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Home My WebLink AboutFixing the Tax Levy for the Year 1956 Civil City of South BendORDINANCE No. 4061 Passed by the Common Council of the City of South Bend, Presented by me to the Mayor of the City of South Bend, Clerk President of Common Council AUGUST 30TH. I9�55 e )/ , V�L� Approved and signed by me_ AUGUST 30TH. �gA5 -460'7 Clerk ORDINANCh.NO, 4061 AN ORDINANCE FIXING THE TAX LEVY FOR THE YEAR 1956<!) FOR THE CIVIL CITY OF SOUTH BEND, INDIANA4 BE IT ORDAINED, by the Common Council of the city of South Bend, Indiana: Section l That there be and hereby is levied the following^' amounts for 'the year 1956 on each One Hundred ('P1CO.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. PA 1,01T RELIEF TOTAL General Fund 1.30 1.30 Bond Fund .195 .195 Street €c Traffic Fund .00 ,00 Park Maintenance Fund .22 .22 . Park District Fund, .028 .028 Firemen's Pension Fund .09 .09 Police Pension Fund .083 ,083 Hospital Fund .03 .03 City Plan Commissions $009 .0.09 South Bend Art. Assn. Fund .005 005 Track Elevation Fund :025 _ _ .025 Totals !M2 .223 003 1.985 Section 2 That there shall be levied a Poll Tax of Fifty (50¢) cents on every male inhabitant of said City, sane and not a pauper, of the age of twenty -one years and not over the age of.fifty year. Section 3 This Ordinance shall be in full force and effect from and afte+ er its passage by the Common Council and its approval by the Mayor, and legal publication. .J _,s-S MEI.BER OF TIL C PION COUNCIL ra �_a 9 ., le BOND PRINCIPAL AND IN'P_EREST PAYI ENTS IN 1956 CIVIL CITY PRINCIPAL INTEREST TOTAL BALANCE OF Intercepter Sewer PRINCIPAL 12 -31 Intercepter Sewer 3,000,00 1,500.00 November, 1948 200,000.00 4.500.00 204,500.00 2002000.00 Intercepter Sewer 1,250.00 1,250.00 June, 1950 100,000.00 2,5oo.ao 102,500.00 100,000.00 Street Improvement 2,250,00 1,875.00 June, 1951 5o,000.00 4,125.00 54,125.00 2500000.00 Sanitation 469.00 JulY, 1953 50,000.00 469.00 503469.00 .00 Street Improvement 61250,00 6,250.00 August, 1954' 100 12,500.00 129500.00 1,000,000.00 TOTALFCIVIL CITY 400,000;00 24,094.00 42141094.00 1s55MOO.00 Park District 1933 171450,00 51971.44 23,421.44 132,700.00 Park District July,,1955 212cco,co 14,962.50 35,962.50 420,000.00 TOTAL 33,450.00 20,933.94 59,383.94 552,700.00 BOND PAYIENTS IN 1956 CIVIL CITY Ju_e�lj 1956 July 1t 1956 Dec ..1, 19.56 Intercepter Sewer November, 1948 200,000.00 Intercepter Sewer June, 1950 100,000.00 Street Improvement June., '1951 50,900.00 Sanitation ,A l ..'1953 50,000.00 TOTAL' 50,000.00 250,000.00 100,000.00 INTEREST PAYP,01TS IN 1956 CIVIL CITY June_1Z19r6 Julv itl 1956 Dec_ 1, 1956 Jan- 1,1957 Intercepter Sewer November, 1948 3,000,00 1,500.00 Intercepter Sewer - June, 1950 1,250.00 1,250.00 Street Improvement June ,1951 2,250,00 1,875.00 Sanitation - JulY, 1953 469.00 Street Improvement - August, 1954 61250,00 6,250.00 TOTAL 9,750.00 32469..00 9075.00 1,500.00 • • ♦ A PROPOSED TIEVIES CIVIL CITY OF SOUTH BAND. INDIANA Net Taxable Property 209,2202010.00 Total Levy on Property 1.985 will raise 4 ,01660312,00 Number of Polls 26,590 Levy on Polls .50 FUND Le Rate Pol s o arty �` l ount to be Rais ed General Fund .50 100 2,733,155.00 Bond Fund .195 407,979.00 Park Maintenance Fund .22 460,284.00 Park District Fluid .028 58,581.60 Firemen's Pension Fund 188,298.00 .09 Police Pension Fund .083 173,652.60 Hospital Fund .03 62,766.00 Street and Traffic Fund 100 100 City Plan Fluid .009 18,829.80 Art Association .005 10,461.00 Track Elevation .025 _ 52005.00 .50 1.985 44166,312.00 COMPARATIVE STATMENT OF TAX RATES AND VALUATIONS FUND 1952 1953 1954 1955 1956 " - 1956 209,220,010.00 Proposed General Fund 1.16 1,162 1.28 1.30 1.30 Bond Fund .168 .172 .211 120 .195 Street and Traffic Fund .055 .033 .016 100 100 Park Maintenance Fund 9122 .165 .185 .169 .22 Park District Fund .014 .012 .012 .012 .028 Firements Pension Fund .106 .092 .098 .094 .09 Police Pension Fund .05 .04 .076 .078 .083 Hospital Fund .03 .03 .03 .03 .03 City Plan Fund .003 .002 .012 .013 .009 Art Association Fund ,005 .005 .005 ,005 .005 Track Elevation .00 00 100 X00 .025 Totals 1.713 1,713 1,925 1.901 1.985 ASSESSED VALUATIONS 1952 193,137,846.00 1953 204,399,570.00 1954 208164,140.00 1955 209,547,030.00 1956 209,220,010.00