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HomeMy WebLinkAboutVPA Property Taxes Recieved 2023City of South Bend Venues, Parks & Art Property taxes Deposited to Fund 201 Parks & Recreation 2018 2018 Pay/2017 Property Tax 2018 Pay/2017 Property Tax 2019 2019 Pay/2018 Property Tax 2019 Pay/2018 Property Tax County-Distribution Correction Adjusted Total 2020 2020 Pay/2019 Property Tax Additional Disttribution (see Note 3) 2020 Pay/2019 Property Tax 2021 2021 Pay/2020 Property Tax 2021 Pay/2020 Property Tax 2022 2022 Pay/2021 Property Tax 2022 Pay/2021 Property Tax 2023 2023 Pay/2022 Property Tax Note 1. Property Taxes receipts for 2022 are estimated to be $11,426,846 . Note 2. In the December 2019 distribution, the County incorrectly calculated incremental value due to a TIF district, and thus over-distributed taxes to all taxing units, while under-distributing to the TIF district. The correction listed here corrects that error. Note 3. This distribution occurred because of the delay of the property tax due date. The County was concerned that not all taxes would be collected in time for the normal June distribution, because the state pushed the property tax due date from May 10 to July 10. Date Received 6/25/2018 12/19/2019 Date Received 6/25/2019 12/18/2019 (see Note 2) Date Received 6/8/2020 7/27/2020 12/17/2020 Date Received 6/10/2021 12/14/2021 Date Received 6/23/2022 12/20/2022 Date Received 6/14/2023 Amount Received 5271460 4320439 9591899 Amount Received 5418668 4831730 10250398 -201414 10048984 Amount Received 4862263 388124 4316457.57 9566844.57 Amount Received 5705124 4565875.66 10270999.66 Amount Received 5801007.69 4941484.62 10742492.31 Amount Received 6352360.58 6352360.58 Original Budget 8943000 Original Budget 9680317 Original Budget Estimate 9340797 Original Budget Estimate 9247389 Original Budget Estimate 10580413 Original Budget (See Note 1) 11426846 Actual over Budget (adjusted) 648899 Actual over Budget (adjusted) 368667 Actual over Budget (adjusted) 226047.57 Actual over Budget (adjusted) 1023610.66 Actual over Budget (adjusted) 162079.310000001 Actual over Budget (adjusted) -5074485.42