Boone County Council 2021 Budget

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Overview

The Boone County Council adopted on September 8, 2020, three separate ordinances authorizing the issuance of three bond series in an aggregate amount not to exceed $2 million for the Series A bond, $2 million for the Series B bond, and $1.35 million for the Series C bond for the purpose of providing funds for the costs of the construction of three separate bridge or culvert improvement projects ("together with all necessary appurtenances, related improvements and equipment, to fund capitalized interest, if necessary, and to pay the costs of issuance of each bond"). A bridge is defined as any structure with a span equal to or greater than 20 feet. The Boone County definition of a culvert (or small structure) is a drainage structure that has two open ends and a span under 20 feet down to 4 feet.

Each of the three bonds, which together total $5.35 million, "is to be payable from property taxes levied and collected on all taxable property" in Boone County. The bonds will have a 10-year maturity date.

The decision has been made to spend $900,000 from the county's $4.6 million Rainy Day Fund on the 2021 county budget. No amount will be allocated from the remaining $3.7 million Rainy Day Fund to pay for any bridge or culvert improvements so the $5.35 million bonds amount can be reduced - the remaining $3.7 million in the Rainy Day Fund will be retained to maintain future county services if there is an ongoing reduction in county revenues.

The decision has been made to increase 2021 Boone County property taxes during a pandemic to pay for the bridge and culvert bond issues that total $5.35. million.

 

Indiana County Property Tax Levies Comparison

The Boone County Council emphasized during the $5.35 million bond issues approval process that the county's property tax rate is the lowest of all the 92 Indiana counties. The implication is that the Boone County Council has done a better job of managing property taxes than any other Indiana County.

Knowledgeable taxpayers know that comparing property tax rates is not a good way to evaluate a county's property tax management. A much better comparison is a per capita comparison of property tax levies. Listed next is the per capital comparison of the 2020 general property tax levies of all 92 Indiana counties.

2020 Certified General Property Tax Levies

Indiana County Governments

Per Capita Comparison

Sources:

(1) Indiana Gateway Report Search at https://gateway.ifionline.org/report_builder/ 

     for Budgets, Certified Budget Comparison, Year 2020, Unit Type County, Fund Total All Funds, Dataset Levy

(2) 2020 county population projections from http://www.stats.indiana.edu/pop_proj/ 

