Daviess County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	70,800
Assessment-Sales Ratio	1.019
Gross Assessed Value	72,145
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	34,145
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 - BARR TWP	2.0642	705	29.8077	210	495	12.3575	61	434	1,809	191	1,350
002 - CANNELBURG TOWN	2.3301	796	29.2578	233	563	14.0879	79	484	1,711	213	1,505
003 - MONTGOMERY TOWN	2.5402	867	28.1879	244	623	14.2334	89	534	1,533	235	1,663
004 - BOGARD TWP	2.2800	779	27.9064	217	561	11.2710	63	498	1,666	219	1,550
005 - ELMORE TWP	2.3011	786	27.6403	217	569	11.1154	63	505	1,649	223	1,573
006 - ELNORA TOWN	2.9115	994	26.1900	260	734	13.3215	98	636	1,219	280	1,980
007 - HARRISON TWP	2.3505	803	28.1508	226	577	11.5837	67	510	1,628	225	1,587
008 - MADISON TWP	2.3267	794	27.7078	220	574	11.4145	66	509	1,635	224	1,584
009 - ODON TOWN	2.8097	959	26.3476	253	707	12.9739	92	615	1,284	271	1,914
010 - REEVE TWP	2.1782	744	29.5519	220	524	13.1493	69	455	1,769	200	1,417
011 - ALFORDSVILLE TOWN	2.5640	875	28.2422	247	628	14.4644	91	537	1,517	237	1,673
012 - STEELE TWP	2.2935	783	27.8676	218	565	11.3379	64	501	1,656	221	1,559
013 - PLAINVILLE TOWN	2.9640	1,012	26.0490	264	748	13.4098	100	648	1,179	285	2,017
014 - VAN BUREN TWP	2.2623	772	27.9603	216	556	11.1852	62	494	1,680	218	1,539
015 - VEALE TWP	2.3234	793	28.0823	223	571	11.2662	64	506	1,647	223	1,576
016 - WASHINGTON TWP	2.3136	790	27.8295	220	570	10.8622	62	508	1,638	224	1,582
017 - WASHINGTON CITY	3.7260	1,272	24.4097	311	962	13.9849	134	827	668	364	2,575
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.