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Home My WebLink About38-18 Levying taxes and fixing the rate of Property Taxation to meet City Expenses for the Fiscal year ending December 31, 2019 F 5pU TH eF O 'tp �2 1865 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR DEPARTMENT OF ADMINISTRATION AND FINANCE September 17, 2018 Filed in Clerk's Office Mr. Tim Scott SEP 18 2018 President, South Bend Common Council 4th Floor County-City Building KAREEMAH FOWLER 227 W. Jefferson Blvd. CITY CLERK,SOUTH BEND,IN South Bend, IN 46601 Re: SUBSTITUTE Ordinance Levying taxes and fixing the rate of Property Taxation to meet City Expenses for the fiscal year ending December 31, 2019 Dear Council President Scott: Attached herewith please find a substitute 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, 2019 and ending December 31, 2019. This tax rate will apply for property tax assessments in fiscal 2018 with taxes payable in fiscal 2019. Similar to prior years, this bill has been filed with estimated property tax rates. 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 2019. The actual property tax rates will depend on the 2018/pay 2019 net assessed valuation of property in South Bend. This bill is respectfully submitted for 1St reading filing with the Common Council for the council meeting on August 27, 2018, 2nd reading and public hearing at the council meeting on September 24, 2018, with V reading and council vote at the council meeting on October 8, 2018. 1 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, 't6�(_ Cc Jennifer C. Hockenhull City Controller 074 In ;ler�;'s Office SUBSTITUTE BILL NO. 38-18 SEP 18 2018 ORDINANCE NO. �E ► i i bWL15l -------- -- � 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, 2019 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 2019. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: SECTION 1. 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 2018 to be collected in the year 2019 the following: For CORPORATION GENERAL FUND, the sum of$3.6535 on each one hundred dollars of Taxable Property. For PARK AND RECREATION FUND, the sum of$0.8597 on each one hundred dollars of Taxable Property. For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$0.0385 on each one hundred dollars of Taxable Property. For PARK BOND DEBT SERVICE FUND, the sum of$0.0833 on each one hundred dollars of Taxable Property. Total Civil City Rate $4.6350 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. Tim Scott, Council President South Bend Common Council Attest: Kareemah N. Fowler, City Clerk Office of the City Clerk Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the City of South Bend, Indiana on the day of , 2018, at o'clock m. Kareemah N. Fowler, City Clerk Office of the City Clerk Approved and signed by me on the day of ,2018, at o'clock .m. Pete Buttigieg, Mayor City of South Bend, Indiana .pUTFf R Filed in Clerks Office s: PEA(E: is AUG 21 2318 186s KAREEMAH ')WLER CITY OF SOUTH BEND PETE BUTTIGIEG, MA CUTY CLERK,SOU.T BEND,IN DEPARTMENT OF ADMINISTRATION AND FINANCE _ r August 21, 2018 Mr. Tim Scott President, South Bend Common Council 4th Floor County-City Building 227 W. Jefferson Blvd. South Bend, IN 46601 Re: Ordinance Levying taxes and fixing the rate of Property Taxation to meet City Expenses for the fiscal year ending December 31, 2019 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, 2019 and ending December 31, 2019. This tax rate will apply for property tax assessments in fiscal 2018 with taxes payable in fiscal 2019. Similar to prior years, this bill has been filed with estimated property tax rates. 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 2019. The actual property tax rates will depend on the 2018/pay 2019 net assessed valuation of property in South Bend. This bill is respectfully submitted for 1St reading filing with the Common Council for the council meeting on August 27, 2018, 2nd reading and public hearing at the council meeting on September 24, 2018, with 3rd reading and council vote at the council meeting on October 8, 2018. 1 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, ( "1" Jennifer C. Hockenhull City Controller (r � Iv Filed in Clerk's Office BILL NO. 38-18 AUG 2 12018 j p ORDINANCE NO. KAREEMAH FOWLER CITY CLERK,SOUTH BEND, IN AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIA , 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, 2019 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 2019. 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 2018 to be collected in the year 2019 the following: For CORPORATION GENERAL FUND, the sum of$xxxxx on each one hundred dollars of Taxable Property. For PARK AND RECREATION FUND, the sum of$O.xxxxon each one hundred dollars of Taxable Property. For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$O.xxxx on each one hundred dollars of Taxable Property. Total Civil City Rate $xxxxx For REDEVELOPMENT BOND (COLLEGE FOOTBALL HALL OF FAME), the sum of$O.xxxx on each one hundred dollars of Taxable Property. Total Redevelopment Rate$O.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. Tim Scott, Council President South Bend Common Council Attest: Kareemah N. Fowler, City Clerk Office of the City Clerk Presented by me,the undersigned Clerk of the City of South Bend,to the Mayor of the City of South Bend, Indiana on the day of , 2018, at o'clock M. Kareemah N. Fowler, City Clerk Office of the City Clerk Approved and signed by me on the day of , 2018, at o'clock .m. Pete Buttigieg, Mayor City of South Bend, Indiana