Notice of Adoption of Ordinance 4900

The Goshen Common Council passed Ordinance 4900, Establish the Annual Tax Rate for the City of Goshen Cumulative Capital Development Fund on May 2, 2017. The Cumulative Capital Development Fund may be used for any or all the purposes specified by Indiana Code § 36-9-15.5-2. 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 Five Cents ($0.05) on each One Hundred Dollars ($100) of assessed valuation beginning with 2017 taxes payable in 2018 and continuing each year thereafter until reduced or rescinded.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 fifty (50) 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 Capital Development Fund. 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 the 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.