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Daviess County taxable value up; county tax rate declines to about 0.74, officials say

5058361 · June 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Baker Tilly presented the county’s annual assessed value and tax‑rate information showing a rise in net assessed value and a decline in the county tax rate; commissioners accepted the disclosure.

A Baker Tilly presentation on Daviess County’s fiscal disclosures showed an increase in the county’s net assessed value for 2025 and a modest decline in the county’s tax rate, county officials said Tuesday.

The county reported assessed valuations for 2025 of roughly $2.07 billion, up from about $1.90 billion reported earlier. Commissioners noted that the increase in assessed value generally causes tax rates to fall; the county’s total tax rate for 2025 was reported as 0.74, down from 0.77 the prior year and 0.89 in 2021.

The presentation also broke out major spending lines used in county budgeting. Commissioners noted that roughly 30–40% of county spending is related to the judicial system and public safety, citing line items such as the security center, sheriff’s office and court budgets. The presentation included the county’s continuing disclosure information and the board voted to accept it.

Commissioner Keith moved to accept the annual disclosure of fiscal information; the motion passed 2‑0.

No fiscal policy changes were made at the meeting; commissioners said the higher assessed value could improve taxpayers’ net position as TIF districts are resolved and bond obligations retire in coming years.