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HomeMy WebLinkAbout2015 Department of Local Government Finance - Budget OrderSTATE OF INDIANA DEPARTME NT OF LOCAL GOVERNMENT FINANCE 911k "IMTOWW" N, Year: 2015 County: 71 St. Joseph Unit: 0103 SOUTH BEND CIVIL CITY Unit Type: City /Town Fund Certified Budget Certified AV Certified Levv Certified Rate 0101 GENERAL. #101 $52,642,236 $2,230,375,068 $63,148,609. $2.8313 Budget approved for displayed amount. Rate reduced to remain within statutory levy limitation. 0341 FIREPENSION #701 $5,666,579 .$2,230,375,068 $0 $0.0000 Budget approved for displayed amount. 0342 POLICE PENSION #702 $6,832,235 $2,230,375,068 $0 $0.0000 Budget approved for displayed amount. 0706 LR &S #251 $1,592,500 $2,230,375,065 $0 $0.0000 Budget approved for displayed amount. 0708 MVH #202 $9,681,300 $2,230,375,068 $0 $0.0000 Budget approved for displayed amount. 0720 MAJOR MOVES SPC $1,330,000 $2,230,375,068 $0 $0.0000 #412 Budget approved for displayed amount. 1301 PARK &REC #201 $10,968,933 $2,230,375,068 $12,659,609 $0.5676 Budget approved for displayed amount. Rate reduced per unit request. 2379 CCI #407 $365,625 $2,230,375,068 $0 $0.0000 Budget approved. for displayed amount. IC 6- 1.1- 18.5 -17 and IC 20 -44 -3 require that each year the Department of Local Government Finance will certify to each unit of local government figures which shove one hundred percent (100 %) of the tax levy for each fund. If the property taxes received exceed one hundred percent (100 %) of the levy, the excess shall he receipted to the "rlevy Excess Fund" unless the amount is less. than $100.00 in any calendar year. 2/13/2015 Page 16 of 47 Year: 2015 County: 71 St. Joseph Unit: 0103 SOUTH BEND CIVIL CITY Unit Type: City /Town Fund Certified Bud ,-et Certified AV 2391 CCD # 4 0 6 ,$542,691 $2,230;375,068 Budget approved for displayed amount. Cum Rate reduced according to calculation described in IC 6 -1.1- 18.5 -9.8. Unit Total: Certified Levy $724,872 $76,5339090 Certified Rate $0.0325 $3.4314 IC 5 -1.1- 18.5 -17 and IC 20 -44 -3 require that each year the Department of Local Government Finance will certify to each unit of local government figures which show one hundred percent (100%) of the tax levy for each fund. If the property taxes received exceed one hundred percent (100 %) of the levy, the excess shall be receipted to the "Levy Excess Fund" unless the amount is less than $100.00 in any calendar year. 2/13/2015 Page 17 of 47 STATE OF INDIANA DEPARTMENT OF LOCAL GOVERNMENT FINANCI 2015 BUDGET ORDER Year: 2015 County: 71 St.7oseph Unit: 0988 . SOUTH BEND REDEVELOPMENT COMM1SSiON Unit Type: Special Fund Certified Budget 8485 EX SP REDEV DEB $1,266,820 #313 — Hall of Fame Debt Service Budget approved for displayed amount. Underestimate of taxes to be collected. Rate reduced. Certified AV Certified Levy $2,230,375,068 $1,532,268 Unit Total: $1,532,268 Certified Rate $0.0687 $0.0687 IC 6- 1.1- 18.5 -17 and IC 20 -44 -3 require that each year the Department of Local Government Finance will certify to each unit of local government figures which shown one hundred percent (100 %) of the tax levy for each fund. If the property taxes received exceed one hundred percent (100 %) of the levy, the excess shall be reeeipted to the "Levy Excess Fund" unless the amount is less than $100.00 in any calendar year. 2/13/2015 Page 46 of 47 City of South Bend Property Tax Rates & DLGF Tax Revised - February 17, 2015 Approved Approved 2013 pay 2014 2014 pay 2015 DLGF Levy Levy Code Fund Name Rate $ Rate $ 0101 General 2.79770% 61,032,119 2.83130% 63,148,609 1301 Parks & Recreation 0.56080% 12, 233, 911 0.56760% 12, 659, 609 0341 Fire Pension 0.00000% - 0.00000% - 0342 Police Pension 0.00000% - 0.00000% - 2391 Cum Capital Development 0.03280% 715,535 0.03250% 724,872 Civil City 3.39130% 73,981,565 3.43140% 76,533,090 8485 Redevelopment Sond (HoF) 0.03790% 826,792 0.06870% 1,532,266 Total 3.42920% 74,808,357 3.50010% 78,065,358 Net