![]() Salt Creek Township – 1st Year $ 112 – 2nd Year $3,235.Richland Township – 1st Year $ 4,431 – 2nd year $16,999.Bloomington Township – 1st Year revenue gain see above – 2nd year $12,856.Benton Township –1st year revenue gain see above – 2nd Year $4,711. ![]() Richland Beam Bloosom Schools – 1st Year $47,121-2nd Year $47,121.Stinesville – 1st Year – $42 – 2nd Year $223.Residents were provided information on how they could look upon an online calculator to determine the impact for their tax bill in 2024 for paying tax bills 2025 should annexation pass.Īnnexation will increase revenue to the following units of government: “In looking at some tax bills of residents and businesses the annexation had little or no change on a tax bill to huge impacts on the taxpayer depending on many factors.” “Over the next four years, it is likely that assessments and tax rates will change which may be out of control of the individual taxing units,” Rogers added. And it understates tax bill increase due to assessed value growth, overstates tax bill increase due to annexation, in our study we left out the growth value in changes to the tax bill.” Rogers states, “The Reedy Financial Group study assumes that 12 percent of the tax bill increase is due to 12 percent in growth in assessed value, which just is not correct. Consequently, we express no opinion nor do we have a responsibility to prepare subsequent reports,” ![]() We have not examined the underlying assumptions, nor have we audited or reviewed historical data. As is the case with such assumptions regarding future events and transactions, some or all may occur as expected, and the resulting difference could be material. Deen Rogers, Baker Tilly presents information on the impact for Monroe County residents on proposed annexation by the City of BloomingtonĪccording to Deen Rogers of Baker Tilly, “In the preparation of the report, assumptions were made regarding certain future events.
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