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HomeMy WebLinkAbout10196-12 Levying Taxes Fixing the Rate Taxation 2013 Budget ORDINANCE No . 10196.12 Passed by the Common Council of the City of South Bend,Indiana October 29, 20 12 Attest: City Clerk JOHN • 01 DE �t Attest: President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana October 30, Z0 12 - a din+ / City Clerk JO k V00'DE Approved and signed by me OCTOB £R 3 I 20 Z L Mayer ORDINANCE NO. , °� l(0�0--..._ 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 31,2013 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 2013. 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 2012 to be collected in the year 2013 the following: For CORPORATION GENERAL FUND,the sum of$3.0217 on each one hundred dollars of Taxable Property. For PARK AND RECREATION FUND,the sum of$.6033 on each one hundred dollars of Taxable Property. For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$.0407 on each one hundred dollars of Taxable Property. Total Civil City Rate$3.6657 For REDEVELOPMENT BOND(COLLEGE FOOTBALL HALL OF FAME),the sum of$.0781 on each one hundred dollars of Taxable Property. Total Redevelopment Rate$.0781 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. 8 \ 1 I Member of the Com on Council Attest: It WI L -.40I r gii Clerk Presented by me to the Mayor of the City of South Bend, Indiana on the .3 day of OU-,.*w ,2 O1,':— , at L 1 :Lf o'clock . m. Dep y City Clerk Approved and signed by me on the 3 , day of acre,B £/Q ,2 a 12. , at o'clock Q .m. 4 7 ; /3 Mayor, City o outh`r•, Indiana Filed in Clerk's Office I a READING ' � 01 PUBLIC HEARING °t L`( tL?r UO "1-(4-0--' , 3 rd READING t —1A-1 L a S �r� HN VOORDE QITY CLERK, BEND,IN APPROVED REFERRED PASSED Lp�L`C—i i, uS ,s1-04-t-ct TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 42-12 PUBLIC HEARING ON A BILL 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, 2013 Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation as substituted by inserting numbers for the tax levy. This bill was heard by the Personnel & Finance Committee. Karen L. White Chairperson, Committee of the Whole 1200N COUNTY-CITY BUILDING = \ 20j = PHONE 574/235-9216 227 W.JEFFERSON BLVD. it C) SN•N \ ` FAX 574/235-9928 SOUTH BEND,INDIANA 46601-1830 t ' 2865 CITY OF SOUTH BEND PETE BUTTIGIEG,MAYOR DEPARTMENT OF ADMINISTRATION AND FINANCE October 3, 2012 Mr.Derek Dieter President, South Bend Common Council 4th Floor County-City Building 227 W. Jefferson Blvd. 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, 2013 Dear Council President Dieter: 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 1,2013 and ending December 31,2013. This tax rate will apply for property tax assessments in fiscal 2012 with taxes payable in fiscal 2013. The original bill was submitted for 1St read filing with the Common Council for the council meeting on August 27, 2012, 2nd read and public hearing at the council meeting on September 24, 2012,with 3rd reading and council vote at the council meeting on October 8, 2012. Similar to prior years,the property tax rates per the attached substitute bill are estimated and advertised high. 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 by February 15,2013. The actual property tax rate will depend on the 2012/pay 2013 net assessed valuation of property in South Bend and this information is not yet available from the St. Joseph County Auditor. I will be available to discuss this substitute bill at the appropriate sessions of the Personnel and Finance Committee and South Bend Common Council. Respectively submitted, ---�-- __� Filed in Clerk's Office Mark W.Neal City Controller OCT -3 2012 cc: Mayor Pete Buttigieg JOHN VOO . A" Mike Schmuhl, Chief of Staff CITY CLERK,SOUTii SEND,ON Kathryn Roos,Deputy Chief of Staff Aladean DeRose, Interim City Attorney