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Home My WebLink AboutPublic Transportation Corporations 2014 Budget December 31, 2014ORDINANCE No. 10256 -13 Passed by the Common Council of the City of South Bend, Indiana Attest: Vc 66,w 14, 20 13 JOHN VOORDEDao, �h& Presented by me to the Mayor of the City of South Bend, Indiana O�tobe�7S 201 City Clerk President of Common Council JOHN VOORDE Approved and signed by me O C T 03 2 �c- - le 20 l3 City Clerk ORDINANCE NO. � D2,-Do —0 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING, ADOPTING AND APPROVING THE SOUTH BEND PUBLIC TRANSPORTATION CORPORATION'S 2014 BUDGET AND LEVYING THE TAX AND FIXING THE RATE OF THE TAXATION FOR THE PURPOSE OF RAISING REVENUE TO FUND THE SOUTH BEND PUBLIC TRANSPORTATION CORPORATION, SOUTH BEND, INDIANA, FOR THE FISCAL YEAR ENDING DECEMBER 31, 2014 Pursuant to Indiana law, the South Bend Public Transportation Corporation is required to submit its proposed budget and tax levy to the Common Council of the City of South Bend for adoption. Specifically, Indiana Code § 6- 1.1 -17 -20 requires that the South Bend Public Transportation Corporation, as a political subdivision governed by a majority of unelected officials, submit its proposed budget and property tax levy to the Common Council of the City of South Bend. Pursuant to Indiana Code § 6- 1.1- 17- 20(e), the Common Council of the City of South Bend is required to review the South Bend Public Transportation Corporation's budget and proposed tax levy and adopt a final budget and tax levy for the South Bend Public Transportation Corporation. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, as follows: SECTION 1. The South Bend Public Transportation Corporation's budget for the year ending December 31, 2013 in the sum of $12,136,126.00, as shown on Budget Form 4 -A, filed with the Common Council on August 28, 2013, is appropriated, adopted, approved and ordered set apart out of the several funds herein named and for the purposes herein specified, subject to the laws governing the same. Such sums herein appropriated shall be held to include all expenditures authorized to be made during the year, unless otherwise expressly stipulated and provided for by law. In addition, for the purpose of raising revenue to meet the necessary expenses of the South Bend Public Transportation Corporation, a total property tax levy of $3,922,136.00 and a total tax rate of 0.1259 as shown on Budget Form 4 -B are also appropriated, approved and adopted. SECTION 2. This Ordinance shall be in full force and effect from and after its passage by the Common Council of the City of South Bend and approved by the Mayor. Member, South Bend Common Council Attest: City Clerk Presented by me to the Mayor of the City of South Bend, Indiana on the 1 ? day of 2013, at 50 o'clock _q_. m City 'lerk, Deputy Approved and signed by me on the /9 day of ° T ° B £ 2 , 2013, at S o'clock, P .m 04�44 Mayor, Ci of Sq)OfBend, Indiana 1 st READING PUBLIC HEARING q,-L3 13 3 rd READING to —L NOT APPROVED REFERRED PASSED Filed Pnl Clerk's Office AUu 2 7 2093 JOIsw `1C1€ NVE CITY CLERK, SOUTH BEND, IN TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 47 -13 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING, ADOPTING AND APPROVING THE SOUTH BEND PUBLIC TRANSPORTATION CORPORATION'S 2014 BUDGET AND LEVYING THE TAX AND FIXING THE RATE OF THE TAXATION FOR THE PURPOSE OF RAISING REVENUE TO FUND THE SOUTH BEND PUBLIC TRANSPORTATION CORPORATION, SOUTH BEND, INDIANA, FOR THE FISCAL YEAR ENDING DECEMBER 31, 2014 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. This bill was heard by the Personnel & Finance Committee. Karen L. White Chairperson, Committee of the Whole South Bend Public Transportation Corporation Via Hand Delivery August 28, 2013 Mr. Derek D. Dieter President - City of South Bend Common Council County - City Building - Room 400S South Bend, IN 46601 Dear President Dieter: Enclosed an original and several copies of: Filed In Clerk's c,?