HomeMy WebLinkAbout2011 Financial SummitRESOLUTION
4074 -11
Passed by the Common Council of the City of South Bend,
January 24,
Attest:
20 1.
Presented by me to the Mayor of the City of South Bend, Indiana
January 25, 20 11
City Clerk
President of Common Council
Approved and signed by me January 26 20 11 .
City Clerk
0
Resolution No. Ll I
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA,
EXPRESSING ITS WILLINGNESS TO DISCUSS AND EXPLORE FINANCING OF
GOVERNMENTAL SERVICES WITH ELECTED OFFICIALS OF ST. JOSEPH COUNTY AND
THE CITY OF MISHAWAKA, INDIANA AT A 2011 FINANCIAL SUMMIT
6W the Common Council of the City of South Bend, Indiana, notes that the Legislative
Services Agency issued in July 2010, a 2010 Property Tax Report for St. Joseph County with
Comparisons Between 2007 and 2010; and
6Aa the Council recognizes that that Report also shows the overall changes to property
tax levies and property assessments, and also highlights changes which are unique to St. Joseph
County and provides detailed information on tax rates, credit rates and net tax rates for homesteads
by taxing district;
GA", in light of the detailed information contained in that report which noted among
other things that property tax levies increased 4.9% in St. Joseph County in 2010 which was more
than the state average of 2.4 %; while net tax bills for all taxpayers decreased 7.4% in St. Joseph
County from 2009 and 2010 which was greater than the statewide reduction of 1.4 %; and
Qfig�nw, the South Bend Common Council has repeatedly voiced concern over the effects of
the recession on our local economy resulting in job losses; reduced construction opportunities; and
how these have affected our residents and business owners; and
GylCmz, the Common Council believes that a 2011 Financial Summit would be in the best
interests of the City of South Bend, Indiana.
VYOUg vli�eaae�axe, lie it moLv d, ly b% Wommton Wmacd v�i 22 - - of (g"id T end, Q,&W a~,
as follows:
Section I. On behalf of all of the citizens of the City of South Bend, Indiana, the Common
Council believes that improved dialogue among the elected public officials of South Bend, St.
Joseph County and Mishawaka in these trying economic times would be fiscally prudent.
Section II. The legislative branch of the City of South Bend, which is charged with
overseeing the finances of the city with the City Administration, believes that in light of Indiana
state law providing a mechanism to review decreasing various income generating devices such as
county economic development income tax (CEDIT), which can only take place between March 31St
through July 31St, a 2011 Financial Summit is in order.
Section III. Upon the adoption of this Resolution by the South Bend Common Council, the
sponsors, Council President Derek D. Dieter and Council Member at Large Timothy A. Rouse shall
be authorized to begin setting a series of date(s), times(s) and location(s) so that such discussion
may commence.
Section IV. This Resolution shall be in full force and effect from and after its adoption by
th ncil and ov by the yor.
Derek D. Dieter, 1St District Council Timothy A. Rou Council Member at Large
o n orde, City Clerk
Stephen J. Lukke, Mayor