Notice of Adoption of Ordinance 4863 to Establish the Annual Tax Rate for the City of Goshen Cumulative Building and Sinking Fund for Municipal Sewers The Goshen Common Council passed Ordinance 4863, Establish the Annual Tax Rate for the City of Goshen Cumulative Building and Sinking Fundfor Municipal Sewers on May 3, 2016. The Cumulative Building and Sinking Fund for Municipal Sewers Fund may be used for any or all the purposes specified by Indiana Code ^ 36-9-26-2 (a). To provide for the fund, the City of Goshen will levy a tax on all taxable property within the City of Goshen. The tax rate will not exceed Three and Thirty-three hundredths Cents ($0.0333) on each One Hundred Dollars ($100) of assessed valuation beginning with 2016 taxes payable in 2017 and continuing each year thereafter until reduced or rescinded. Not later than noon thirty (30) days after the publication of this Notice of Adoption, at least ten (10) City of Goshen taxpayers may file a petition with the Elkhart County Auditor stating their objections to the establishment of the annual tax rate for the Cumulative Building and Sinking Fund for Municipal Sewers. Upon the filing of the petition, the Elkhart County Auditor shall immediately certify the petition to the Indiana Department of Local Government Finance (DLGF). The DLGF will fix a date for a hearing on the petition and the City of Goshen's establishment of the annual tax rate for the Cumulative Capital Development Fund. After the hearing the DLGF shall certify approval, disapproval, or modification of the City of Goshen's proposal. June 7 hspaxlp
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