Monticello is a city in White County, located near Lake Shafer, and is home to many pleasant B&B establishments. The Monticello Fishing Tournament is a yearly event at Lake Shafter. If you are visiting this tournament, and desire local accommodations, consider staying in a Monticello bed and breakfast or a Monticello inn. The city holds a Fourth of July festival with fireworks, a parade and rides. Indiana Beach is an amusement park in the town. Arni's has the best pizza in town. Salsa's Authentic Mexican Restaurant has the best Mexican in the area. Less