Daviess County Fiscal Court adopts compensating tax rate, approves grants, bid awards and personnel actions

Daviess County Fiscal Court on Aug. 21 adopted a compensating property tax rate and took a series of routine budgetary, procurement and personnel actions.

Treasurer’s presentation: The court heard a financial presentation from the county treasurer, who reported a total cash balance of $78,529,282.68 as of July 31, 2025. The treasurer said the general fund balance was $42,799,284.82 and, after excluding operating reserves and restricted funds, available cash for general‑fund operations was $32,512,984.57. He told the court the county had set up an opioid-abatement settlement fund on the reports and that the general-fund balance is higher than budgeted in part because the county received about $3,560,000 in insurance reimbursement tied to March 2025 hail damage; those receipts have been and are being expensed for repairs and replacements.

Taxes and health district levy: The court proposed and adopted a compensating rate that leaves most ad valorem classifications unchanged while lowering the county’s real-property rate from 2024. The adopted proposed rates were: real property…