HomeMy WebLinkAboutFixing the Tax Levy for the Year 1957ORDINANCE No. 4112
Passed by the Common Council of the City of South Bend,
27, 1956
Presented by me to the Mayor of the City of South Bend,
August 28, 1956 193
Clerk
of Common Council
Approved and signed by me August 28 1956
193—
1
Clerk
ORDINANCE NO. _
AN ORDINANCE FIXING THE TAX LEVY FOR THE YEAR 1957
. FOR THE CML CITY OF SOUTH BENDS INDIANA 0,,)
BE IT ORDAINED., by the Common Council of the City of
- South Bend., Indiana:
Section 1. That there be and hereby is levied the following
amounts 7 =6 year 1957 on each 'One,Hundred ($100.00) Dollars of.
assessed valuation of property in the City of South Bend$ Indiana,
as fixed by the officers of St. Joseph County and State 'of Indiana
for the object named.
DEBT POOR
MAINT. PAYMENT RELIEF TOTAL
General Fund *jD l: 1,91 ` -0- -0- a�;fl /• /f y
Bond Fund ..0.. .265 -0- .265
Street and Traffic Fund -0- -0..
Park Maintenance Fund .18 -0- -0- .18
Park District Fund ..0- .033 •-O» .033
Fireman's Pension Fund 110 -0-1, -0- .10
Police Pension- Fund .08 r0- -0. .08
Hospital Fund -0- -0- .03 103
City Plan Commission .012 -0- -0- .012
South Bend Art Association Fund .005 -0- -0- .005
Track Elevation Fund .01 -0-. -0- .01
Totals 1.897 .298 .03 --
Section 2 That there shall be levied a Poll Tax of Fifty (.50¢) Cents
on eve�lnhabitant of said City�,sane and not a pauper., of the age of
twenty. -one years and not aver the age of fifty years.
Secticns 3 This Ordinance shall be in full force and effect from and
after x - assage'by the Common Council and its approval by the Mayor.9 and
legal publication.
L
BOND PRINCIPAL AND INTEREST PATWNTS IN 1957
CIVIL CITY
PRINCIPAL
INTEREST
TOTAL BALANCE OF
PRINCIPAL 12 -31 -57
Intercepter'Sewer
November, 1948 (Final)
200,000.00,
3,000.00
203,000.00
-0—
Intercepter Sewer
June, 1950 (Final)
100,000.00
1,250.00
101,250.00•
—0—
Street Improvement
June, 1951 (1959)
5o,0o0,o0
3,375.00
53,375.00
200,000.00
Street Improvement
August, 1954, (1960)
503000.00
7,500,00
57,5oo..00
9501000.00
Street Improvement
August, 1956
100,000,00
39,000,00
139,000,00
900,000.00
TOTAL CIVIL CITY
500,000.00
51,125.00
554,125.00 2,050,000.00
Park District
1933 (1964)
17,450.00
5,186.20
- 22,636.20.
115,250.00
Park District
July, 1955 (1976)
21,000.00
9,476,25
30,476.25
399,000.00
TOTAL PARK DISTRICT
38,450.00
14,662.45
53,112.45
514,25o.00
BOND PAYMENTS IN 1957 CIVIL
CITY
June 1, 1957 Julg 1, 1957
Dec. 1, 1957
Intercepter Sewer
November, 1948 (Final)
200,000100
Intercepter Sewer
June, 3,950 (Final)
1002000.00
Street Improvement
June, 1951 (.1959)
50,000.00
Street Improvement
August,. 1954 (196o)
50,000.00
.
Street Improvement
1956
1W' 000.00
TOTAL BOND PAYP ,9NTS
,i7b0
'20$.,000;0
.100.,500.05
INTEREST PAYMENTS IN 1957 CIVIL CITY
June 1, 1957
July 1, 1957 Dec. 1. 1957
. Jan. 1, 1958
Intercepter'Sewer
November, 1948
1,500.00
00
Intercepter Sewer
June, 1950
625.00
625.00
000
Street Improvement
June, 1951
1,875.E
4500.00
.00
Street Improvement
July, 1954 .
7x500.00
.00
Street Improvement
August, 1956 39.000,00
.00
Total Interest Payment
49 ;000.00
1,500.00
2,125.00
.00
PROPOSED LEVIES
CIVIL
CITY OF SOUTH BEND
INDI1tNA
Net Taxable Property
13212,939,130.00
Total Levy on Property 2,225
rate will raise
Number of Polls 27,158
Levy on Polls .5G
FUND
General Fund
Rate
POT TS Prooperty
.50
1.50
Amounn to be Raise
3) 194,1 o86.50
Bond Fund
.265
564,111.21
Park Maintenance Fund
118
383,290.38
Park District Fund
.033
700269.90
Firemen's Pension Fund
.10
212,939.10
Police Pension Fund
.08
170051.28
Hospital Fund
.03
63,881.73
Street and Traffic Fund
.01
21,293:.91
City Plan Fund
.012
25,552.69
Art Association
.005
103646.95
Track Elevation
O1
21,293..91
Totals
.50 _2.2/"
4,737,717.56
��'b7
COMPARATIVE STATEMENT OF TAX RATES AtM VALUATICNS
FUND
1953
1954 1955
1956
1957
Preposed
General Fund
1.162
1.28 1.30
1.287
1.50
Bond Fund
.172
.211 .20
.195
.265
Street and Traffic Fund
.033
.016 .00
.00
.01
Park Maintenance Fund
.165
.185 .169
9192
.18
Park District Fund
.012
.012 .012
.028
.033
Firements Pension Fund
.092
.098 .094
009
110
Police Pension Fund
.04
.076 .078
.083
.08
Hospital Fund
.03
.03 .03
.03
.03
City Plan Fund
.002
.012 .013
1009
.012
Art Association Fund
.005
.005 .005
.005
.005
Track Elevation
.00
100 .00
.025
.01
Totals
1.713
1.925 1.901
1.944
2.225
ASSESSED VALUATIONS
1953
2042399,570.00
1954
208,164,140.00
7/30/S6
1955
209,547,030.00
IsI & 2rd READING
COWITTEE Of THE WNW 91.17/$`
1956
208,329,200.00
- -
POeuD HEARING g/lils(e
1957
212,939,130.00
3rd READING 2 /17 /S'(,'
NOT vmvEb
REfERSEO
PASSED 1(`J.7/S4