Laserfiche WebLink
SOUTH BEND (INDIANA) REDEVELOPMENT COMMISSION <br />STATEMENT DISCLOSING THE IMPACT OF AMENDING THE SOUTHSIDE <br />DEVELOPMENT AREA AND SOUTHSIDE ALLOCATION AREA <br />5 <br />NON-PROPERTY TAX IMPACTS <br />Additional local income taxes could be generated from any new jobs associated with the Future Development and <br />possible redevelopment of the Expansion Areas, assuming the new employees will be new residents of St. <br />Joseph County or from incremental growth in wages and income of current and new employees. Increases in <br />employees and wages, would, in turn, increase local spending and commercial activity. Additional revenue <br />sources, which would potentially increase as a result of new business enterprises which locate in the Amended <br />Area include food and beverage revenues, motor vehicle highway funds, local road and street funds, and excise <br />taxes.