��qqflhc : ril;, •',' 2CiJ i c Jt)t & fcb 3,Dt CITY CLEF I;, AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROPRIATING, ADOPTING AND APPROVING THE SOUTH BEND PUBLIC TRANSPORTATION CORPORTATION'S 2014 BUDGET AND LEVYING THE TAX AND FIXING THE RATE OF THE TAXATION FOR THE PURPOSE OF RAISING REVINUE TO FUND THE SOUTH BEND PUBLIC TRANSPORTATION CORPORATION, SOUTH BEND, INDIANA, FOR THE FISCAL YEAR ENDING DECEMBER 31, 2014 Due to a recent enactment of Indiana law, Transpo is required to submit its proposed budget and tax levy to the City of South Bend Common Council (the "Council ") for adoption by the Council. Specifically, Indiana Code § 6- 1.1 -17 -20 requires that Transpo, as a political subdivision governed by a majority of unelected officials, submit its proposed budget and property tax levy to the Council for adoption. Pursuant to I.C. § 6- 1.1- 17- 20(e), the Council should review Transpo's budget and proposed tax levy and adopt a final budget and tax levy for Transpo. I.C. § 6- 1.1 -17 -3 sets forth the publication requirements relating to the Council's adoption of Transpo's budget and levy. Pursuant to this code section, the first publication of Transpo's budget must occur by September 6, 2013 and the second publication must be made by September 13, 2013. Transpo's Board of Directors will vote to approve the budget and levy after it is formally adopted by the Council. Transpo's Board of Directors will vote to approve the budget and levy at Transpo's regularly scheduled monthly Board meeting on October 21, 2013. Transpo's budget was filed with the Common Council on August 28, 2013. Transpo will present this Ordinance to the Council. In attendance will be myself along with our Controller, Christopher Kubaszak. Tranppo's General Counsel, Jamie C. Woods, may also attend along with Members of Transpo's Board of Directors. On behalf of Transpo's Board of Directors, the Council's assistance in this budget process is greatly appreciated. Sincerely. David Cangany General Manager, South Bend Public Transportation Corporation (574) 232 -9901 . FAX (574) 239 - 2309.1401 S. Lafayette Blvd. • P.O. Box 1437 • South Bend, IN 46624 South Bend Public Transportation Corporation Via Hand Delivery August 28, 2013 Mr. Derek D. Dieter President - City of South Bend Common Council County - City Building - Room 4005 South Bend, IN 46601 Dear President Dieter: Enclosed are two (2) copies of the South Bend Public Transportation Corporation's ( "Transpo's ") 2014 Operating and Capital Budget. Due to a recent enactment of Indiana law, Transpo is required to submit its proposed budget and tax levy to the City of South Bend Common Council (the "Council ") for adoption by the Council. Specifically, Indiana Code § 6- 1.1 -17 -20 requires that Transpo, as a political subdivision governed by a majority of unelected officials, submit its proposed budget and property tax levy to the Council for adoption. Pursuant to I.C. § 6- 1.1- 17- 20(e), the Council should review Transpo's budget and proposed tax levy and adopt a final budget and tax levy for Transpo. I.C. § 6- 1.1 -17 -3 sets forth the publication requirements relating to the Council's adoption of Transpo's budget and levy. Pursuant to this code section, the first publication of Transpo's budget must occur by September 6, 2013 and the second publication must be made by September 13, 2013. Transpo's Board of Directors will vote to approve the budget and levy after it is formally adopted by the Council. Transpo's Board of Directors will vote to approve the budget and levy at Transpo's regularly scheduled monthly Board meeting on October 21, 2013. On behalf of Transpo's Board of Directors, the Council's assistance in this budget process is greatly appreciated. As I have expressed to the City of South Bend's Controller, I am willing to assist in this process in any manner whatsoever. Please contact me if you would like to discuss any aspect of the adoption of Transpo's budget. Sincere , Christopher Kubaszak Controller, South Bend Public Transportation Corporation (574) 232 -9901 . FAX (574) 239 - 2309.1401 S. Lafayette Blvd.. P.O. Box 1437 . South Bend, IN 46624