Assessed value 2,209,726,672 2,230,375,068 Change in Net AV -6.81% 0.93% City of South Bend 2/17/2015 Page 21 City of South Bend Property Tax Rates & DLGF Tax Levy (before circuit breaker reductions) Revised - February 17, 2015 Approved Approved Approved Approved Approved Approved 2007 pay 2008 2008 pay 2009 2009 pay 2010 2010 pay 2011 2011 pay 2012 2012 pay 2013 DLGF Levy Levy Levy Levy Levy Levy Code Fund Name Rate $ Rate $ Rate $ Rate $ Rate $ Rate $ 0101 General 1.78923% 53,248,815 1.97770% 53,009,727 2.25360% 55,292,202 2.43810% 56,668,721 2- 49540% 58,390,366 2.56780% 60,007,093 1301 Parks & Recreation 0.29737% 8,850,046 0.36560% 9,799,442 0.44010% 10,797,878 0.48180% 11,198,470 0.49570% 11,598,984 0.51020% 11,922,899 0341 Fire Pension 0.05780% 1,720,100 0.01170% 313,604 0.00000% - 0.00000% - 0.00000% - 0.00000% - 0342 Police Pension 0.05710% 1,699,304 0.01890% 506,590 0.00000% - 0.00000% - 0.00000% - 0.00000% - 2391 Cum Capital Development 0.03414% 1,016,017 0.03420% 916,687 0.03420% 839,099 0.03420% 794,910 0.03280% 767,494 0.03280% 766,505 Civil City 2.23563% 66,534,282 2.40810% 64,546,050 2.72790% 66,929,179 2.95410% 68,662,101 3.02390% 70,756,844 3.11080% 72,696,497 8485 Redevelopment Bond (HoFJ 0.05311% 1,580,471 0.05590% 1,498,328 0.06720% 1,648,756 0.07270% 1,689,765 0.05090% 1,191,019 0.05990% 1,399,807 Total 2.28874% 68,114,753 2.46400% 66,044,378 2.79510% 68,577,935 3.02680% 70,351,666 3.07480% 71,947,863 3.17070% 74,096,304 Net Assessed value 2,976,080,798 2,668,867,419 2,453,505,573 2,324,451,862 2,380,874,608 2,371,087,697 Change in Net AV - 10.32% -8.07% - 5.26% 2.43% -0.41%1 City of South Bend 2/17/2015 Page 1] From: Specialdistricts <specialdistricts- bounces @lists.in.gov> on behalf of Schaafsma, Courtney L <CSchaafsma @dlgf.IN.gov> Sent: Monday, February 16, 2015 3:43 PM To: Banks, Jenny Subject: [Specialdistricts] February 16 email from Commissioner Schaafsma Attachments: ATT00001.txt Dear Local Officials, law excited to announce that the De)artment has completed its 2015 budget revien, for all counties. Yesterc7aI, on. Febr•t.ta y 15, our statutory deadline, ive sent out all rernainirag bzrc� &et orders. For the Department; meeting this goal marks the completion of the Department's budget review process.for the 2015 budget year — a process that started 11 months ago with the review of sales disclosure data, followed by ratio study approvals and ultimately certification of budgets for over 2,400 local units. Afeeting this deadline this year is particularly special., as this is the first time since 2002 that all 92 counties have received a budget order by February 15. Throughout this entire process, the Department has depended upon all local units to timely and accurately complete their tasks and responsibilities. We thank all of you involved in your local budget adoption process and, in particular, those individuals that serve as the Department's main contacts for each unit. Your responsiveness. to our requests andyour review of the preliminmy budget order (1782 Notice) is imperative for us to be able to complete our work efficiently and correctly. In addition, I would like to extend an additional thankyou to the county assessors, auditors and treasurers for your roles in assessed value certification, tax billing and settlement, as your completion of these tasks truly benefits all taxing units in your county. Of course, The work -is not yet done. From here, county auditors and treasurers will be working on calculating tax bills and sending the bills out by April 17 in order to achieve on -time billing for the 2014 Pay 2015 tax year. At the same time, county assessors are already working on assessed values for the 2015 Pay 2016 tax year. The Department, too, has .also already started to focus on the next cycle that will officially begin in only a few short weeks. If you have suggestions as to how we can improve our processes going forward or ways in which the Department can provide additional