While Knox last month decided not to invest in an appraisal of its Altamont reservoir property, the village board on Tuesday committed to spending $11,000 for an appraisal to prove in court that the property should not be valued, or taxed, as a reservoir since it is no longer used for that purpose.

The Knox assessor says each household in Knox would pay $38 annually to make up for lost tax revenues if the property were exempt.