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HomeMy WebLinkAbout02-28-2022 Personnel and Finance Committee Meeting Minutes (Signed)OFFICE OF THE CITY CLERK D AW M.JO NE S, CIT Y C LE RK PERSONNEL AND FINANCE COMMITTEE FEBRUARY 28, 2022, 3:30 P.M. Committee Members Present : Agenda: Chair Sheila Niezgodski*, Vice-Chair Eli Wax*, Troy Warner*, Rachel Thomas Morgan*, Dr. Oliver Davis* Bill No. 22-12 Members marked with an asterisk (*) are present digitally Please note the attached link for the meeting recording: http s ://docs.southbend in .gov/WebLink/browse .as px?dbid=0&mediaid=351415 Committee Chair Sheila Niezgodski called to order the Personnel and Finance Committee at 3 :30 p.m. Bill No. 22-12: Resolution Regarding Property Tax Committee Member Tomas Morgan noted that the tax re solution is in the best intere st for the fiscal state of the City . The resolution calls for a guaranteed state replacement revenue source to be available to municipalities should business and personal property tax be eliminated or reduced. She noted that the business personal property tax is likely to re-emerge. Other cities have passed this resolution. Committee Member Tomas Morgan noted the losses that comparable citie s are facing. Representative Bower noted the state of Indiana is expecting a five billion tax surplus. Due to this , many in the General Assembly believe that a tax cut is warranted. There is concern that there will be long-term ramifications to this change and there needs to be consideration for sustainability. The floor was opened for discussion . Committee Member Dav is asked for clarification regarding the aim of the resolution. Representative Bower noted that this is to reduce barriers for businesses to do business in Indiana. Thi s has a local impact. This business /personal tax needs to be replaced for local municipalities. The current bill has not addressed a complete replacement of this income. In 2013 , Idaho did a similar tax cut and were in challenging times by 2017 when the surplus was gone . There was discussion on how municipalities can keep the state accountable to replace local revenue. The floor was opened for public comment. There were no comments in favor or opposed to the resolution. EXCELLENCE ACCOUNTABILITY INNOVAT ION INC LUS ION EMPOWERM ENT 455 County-City Building 227W. Jefferson Bvld South Bend , Indiana 46601 p 574.235.9221 f574.235.9173 TTD574.235.5567 www.southbendin.gov .CITY OF SOUTH BEND I OFFICE OF THE CLERK Committee Member Warner now entertained a motion to send Bill 22-12 to full council with a favorable recommendation. Committee Member Warner motioned to send Bill 22-12 to full council with a favorable recommendation, seconded by Committee Member Davis, and carried by a vote of five (5) ayes. Committee member Troy Warner -Aye Committee member Rachel Tomas Morgan -Aye Committee Chair Sheila Niezgodski -Aye Committee Vice-Chair Eli Wax -Aye Committee Member Oliver Davis -Aye With no further business, Committee Chair Sheila Neizgodski adjourned the Personnel and Finance Committee meeting at 3:46 p.m. Respectfully Submitted, Sheila Niezgodski, Committee Chair '1ITl'ICF f'QR Ht':.\RD"G ANP SIGHT IMPAIBFD PFBSONS Auxili ary Ai d or Other Services ma y be Available upo n Reqm,-st at No Charge. P\casc giv<' Reasonable Adu nee Requ est when Possibl e EXCEL LENCE I ACCOUNTABILITY INNOVAT ION INCLUSION I EMPOWERMEN T 455 County-City Build ing 227W Jefferson Bvld South Bend. lndiana46601 p 574.235 .9221 f574.235.9173 'TTD574.235.5567 www.southbendin.gov 2