assistance to taxpayers or local units, we are always happy to hear such comments. We could not have gotten to where we are today without your involvement and dedication. We look forward to con_ tinuing to work with each of you so all of us can see continued success in the future. This week's e -mail includes information on the following: ® Reminder — Past memos and presentations available online ®- Calendar Due Dates Reminder - ® Debt Report Deadline Approaching . © 2014_ pay 2015 Budget Certification Status o Reminder — Past memos and presentations available online As a reminder, all past memoranda and presentations are available on the Department website at:littp://w-ww.in.gov/dlvf/2444.litm. m Calendar Dace ,Dates Reminder STATE OF INDIANA DEPARTMENT OF LOCAL GOVERNI 1'IENT FINANCE TO: St. Joseph County Auditor FROM: IDepartf neat of Local Government Finance RL+': 2015 Certified Budget Order DATE: Friday, February 13, 2015 INDIANA GOVERNTMENT CENTER NOXfH 100 NORTH SENATE AVENUE N1058(B) INDIANAPOLIS, IN 46204 PHONE (317) 232 -3777 FAX (317)974 -1629 Enclosed is the certified 2015 Budget Order for your county. Please make one copy of all rates, levies and budget for retention in the County Auditor's office. We ask that you forward the original certification to each taxing unit in the county. The following events occurred that led to the issuance of this order: - County Assessor delivered the ratio study to the DLGF on Monday, June 23, 2014 - Ratio study was approved by the DLGF on Wednesday, July 09, 2014" - County Auditor certified net assessed values to the DLGF on Friday, October 17, 2014 - DLGF certified the Budget Order on Friday, February 13, 2015 Your county is the 81st of 92 counties to receive a 2015 Budget Order. Pursuant to IC 6- 1.1 -22 -4, the County Treasurer must advertise a notice of final tax rates charged, three times, with each publication one week apart. The notice shall be printed in two newspapers, which are published in the county. If only one newspaper is published in the county, then publication.in one newspaper is sufficient. The County Treasurer must publish the first notice at least 15 days before the first installment of taxes is due. Additionally, IC 6- 1.1- 22- 8.1(c) requires the County Treasurer to mail the property tax balls at least 15 business days before the first installment of taxes is due. This is a statutory change from last year's requirements. STATE OF INDIANA DEPARTIVIE NT OF LOCAL GOVERNMENT FINANCE IN THE MATTER OF THE BUDGET AND TAX RATES FOR 2014 PAYABLE 2015 FOR ST. JOSEPH COUNTY THIS DEPARTMENT NOW ORDERS the attached budgets and rates for the various taxing units in the above- mentioned county shall be the budgets and rates for the year 2015. The County Auditor is directed to prepare the tax duplicate in accordance with this Order. Each of the several legislative bodies and the administrative officers of eacb.L of the municipal corporations are directed to allocate the funds to be derived in such a manner that the . . expenditures for the ensuing year shall not exceed the amount to be derived from the attached rates and no expenditures shall exceed the maximum included in the. separate and several budget classifications. Nor may alterations be made in any budget or any separate budget classifications, other than specified in this Order, except as provided for in IC 6- 1.1 -15 -5. The County Auditor is directed to incorporate this Order in the minutes of the Tax Adjustment Board, if applicable, and make it a part of the permanent record to be used in the preparation of the tax duplicate. The Auditor shall furnish to the administrative head of each taxing unit a certificate of information concerning the final rate and budget as it }nay have been adopted by the Tax Adjustment Board, if applicable, or by the order of the Department of Local Government Finance. Dated this i day ofyQ_�✓ DEPARTMENT OF LOCAL GOVLRNIV E4 NT FMANCE Courtney L. Schaafsma,.Commissioner