Property Tax Comparision

Total StateBicknell
Vigo
= .0024
Bicknell
Washington
= .0024
Vincennes
= .0024
Other
Knox
County
Towns
= .0024
Total CountyBicknell
Vigo
= 0.6259
Bicknell
Washington
= 0.6259
Vincennes
= 0.6259
Other
Knox
County
Towns
= 0.6259
Township FundBicknell
Vigo
= 0.0253
Bicknell
Washington
= 0.0429
Vincennes
= 0.0081
Other
Knox
County
Towns
= Various amount
with Bicknell
(Washington Township)
being the highest
and Vincennes
being the
lowest.
Police PensionBicknell
Vigo
= 0.1052
Bicknell
Washington
= 0.1052
Vincennes
= 0.0259
Other
Knox
County
Towns
= 0
ParksBicknell
Vigo
= 0.1513
Bicknell
Washington
= 0.1513
Vincennes
= 0.0600
Other
Knox
County
Towns
= 0.1402
the highest
(Sandborn)
SanitationBicknell
Vigo
= 0.3258
Bicknell
Washington
= 0.3258
Vincennes
= None listed
Other
Knox
County
Towns = 0
Total City and TownBicknell
Vigo
= 1.8459
Bicknell
Washington
= 1.8459
Vincennes
= 1.5372
Other
Knox
County
Towns
= All lower than
Vincennes
and Bicknell
Net Tax RateBicknell
Vigo
= 4.3119
Bicknell
Washington
= 4.3242
Vincennes
= 3.7364
Other
Knox
County
Towns
= All runs
around ½
of Bicknell's
rate
Property Tax
on a 50,000.00
home in
Bicknell
Vigo
= $2,155.95
Bicknell
Washington
= $2,162.95
Vincennes
= $1,868.20
Police Pension
cost on a
$50,000.00
home in
Bicknell
Vigo
= $52.60
Bicknell
Washington
= $52.60
Vincennes
= $30.00
Sanitation
cost on a
$50,000.00
home in
Bicknell
Vigo
= $162.90
Bicknell
Washington
= $162.90
Vincennes
= None listed
Township Fund
cost on a
$50,000.00
home in
Bicknell
Vigo
= $12.65
Bicknell
Washington
= $21.45
Vincennes
= $4.05
Following comments by Ron Ackman

Exemptions—A lot of exemptions are available for all owner occupied residences. Probably about the same between the two towns, although we have a higher percentage of rentals and vacant houses (which don’t qualify for any exemptions) I think as well as a smaller non-residential (business) tax base so its likely our taxes would be higher even assuming our tax rates were the same. But our rates aren’t the same so we are without a doubt the highest producer of taxes on the average per similar value households in the county.

They are supposed to be assessed on market value now and that should be slightly in our favor.

Taxes are produced by the total assessed value minus exemptions times the tax rate. The size of the budget and the tax base determines the tax rate.

I don’t understand what the sanitation tax is for.

Does anybody know?

Ron Ackman

Comments

Sanitation Tax

I spoke to the auditors office, Sharon Duke, and they have no idea what the fee is for; they told me to contact the Bicknell clerk because it is a part of the Bicknell budget.

I haven't done that yet but will keep looking.

I suspect it is something that has been placed on the budget years ago and has simply been expanded on every Bicknell budget by 4% or so every year.

It probably originated some time back when the city was putting in sewer lines.

At this time I'm just guessing.

To find out where the money is going you would probably have to look into the general fund.

 

John R. Stanczak