HomeMy WebLinkAboutFixing the Tax Levy for the Year 1955ORDINANCE N
Passed by the Common Council of the City of South Bend,
4003 (AS AMENDED)
Clerk
of Common Council
Presented by me to the Mayor of the City of South Bend,
AUGUST 31STI, 10
4-
Approved and signed by me AUGUST 31ST. 19364
-490-r
Clerk
Crdi.nance no. O d 3
AN ORDINANCE FIXING THE TAX LEVY FOR THE YEAR 1955
FOR THE MUNICIPAL CITY OF SOUTH BEPID, INDIANA
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 for t e 19"55 on each One Hundred ($100,00) Dollars of
assessed valuation of property in the City of South Bend, Indianap
as fixed by the officers of St. Joseph County and State Of Indiana
for the object named.
DEBT POOR
MAINT. PAYrENT RELIEF TOTAL
General Fund
1.3i
X33
1,3,
Bond Fund
.20 120
Street & ;Traffic Fund
.00
000
Park Maintenance Fund .
1181
0181
Park District Fund
.012 .012
Firemen's Pension Fund
.02V vi
via
y
Police Pension Fund
Hospital Fund
.03 003
City Plan Commission
.013
.013
South Bend Art. Assn, Fund
.005
.005
Totals ir71$ .212 ,03 X96
1,�s1
Section 2. That there shall be'levied a Poll Tax of Fifty
(50¢) cents on every a inhabitant of said City, sane and not a
pauper, of the age of twentyone years and not over the age of fifty
year.
Section 3. This Ordinance shall be in full force and effect
from and after s
by the Mayor. passage by the Common Council and its approval
` '.
Member of the u079K Counc
CIVIL CITY
BOND PRINCIPAL AND INTEREST PAYMENTS IN 1955
PRINCIPAL
Intercepter Sewer Ncv.1948 200,000.00
Intercepter Sewer June,1950 100,000 00
Street Improvement Junss1951 50,000.00
Sanitation July,1954 50,000.00
St. Improvement, 1954(Proposed) 400
Total Civil City 4007 0.00
Park District Bonds 17 450.00
Grand Total 411',450* 0
INTEREST
7,500,00
3,750.00
4,875.00
1,406,50
2,�00,,�00.00
37,53 . 0
TOTAL
207,500.00
103,750.00
54,875.00
51,406.50
20 00000
437,'53:L!50
BALANCE OF
PRINCIPAL 12/31
400,000.00
200,000.00
300,000.00
50,000.00
1 000 000.00
,9 0,0 .0
6-756068 2 2006,68 167 600.00
tMold' '736,16 2s , 00.00
INTEREST PAYMENTS IN 1955 CIVIL CITY - /�f
Jan 1, June 1, _ Julyl, 3
3? a .qua
Intercepter Sewer- Nov,1948 4,500.00 4,500.00
Intercepter Sewer -June, 1950 1,875.00
Street Improvement- June,1951 2,625.00
Sanitation » July, 1953 937.00 938.00
Street Improvement- 1954(Proposed ) 12 500.00
Total 5,o437.00 , 0.00 , M .00
70
"y.rz-
Dec.l,l
1,875.00
2,625.00
BOND PAYMENTS
IN 1955 CIVIL CITY
June 1,1954
July 1, 1"4t
Dec* 1, l
r�ss'
iyrr
qtr.
Intercepter Sewer
Nov, 1948
200,000.00
Intercepter Sewer
June,, 1950
100,000000
Street Improvement
June, 1951
50,000100
Sanitation July,
1953
50,000.00
Street Improvement
1954(Preposed)
(None)
Total
5UsOCU,00
0,
0 ,0
INTEREST PAYMENTS IN 1955 CIVIL CITY - /�f
Jan 1, June 1, _ Julyl, 3
3? a .qua
Intercepter Sewer- Nov,1948 4,500.00 4,500.00
Intercepter Sewer -June, 1950 1,875.00
Street Improvement- June,1951 2,625.00
Sanitation » July, 1953 937.00 938.00
Street Improvement- 1954(Proposed ) 12 500.00
Total 5,o437.00 , 0.00 , M .00
70
"y.rz-
Dec.l,l
1,875.00
2,625.00
PROPOSED LEVIES
CIVIL LITY OF SOUTH BEND. INDIANA
X:t Taxable Property 211,340,900900
Total Levy on Property $1.96-will raise 4,142'281.64
Number of Polls 25,789
Levy on Polls 50¢
FUND
Rate
Lev�,��
Polls aperty
Amount o Ee a3sed
General Fund
$60 x;1.33
$21810,833.97
Bond Fund
.20
422,681,80
Park Maintenance Fund
1181
382,527.03
Park District Fund
.012
25060.90
Firemen's Pension Fund
.11
232,474.99
Police Pension Fund
.079
166,959.31
Hospital Fund
.03
63,402.27
Street and Traffic Fund
.00
.00
City Plan Fund
.013
27,474.32
Art Association Fund
.005
10,567.05
$.50 1.96
X4,142,281.64
COMPARATIVE STATEMENT OF TAX RATES AND VALUATIONS
F?fiD
1951
1952
1953 1954
1955
t.
Proposed
G.neral Fund
,973
1.16
1.162 1.28
1.33
3ond Fund
020
.168
•172 1211
020
Street & Traffic Fund
.021
.055
.033 .016
100
Park Maintenance Fund
0135
.122
•165 .185
0181
Park District Fund
.014
.014
1012 .012
1012
Fireman!& Pension Fund
007
0106
.092 0098
071
Police Pension Fund
.038
.05
.04 .076
.079
Hospital Fund
.03
.03
.03 103
003
City Plan Fund
0002
.003
.002 1012
.013
Art Association Fund
.005
.005
.005 , .005
.005
Totals
1.488
10713
1.713 1.925
1.96
ASSESSED VALUATIONS
1951
183,4100650.00
1952
193,137,846.00
1953
204,399,570000
1954
208,164,140.00
1955
211,340,900.00