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Coal Mine Tax Payment Offers Unexpected Windfall To Local Taxing Bodies

Wabash County and other taxing bodies in the county are the recipients of a recent payment from the defunct Friendsville and Vigo Coal Companies. Wabash County treasurer Beverly McBride reported to county commissioners Monday that her office received bankruptcy taxes totaling close to $270,000. McBride said Responsible Energy paid both outstanding years 2019 taxes payable in 2020 and 2020 taxes payable in 2021. The treasurer said they are happy to get the outstanding money off the books and it will be distributed to the taxing bodies it belongs to by the end of this month.