DeKalb County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	88,000
Assessment-Sales Ratio	0.970
Gross Assessed Value	85,360
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	47,360
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 - BULTER TWP	2.0024	948	28.0349	266	682	10.5758	72	610	1,297	236	1,710
002 - CONCORD TWP	2.3493	1,113	28.3604	316	797	9.9569	79	718	922	278	2,011
003 - ST. JOE TOWN	3.0809	1,459	27.2706	398	1,061	13.6877	145	916	506	355	2,567
004 - FAIRFIELD TWP	2.2328	1,057	25.5889	271	787	8.9063	70	717	925	278	2,009
005 - FRANKLIN TWP	1.3783	653	35.9996	235	418	14.8865	62	356	1,925	138	996
006 - HAMILTON TOWN	1.6287	771	33.5822	259	512	15.8945	81	431	1,813	167	1,207
007 - GRANT TWP	2.3419	1,109	25.5537	283	826	9.7306	80	745	845	289	2,089
008 - WATERLOO TOWN-GRANT TWP	3.0578	1,448	25.0747	363	1,085	13.2812	144	941	476	364	2,637
009 - JACKSON TWP	2.0884	989	27.0307	267	722	9.3513	67	654	1,154	253	1,833
010 - AUBURN CITY-JACKSON TWP	3.0505	1,445	24.4875	354	1,091	12.6208	138	953	453	369	2,671
011 - KEYSER TWP	1.9854	940	28.0928	264	676	10.4724	71	605	1,313	234	1,696
012 - AUBURN CITY-KEYSER TWP	2.8730	1,361	25.0829	341	1,019	13.1060	134	886	561	343	2,482
013 - GARRETT CITY	2.6323	1,247	25.4840	318	929	12.2360	114	815	681	316	2,285
014 - ALTONA TOWN	2.3581	1,117	27.2440	304	813	12.6630	103	710	941	275	1,989
015 - NEWVILLE TWP	2.2946	1,087	29.0785	316	771	10.3450	80	691	999	268	1,936
016 - RICHLAND TWP	2.0818	986	27.2826	269	717	9.5963	69	648	1,178	251	1,816
017 - CORUNNA TOWN	3.3505	1,587	24.7420	393	1,194	14.0422	168	1,027	368	398	2,877
018 - SMITHFIELD TWP	2.0972	993	27.1491	270	724	9.5818	69	654	1,153	253	1,833
019 - ASHLEY TOWN	2.9579	1,401	24.5534	344	1,057	12.1844	129	928	499	359	2,601
020 - WATERLOO TOWN-SMITHFIELD TWP	3.0565	1,448	25.0579	363	1,085	13.2584	144	941	475	364	2,637
021 - SPENCER TWP	2.3075	1,093	29.1300	318	774	10.5361	82	693	992	268	1,942
022 - STAFFORD TWP	2.2884	1,084	28.9818	314	770	10.1611	78	691	997	268	1,938
023 - TROY TWP	2.2893	1,084	28.9676	314	770	10.1518	78	692	994	268	1,939
024 - UNION TWP	2.1692	1,027	26.8723	276	751	9.9116	74	677	1,042	262	1,897
025 - AUBURN CITY-UNION TWP	3.0477	1,443	24.4911	354	1,090	12.6131	137	952	455	369	2,669
026 - WILMINGTON TWP	2.3194	1,098	28.6696	315	784	10.0657	79	705	959	273	1,975
027 - BUTLER CITY	3.1288	1,482	26.5808	394	1,088	13.0548	142	946	464	366	2,651
028 - AUBURN CITY - GRANT TWP	3.0633	1,451	24.4692	355	1,096	12.6834	139	957	449	371	2,681
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.