Celebrating the successes of the previous 12 months and having a look to the demanding situations that lie forward: that used to be the focal point of the mayor’s annual monetary deal with to the Not unusual Council this night (Monday).
Mayor Buttigieg admits there are demanding situations forward, however there may be just right information from final 12 months.
The town spent not up to what it introduced in via tax earnings.
It additionally has a AA score, the similar score given to suburbs round Indianapolis. Buttigieg says that is outstanding in a low-income group.
He says town has been exempt from from a state tax cap since 2010.
That exemption leads to 2020 which means much less belongings taxes will likely be getting into town. It is projected to be a $2 million loss.
To handle this fiscal curb, town plans to seek out techniques to save lots of on well being care prices.
It’ll additionally enforce a comfortable hiring plan on town positions.
General, the mayor says South Bend is fiscally wholesome.
“So as to stay it that approach, we can must stay making tricky possible choices however a mixture of investments and the long run and taking care no longer spending greater than we want to,” mentioned Buttigieg. “Plus, making our products and services extra environment friendly has paid off and I believe it is going to be how we will beat a few of the ones monetary pressures within the years yet to come.”
The mayor additionally mentioned key tasks for this 12 months.
A pilot program to scale back the selection of panhandlers within the town handed this night.
It provides them a role keeping up public areas and parks for reimbursement.