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HomeMy WebLinkAbout10123-11 2012 Budget Tax Levy ORDINANCE No . 10123_�� Passed by the Common Council of the City of South Bend,Indiana October 10, 2011 � �``,, ~ r---.... r� p�.`"l'�. Attest: - ��`' � `"�`�a'� City Clerk : �, � Attest: . President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana October 11, 2011 ��� ��� , City Clerk Approved and signed by me 0 c t o b e r 12, 20 11 Substitute Bi1153-11 ORDINANCE NO. ���� AN ORDINANCE 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, 2012 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 2012. � 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 Doilars of Assessed Valuation of Taxable Property of the City of South Bend, Indiana, for the fiscal year 2011 to be collected in the year 2012,the following: For CORPORATION GENERAL FUND,the sum of$3.17200 on each one hundred doilars of Taxable Property. For PARK AND RECREATION FUND,the sum of$0.62370 on each one hundred dollars of Taxable Property. For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of$0.03420 on each one hundred dollars of Taxable Property. Total Civil City Rate$3.82990 For REDEVELOPMENT BOND(COLLEGE FOOTBALL HALL OF FAME),the sum of$0.08570 on each one hundred dollars of Taxable Property. Total Redevelopment Rate$0.08570 Section II. This Ordinance shall be in full force and effect rom and er its passage by the Common Council and approval by the Mayor. I Me er of the Common Council Attest: _ �� ty CI_ erk , �� Substitute Bill 53-11 Presented by me to the Mayor of the City of South Bend, Indiana on the � �"�1 day of��� , 2 d_�_, at 3''� o'clock�. m. . ,�� Deputy City Cler �� Approved and signed by me on the ��_ day of �— , 2 ��/ , at /'c� o'clock G .m. � �- c���.—_ Mayor, City of Sout end, Indiana �-�.._..�� Filed in �1���`� �: ���� � .� : r �L-�1 SEP � 6 2�11 1st READING b ' ( �,���j� PU6LIC HEARING�,--�0��\�S Sw�J��� I�01,����\ �-� J�Pi���ORI�� .^s rd F2EADWG �0--�0��.\ 4S �5��„�.lu�`� CIT1f G�i.ERK,��117'Fi B�iYC9,IN �vOT. APPRO.VfD r2EFERRED � PASSED ����0�-1,\ c�..S 5����� ��SpU T$8��d ti � � d U rF.,�c�+ � � W � ,� ���,.� --� a A �^ ,R xs6s CITY OF SOUTH BEND STEPHEN J. LUECKE,MAYOR DEPARTMENT OF ADMINISTRATION & FINANCE GREGG D.ZIENTARA CONTROLLER � September 26, 2011 Mr. Derek Dieter President, South Bend Common Council 4t" Floor County City Building 227 W. Jefferson Blvd. South Bend, IN 46601 re: Substitute Bill 53-11 Ordinance Levying Taxes and Fixing the rate of Property Taxation to meet City Expenses for the fiscal year ending December 31, 2012 Dear Council President Dieter: Attached herewith please find substitute bill 53-11 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, 2012 and ending December 31, 2012. This tax rate will apply for property tax assessments in fiscal 2011 with tax payable in fiscal 2012. This substitute version of bill 53-11 is respectively submitted today for 2"d read and public hearing at the council meeting on September 26, 2011, with 3�d read and council vote at the council meeting on October 10, 2011. This bill will be presented to the Common Council by the Mayor and Controller as required at the appropriate sessions of the Personnel and Finance Committee and at the public hearing. Respective submitted, Gregg D. Zie�tara cc: Stephen J. Luecke, Mayor of the City of South Bend Aladean DeRose, Chief Assistant City Attorney John Voorde, Clerk of the City of South Bend Kathleen Cekanski-Farrand, Attorney for the Common Council County-City Building 227 West Jefferson Boulevard South Bend,Indiana 46601-1830 Phone: 574/235-9216 Fax: 574/235-9928 TDD: 574/235-5567 TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 53-11 PUBLIC HEARING ON A BILL 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, 2012 Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with no recommendation. This bill was heard by the Personnel & Finance Committee. Timothy Rouse Chairperson, Committee of the Whole