HomeMy WebLinkAboutProposing & Voting in Favor of Ordinance of St. Joseph County Income Tax Imposing Homestead Credit IncreaseRESOLUTION
1924 -92
Passed by the Common Council of the City of South Bend, Indiana
March 16 19 92 .
Attest: 7 _ City Clerk
Attest: ^u'° �' / President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
March 17 19 92 .
City Clerk
Approved and signed by me _ _ _ >> I 19 �.
S
Mayor
RESOLUTION NO 19,2 J1 - ?Z
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY
OF SOUTH BEND PROPOSING AND VOTING IN FAVOR OF AN ORDINANCE
OF THE ST. JOSEPH COUNTY INCOME TAX COUNCIL
IMPOSING THE COUNTY OPTION INCOME TAX, HOMESTEAD CREDIT INCREASE
AND ECONOMIC DEVELOPMENT INCOME TAX IN ST. JOSEPH COUNTY
WHEREAS, the Common Council of the City of South Bend recognizes
that the Indiana Legislature has passed legislation which provides
for the County Option Income Tax, Homestead Credit Increase and
Economic Development Income Tax; and
WHEREAS, in order to continue to provide essential governmental
services to all residents of St. Joseph County, Indiana, and in
connection of the Mayor's recommendation that there is a financial
need to impose the County Option Tax, Homestead Credit Increase and
Economic Development Income Tax in St. Joseph County.
NOW, THEREFORE BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY
OF SOUTH BEND, INDIANA AS FOLLOWS:
SECTION I. The Common Council of the City of South Bend proposes
and casts its 42.71 votes for the proposed ordinance of the St.
Joseph County Income Tax Council which reads as follows:
AN ORDINANCE IMPOSING A COUNTY OPTION
INCOME TAX, HOMESTEAD CREDIT INCREASE
AND ECONOMIC DEVELOPMENT INCOME TAX
FOR ST. JOSEPH COUNTY, INDIANA
STATEMENT OF PURPOSE & INTENT
Whereas, the St. Joseph County Income Tax
Council, pursuant to IC 6 -3.5 -6 and -7, has
determined that it will be in the public interest
to impose a county option income tax, homestead
credit increase and economic development income
tax for St. Joseph County to provide funding for
needed governmental services to all residents of
St. Joseph County, Indiana; and
Whereas, the members of the St. Joseph County
Income Tax Council are the South Bend Common
Council, Mishawaka Common Council, the St. Joseph
County Council, and other local units;
NOW, THEREFORE, BE IT ORDAINED BY THE ST.
JOSEPH COUNTY INCOME TAX COUNCIL OF ST. JOSEPH
COUNTY, INDIANA, as follows:
SECTION I. The St. Joseph County Income Tax
Council imposes the County Option Income Tax on
the county taxpayers of St. Joseph County. The
County Option Income Tax is imposed at a rate of
Two- tenths of one percent (0.2 %) on the resident
county taxpayers and at a rate of Five - hundredths
of one percent (0.05 %) on all nonresident county
taxpayers. This tax takes effect July 1 of this
year, 1992.
SECTION II. The county option income tax is
imposed on the county taxpayers of St. Joseph
County at the following rates for subsequent years
as follows:
Resident Nonresident
Cty Cty
Taxpayers Taxpayers
July 1, 1993 to June 30, 1994
0.3% 0.075%
July 1, 1994 to June 30, 1995
0.4% 0.1%
July 1, 1995 to June 30, 1996
0.5% 0.125%
July 1, 1996 to June 30, 1997
and subsequent years
0.6% 0.15%
SECTION III. The St. Joseph County Income
Tax Council hereby increases the percentage credit
allowed for homesteads in St. Joseph County under
IC 6 -1.1- 20.9 -2 in accordance with the following
schedule:
For Property Taxes payable in 1993 from 4% to 8 %.
For Property Taxes payable in 1994 from 8% to 9 %.
For Property Taxes payable in 1995 from 9% to 10 %.
For Property Taxes payable in 1996 from 10% to
11 %.
For Property Taxes payable in 1997 and thereafter
from 11% to 12 %.
This shall take effect January 1, 1993.
SECTION IV. The St. Joseph County Income Tax
Council imposes the county economic development
income tax on the county taxpayers of St. Joseph
County. The county economic development income
tax is imposed on the county taxpayers of the
county as follows:
One tenth of one percent (0.1 %) effective July 1,
1993.
Two tenths of one percent (0.2 %) effective July 1,
1994.
Three tenths of one percent (0.3 %) effective July
1, 1995.
Four tenths of one percent (0.4 %) effective July
1, 1996 and thereafter.
SECTION V. If any part, section, subsection,
sentence, clause or phrase of this Ordinance is
for any reason declared unconstitutional or
otherwise invalid, such decision shall not affect
the validity of the remaining portions of this
Ordinance.
SECTION VI. This Ordinance shall be in full
force and effect from, and after its adoption by
the St. Joseph County Income Tax Council.
SECTION II. This resolution shall be in full force and effect
from and after its adoption by the Common Council and approval by the
Mayor.
Member, Common Council
PREBEPNTED
NOT APPROVED
ADOPTED
3- IG -4a
9- /ell-f�
Filed in Clerk's Office
WIR 41532
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