Adams County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	85,400
Assessment-Sales Ratio	0.938
Gross Assessed Value	80,105
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	42,105
Tax Rate, Credits and Tax Bill
Tax District	Tax Rate	Gross Tax	PTRC Rate	PTRC	Gross Tax - PTRC	State/Local Homestead Credit Rate	Home- stead Credit	Net Tax	Rank Among All 1,960 Districts	Net Tax, Half the Median Home Value	Net Tax, Twice the Median Home Value
001 - NORTH BLUE CREEK TWP	2.0251	853	28.8701	246	607	10.0373	61	546	1,493	221	1,584
002 - SOUTH BLUE CREEK TWP	2.1138	890	28.9460	258	632	10.2894	65	567	1,420	229	1,647
003 - NORTH FRENCH TWP	2.0075	845	29.0702	246	600	10.0942	61	539	1,511	218	1,565
004 - SOUTH FRENCH TWP	2.0962	883	29.1380	257	625	10.3467	65	561	1,438	227	1,627
005 - HARTFORD TWP	2.1440	903	28.9263	261	642	10.5787	68	574	1,393	232	1,665
006 - JEFFERSON TWP	2.1276	896	29.0033	260	636	10.5072	67	569	1,410	230	1,652
007 - KIRKLAND TWP	2.0360	857	28.9432	248	609	10.2503	62	547	1,488	221	1,587
008 - NORTH MONROE TWP	2.0005	842	29.1020	245	597	10.0550	60	537	1,518	217	1,559
009 - SOUTH MONROE TWP	2.0892	880	29.1686	257	623	10.3103	64	559	1,439	226	1,622
010 - BERNE CITY-MONROE TWP	2.9102	1,225	25.6354	314	911	12.1012	110	801	720	324	2,325
011 - MONROE TOWN-MONROE TWP	2.5527	1,075	26.6951	287	788	11.8648	93	694	989	281	2,016
012 - PREBLE TWP	2.3636	995	26.0483	259	736	8.5962	63	673	1,069	272	1,953
013 - ROOT TWP	2.3258	979	26.0554	255	724	8.2863	60	664	1,110	269	1,928
014 - DECATUR CITY-ROOT TWP	3.1905	1,343	24.0528	323	1,020	11.2103	114	906	527	366	2,629
015 - ST. MARYS TWP	2.0421	860	28.9165	249	611	10.2831	63	548	1,479	222	1,592
016 - UNION TWP	2.3725	999	25.9044	259	740	8.4974	63	677	1,038	274	1,966
017 - WABASH TWP	2.1116	889	29.0715	258	631	10.4261	66	565	1,425	228	1,640
018 - BERNE CITY-WABASH TWP	2.9221	1,230	25.6125	315	915	12.1358	111	804	709	325	2,334
019 - GENEVA TOWN	3.2505	1,369	25.5636	350	1,019	13.6311	139	880	566	356	2,554
020 - SOUTH WASHINGTON TWP	2.0488	863	28.8874	249	613	10.3188	63	550	1,472	222	1,597
021 - NORTH WASHINGTON TWP	2.3651	996	26.0444	259	736	8.6039	63	673	1,067	272	1,954
022 - DECATUR CITY-WASHINGTON TWP	3.2237	1,357	24.0768	327	1,031	11.3847	117	913	509	369	2,651
023 - MONROE TOWN-WASHINGTON TWP	2.5937	1,092	26.5892	290	802	12.0049	96	705	953	285	2,048
Note:  Median Home Value for this county is from the 2000 U.S. Census.
Assessment-Sales Ratio is the median assessment to sales price ratio, from the State Equalization Study.
Counties with Assessment-Sales Ratios listed as "0" have studies that are incomplete.  Gross assessed values are assumed equal to home values.
Gross Assessed Value is the product of the Median Home Value and the Assessment Ratio.
Net Assessed Value is Gross Assessed Value less Deductions/Exemptions. Homestead deduction cannot exceed 50% of gross assessed value.
Tax Districts are areas within a county with particular combinations of government units.  The district Tax Rate is the sum of the tax rates of these units.
Gross Tax is the District Tax Rate times Net Assessed Value.
Property Tax Replacement Credit Dollars are the PTRC Rate times the Gross Tax; they are subtracted from the Gross Tax.
The Homestead Credit Rate is multiplied by the Tax After PTRC.  Homestead Credit dollars are subtracted from Tax After PTRC to get the Tax Bill.
Rank, All Districts is the rank, from highest to lowest net tax, among all of Indiana's 1,960 tax districts.
Net Tax, Half the Median Value is the tax bill calculation starting with a home value equal to half the county's median.
Net Tax, Twice the Median Value is the tax bill calculation starting with a home value equal to twice the county's median.
Prepared by Larry DeBoer, Agricultural Economics, Purdue University, using Indiana Department of Local
Government Finance rate information, available on the DLGF website, at www.in.gov/dlgf.