Knox City Council held a public hearing over the 2018 budget during their meeting Tuesday night. If you missed it, don’t worry, the budget can be seen online through the Indiana Gateway for Government Units website. Click here to access the 2018 Budget for the City of Knox.
During the hearing, Clerk-Treasurer Jeff Houston went over specific items on the notice to the taxpayer. He explained that the max civil levy is the maximum amount of money that is allowed to be collected from property taxes. The estimated max civil levy is $1,567,438. He also described that the tax cap, the amount of money not allowed to be collected based on the classification of particular properties, is $221,292. The estimated general fund is $1,563,107. Continue reading