County

Levy

Population

Levy Per Citizen

1. Floyd

$9,114,280

78,826

$115.63

2. Wells

$3,522,431

28,185

$124.98

3. Morgan

$9,260,661

70,302

$131.73

4. Johnson

$22,613,065

158,713

$142.48

5. Putnam

$5,376,034

37,486

$143.41

6. Ripley

$4,275,709

28,904

$147.93

7. Hancock

$11,992,352

76,353

$157.06

8. Monroe

$23,888,260

150,620

$158.60

9. Clay

$4,270,865

26,382

$161.89

10. Orange

$3,164,091

19,406

$163.05

11. Boone

$11,520,156

70,556

$163.28

12. Franklin

$3,797,659

22,863

$166.11

13.Wabash

$5,199,496

31,165

$166.84

14.Tippecanoe

$33,602,705

195,555

$171.83

15. Hendricks

$29,466,633

170,323

$173.00

16. Marion

$166,801,304

963,732

$173.08

17. Kosciusko

$14,184,175

80,154

$176.96

18. Harrison

$7,375,944

40,636

$181.51

19. Lagrange

$7,306,100

39,848

$183.35

20.Jennings

$5,043,301

27,353

$184.38

21. Owen

$3,734,887

20,160

$185.26

22. Hamilton

$64,831,084

343,179

$188.91

23. Shelby

$8,643,959

44,600

$193.81

24. Noble

$9,426,866

48,185

$195.64

25. Dubois

$8,474,684

43,133

$196.48

26. Carroll

$3,840,195

19,509

$196.84

27. Lawrence

$8,934,109

45,075

$198.21

28. Whitley

$6,826,706

33,539

$203.55

29. Jackson

$9,185,080

45,026

$204.00

30. Clark

$24,474,665

119,944

$204.05

31. Scott

$4,812,930

23,507

$204.74

32. Martin

$2,110,238

10,236

$206.16

33. Elkhart

$43,440,333

209,690

$207.16

34. Marshall

$9,725,087

46,879

$207.45

35. Ohio

$1,241,722

5,905

$210.28

36. Perry

$4,082,112

19,216

$212.43

37. Miami

$7,456,435

35,095

$212.46

38. Madison

$27,395,732

127,604

$214.69

39. Parke

$3,561,181

16,565

$214.98

40. Jasper

$7,365,869

33,879

$217.42

41. Allen

$82,578,694

379,671

$217.50

42. Greene

$7,017,241

31,803

$220.65

43. Starke

$5,082,874

22,595

$224.96

ALL Counties

$15,321,408

6,738,581

$227.37

44. Delaware

$26,004,621

114,142

$227.83

45. Bartholomew

$19,460,861

84,572

$230.11

46. Dearborn

$11,422,682

49,589

$230.35

47. St. Joseph

$62,869,453

269,113

$233.62

48. Washington

$6,474,441

27,640

$234.24

49. Huntington

$8,523,902

36,190

$235.53

50. Decatur

$6,387,524

27,006

$236.52

51. Switzerland

$2,581,737

10,703

$241.22

52. Henry

$11,754,391

48,041

$244.67

53. Dekalb

$10,556,011

43,060

$245.15

54. Grant

$16,408,777

65,685

$249.81

55. Steuben

$8,857,471

34,453

$257.09

56. Clinton

$8,363,078

32,128

$260.30

57. Fulton

$5,249,703

20,110

$261.05

58. Montgomery

$10,050,372

38,342

$262.12

59. Porter

$45,141,047

171,945

$262.53

60. Warrick

$16,957,505

63,818

$265.72

61. Knox

$10,090,515

37,407

$269.75

62. Randolph

$6,588,137

24,249

$271.69

63. Brown

$4,117,613

14,631

$281.43

64. Fountain

$4,496,895

15,946

$282.01

65. Howard

$23,256,091

82,388

$282.28

66. Jefferson

$9,475,015

32,428

$292.19

67. Adams

$10,378,895

35,508

$292.30

68. Tipton

$4,345,304

14,769

$294.22

69. Vanderburgh

$55,453,994

184,440

$300.66

70. Union

$2,124,345

6,974

$304.61

71. Cass

$11,558,133

37,195

$310.74

72. Fayette

$7,049,678

22,570

$312.35

73. Vigo

$33,679,907

107,795

$312.44

74. Pulaski

$3,927,849

12,498

$314.28

75. Jay

$6,678,527

21,149

$315.78

76. Wayne

$21,535,106

65,349

$329.54

77. Blackford

$3,900,974

11,759

$331.74

78. Laporte

$37,377,971

110,328

$338.79

79. Lake

$162,823,664

479,815

$339.35

80. White

$8,178,288

23,810

$343.48

81. Sullivan

$7,141,839

20,579

$347.04

82. Rush

$5,701,142

16,252

$350.80

83. Daviess

$12,167,498

33,951

$358.38

84. Crawford

$3,771,049

10,330

$365.06

85. Gibson

$13,280,063

34,077

$389.71

86.Spencer

$8,476,983

20,564

$412.22

87. Warren

$3,617,990

8,096

$446.89

88. Benton

$3,828,429

8,507

$450.03

89. Pike

$12,081,018

25,053

$482.22

90. Posey

$6,699,774

13,797

$485.60

91. Vermillion

$8,061,619

15,214

$529.88

92. Newton

$7,195,036

12,259

$586.92

CONCLUSION: The per capita comparison of county property tax levies reveals that Boone County is the 11th best - not the number one county for the least property tax levy per citizen. However, it is noteworthy that Boone County's 2020 property tax levy per citizen of $163.28 is 28% less than the $227.37 average for all counties.

 

Indiana County Government Expenditures Per Capita

The 2019 Boone County Government Expenditures Per Capita was $4,264.14. Of all the 92 counties, only Hamilton County at $5,987.89 expended more per capita than Boone County and no other county expended more per capita than $3,708.05. SOURCE: https://gateway.ifionline.org/report_builder/Default3a.aspx?rptType=afr&rpt=PropPerCapita&rptName=Expenditures%20Per%20Capita.

The very high 2019 Boone County Government Expenditures Per Capita raise an important question. Would there have been enough money available from revenue resources other than property tax-increasing bond issues to pay for bridge and culvert improvements if Boone County was not one of the two highest spending counties in the state?

Boone County taxpayers deserve answers from their elected public servants as to why Boone County is the second highest per capita spending county in the state.

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This page was last updated on 10/12/20.