HomeMy WebLinkAboutLevying Taxes and Fixing the Rate of Taxation for Purpose of Raising Revenue Year Ending December 31, 2016 ORDINANCE No . 10387-15
Passed by the Common Council of the City of South Bend, Indiana
October 12, 20 15
Attest: LA- ` cge City Clerk
JOHN VOORDE
Attest: - President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
October 13, 20 15
tom.-V areAk ,A City Clerk
JOHN VOORDE
Approved and signed by me O t-4a e/ 13 20 15
Mayor
Substitute t� f
ORDINANCE NO. l;D 3 ??-LU
AN ORDINANCE OF THE CITY OF SOUTH BEND, INDIANA, LEVYING TAXES
AND FIXING THE RATE OF TAXATION FOR THE PURPOSE OF RAISING
REVENUE TO MEET THE NECESSARY EXPENSES OF THE CIVIL CITY
OF SOUTH BEND FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2016
STATEMENT OF PURPOSE AND INTENT
It is necessary to pass this Ordinance in order to levy taxes and fix the rate of taxation for the purpose
of raising revenue to meet the necessary expenses for 2016.
NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF
SOUTH BEND, INDIANA,AS FOLLOWS:
SECTION I.There shall be levied upon each One Hundred Dollars of Assessed Valuation of
Taxable Property of the City of South Bend, Indiana,for the fiscal year 2015 to be collected in the year 2016
the following:
For CORPORATION GENERAL FUND,the sum of$3.6989 on each one hundred dollars of
Taxable Property.
For PARK AND RECREATION FUND,the sum of$0.7846 on each one hundred dollars of Taxable
Property.
For CUMULATIVE CAPITAL DEVELOPMENT FUND,the sum of$0.0560 on each one hundred
dollars of Taxable Property.
Total Civil City Rate$4.5395
For REDEVELOPMENT BOND(COLLEGE FOOTBALL HALL OF FAME),the sum of$0.0953 on
each one hundred dollars of Taxable Property.
Total Redevelopment Rate$0.0953
SECTION II.This Ordinance shall be in full force and effect from and after its passage by the
Common Council and approval by the Mayor.
Member of-!!}.° mon Council
Attest:
zarssidita
City Clerk
Substitute
Presented by me to the Mayor of the City of South Bend, Indiana on the 13 day
of l0c ,20t(� , at 2:i S's o'clock . m.
TA
day ty Clerk
Approved and signed by me on the I TAday of - ,2 0(r , at
4'33 o'clock 9 .m.
Mayor, City o ouch Bp., ndiana
Filed ip.... .:LPo ,��.�'Jffice
1st READING 1015
PUBLIC HEARING 'Ct—L1--ljJ _\ `- _j W
3 rd READING l(N-t 1 -t f'c Y� sitc - .�',""
NOT APPROVED CITY CLERK,SOUTH BEND,IN
REFERRED
PASSED 10--it ''Cg` «.S Sakis A
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
41-15 A BILL OF THE CITY OF SOUTH BEND, INDIANA,
LEVYING TAXES AND FIXING THE RATE OF TAXATION
FOR THE PURPOSE OF RAISING REVENUE TO MEET
THE NECESSARY EXPENSES OF THE CIVIL CITY OF
SOUTH BEND FOR THE FISCAL YEAR ENDING
DECEMBER 31, 2016
Respectfully report that they have examined the matter and that in their opinion,
this bill is being recommended to the full Council with no recommendation due to
a lack of a quorum.
This bill was heard by the Personnel & Finance Committee.
Karen L. White
Chairperson, Committee of the Whole
SpUT1(g�t
1200N COUNTY-CITY BUILDING ? O� 1p': PHONE 574/235-7678
227 W.JEFFERSON BLVD. f t 2 FAX 574/235-9928
SOUTH BEND,INDIANA 46601-1830- I U di.
1865 •..
CITY OF SOUTH BEND PETE BUTTIGIEG,MAYOR
DEPARTMENT OF ADMINISTRATION AND FINANCE
September 29, 2015
Mr. Tim Scott
President, South Bend Common Council
4th Floor County-City Building
227 W. Jefferson Blvd.
South Bend, IN 46601
Re: Ordinance Levying taxes and fixing the rate of Property Taxation to meet City Expenses
for the fiscal year ending December 31, 2016—Substitute Bill No. 41-15
Dear Council President Scott:
Attached herewith please find a substitute bill for consideration by the Common Council of the
City of South Bend fixing the property tax rate for the City of South Bend for the fiscal year
commencing January 1, 2016 and ending December 31, 2016. This tax rate will apply for
property tax assessments in fiscal 2015 with taxes payable in fiscal 2016.
Similar to prior years, this bill has been filed with the estimated property tax rates. The final
property tax rates for each municipality in the State of Indiana are determined by the
Department of Local Government Finance (DLGF) as part of the "1782" budget review process
which, according to the state budget calendar, must be completed in February, 2016. The actual
property tax rates will depend on the 2015/pay 2016 net assessed valuation of property in South
Bend.
This substitute bill was submitted for 1st read filing with the Common Council for the council
meeting on August 24, 2015, 2nd reading and public hearing at the council meeting on
September 28, 2015, with 3'd reading and council vote at the council meeting on October 12,
2015.
I will be available to discuss this bill at the appropriate sessions of the Personnel and Finance
Committee and other meetings of the South Bend Common Council.
((Respectfully submitted, Filed it C z-r' 'c[Ofifice
cr�. 29 Z01J
Jo H. Murphy Joke,: -
City Controller CITY CLERK,SOUTH REND,IN
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