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Bill No. 22-12 Resolution Regarding Business Property Tax
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Bill No. 22-12 Resolution Regarding Business Property Tax
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2/24/2022 11:59:01 AM
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2/23/2022 4:41:53 PM
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City Council - City Clerk
City Council - Document Type
Ordinances
Bill Number
22-12
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Sl won L. Mc Brid e <br />Pre sid e 11l <br />Sh e il a N iezgod ski <br />Vice P res idcnl <br />Canne th Lee <br />C ha irpe rson, Committee <br />or the \tVh olc <br />Cann eth Lee <br />First Distr ict <br />H e nry D av is, Jr. <br />Second Distri ct <br />Sharon L. M c Bri d e <br />Third Dist ri ct <br />Troy \tVam er <br />Fo urth Di str ic t <br />Eli W,L"\ <br />Fifth Distr ic t <br />She il a N iezgocl ski <br />Si xth Di stri ct <br />Kar e n L. \V hitc <br />A t L,Lrge <br />Rac hel Tomas Mo rgan <br />A l Large <br />Lo ri K H ,urnu rn <br />Al La rge <br />City of South Bend <br />Common Council <br />1l!t.1 Coun ty -C ity Building • 227 W . J ellerso n Bin i <br />South Be ll(!, Indi a n a 4660 l <br />February 23, 2022 <br />Filed i•-r; , k's Office <br />r FEB 2 ';~0~2 I <br />I. -·--~ --.. _j D/.1.\vl i, jU _1 -> South Bend Common Council <br />4th Floor, County-City Building <br />South Bend, IN 46601 <br />CI TY CLEfH<, SOUTH i:3END, IN <br />Re: A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF <br />SOUTH BEND, INDIANA, CALLING FOR FULL REPLACEMENT OF <br />FUNDS AVAILABLE TO THE CITY, GUARANTEED BY THE STATE, <br />FOR ANY CHANGES IN FUNDING RES UL TING FROM ANY CHANGES <br />IN INDIANA'S BUSINESS PERSONAL PROPERTY TAX LAWS <br />Dear Council Members: <br />As you know, the Indiana General Assembly is considering changes in the Indiana <br />Business Personal Property Tax laws, including the possible elimination of the tax . <br />Proceeds from this tax help fund local governments, including the City of South <br />Bend. <br />Whether changes in the tax laws will benefit the state of Indiana is a decision that <br />rests with the legislature . However, elimination of the tax without guaranteed <br />replacement funds will reduce the funding available to the City by an estimated $16 <br />million. <br />This resolution does not oppose the possible changes in the business personal <br />property laws but does express the Council 's opposition to changes without a <br />method of full guaranteed replacement funds for the City . The well-being of the <br />City and its residents depends on continued funding for City Services . <br />I ask that this proposed resolution be considered by the Personnel and Finance <br />Committee on February 28 , 2022, followed by consideration by the entire Council <br />at the full meeting later that evening. <br />Thank you for your consideration. <br />Sincerely yours, <br />(?4J.Tv:~~ .... Rachel Tomas organ, Sout encl <br />Common Council, Member At Large <br />(57 1-) 2:-l.'i -9:·32 I • F<L, (57 t.) 2:-l5 -9 I 7:3 • TDD (57tl.) 2(l5-55ti7 • hup://mrw.so uthhrndin .go ,·
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