HomeMy WebLinkAboutLevying Taxes the rate of Taxation Civil City 1991 Budget ORDINANCE No. 8119-90
Passed by the Common Council of the City of South Bend, Indiana
August 27, z 90
Attest: 1-1_,24.4.„2 '"""""` - , City Clerk
IRENE K. GAMMON
Attest: .�i ��" �►
- -- President of Common Council
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Presented by me to the Mayor of the City of South Bend, Indiana
August 28, i9 90
cl-ti24.4...e. ts-p-ei--.---k-g-.v,-,,-- City Clerk
IRENE K. GAMMON
Approved and signed by me September 4 z 90
i(:7444- • Mayor
ORDINANCE NO. rigi'Q(J
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,
1991.
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 1991.
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 1990 to be collected in
the year 1991 the following:
For CORPORATION GENERAL FUND, the sum of 5.9074 dollars
on each one hundred dollars of Taxable Property.
For PARK MAINTENANCE FUND, the sum of .9948 dollars
on each one hundred dollars of Taxable Property.
For FIREMEN'S PENSION FUND, the sum of .1216 dollars.
on each one hundred dollars of Taxable Property.
For POLICEMEN' S PENSION FUND, the sum of .2555 dollars
on each one hundred dollars of Taxable Property.
For MORRIS CIVIC AUDITORIUM FUND, the sum of .0516
dollars on each one hundred dollars of Taxable Property.
For PARK DISTRICT BOND FUND, the sum of .0872 dollars
on each one hundred dollars of Taxable Property,
For URBAN RENEWAL BOND FUND, the sum of . 0412 dollars on
each one hundred dollars of Taxable Property.
For DISCOVERY HALL FUND, the sum of . 0377 dollars
on each one hundred dollars of Taxable Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND, the sum of .2011
dollars on each one hundred dollars of Taxable Property.
For JUNK VEHICLE FUND, the sum of .0036 dollars on each
one hundred dollars of Taxable Property.
For UNSAFE BUILDING FUND, the sum of .0170 dollars on
each one hundred dollars of Taxable Property.
For REDEVELOPMENT DISTRICT BOND FUND (STADIUM) , the sum
of . 2267 dollars on each one hundred dollars of Taxable Property.
For REDEVELOPMENT BOND (STUDEBAKER) , the sum of .1223
dollars on each one hundred dollars of Taxable Property.
SECTION II . This Ordinance shall be in full force and
;,ouTH 8A X11 •l l
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�9+ �;�, is Cit of South Bend
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'11 .e'.-...f.:-.:::...2".44,, �`�i Joseph E. Kernan, Mayor
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Department of Administration and Finance
Katherine Humphreys, Director
August 9, 1990
Mr. Thomas Zakrzewski
President
South Bend Common Council
4th Floor
County-City Building
South Bend, IN 46601
Dear Tom:
Please find attached a copy of the Ordinance levying taxes and
fixing the rate to meet the necessary expenses for the 1991 Civil
City budget. As in the past, the rates have been set artificially
high to compensate for any reduction in our assessed value. They have
also been advertised artificially high. This Ordinance is a companion
ordinance to the Appropriation Ordinance and is part of the budget
process.
I will look forward to discussing the 1991 budget with you and
other members of the Council. If you have any questions in the
meantime, please don' t hesitate to call.
Si erely,
l:
Ka erine Humphreys
City Controller
KH:cjm
Enc.
County-City Building • South Bend, Indiana 46601 • 219/284-9742 Fax 219/284-9892
Catherine A. Hubbard John D. Leisenring C. J. Cartwright
Personnel Director Chief Deputy Controller Safety & Risk Manager
284-9124 284-9483 284-9482