Taxable Property of the City of South Bend, Indiana, for the fiscal year 2016 to be collected in the year 2017
the following:
For CORPORATION GENERAL FUND, the sum of $xxxx on each one hundred dollars of Taxable
Property.
For PARK AND RECREATION FUND, the sum of $xxxx on each one hundred dollars of Taxable
Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of $xxxx on each one hundred
dollars of Taxable Property.
Total Civil City Rate $xxxx
For REDEVELOPMENT BOND (COLLEGE FOOTBALL HALL OF FAME), the sum of $xxxx on
each one hundred dollars of Taxable Property.
Total Redevelopment Rate $xxxx
SECTION II. This Ordinance shall be in full force and effect from and after its passage by the
Common Council and approval by the Mayor.
Member of the Common Council
Attest:
City Clerk
Presented by me to the Mayor of the City of South Bend, Indiana on the day
of , 2 , at o'clock _ m.
Approved and signed by me on the
o'clock .m.
PUBLIC HEAD..,
3 rd READNNC
NOT APPRC
REFERRED
PASSED
Deputy City Clerk
day of , 2 , at
Mayor, City of South Bend, Indiana
Fled in Clerk's Office
AUG 17 2016
KAREEMIAH FOWLER
CITY CLERK, SOUTH BEND, IN;