| Delaware County Property Tax Bills by Tax District | |||||||||||
| Pay 2005 | |||||||||||
| Assessment and Deductions | |||||||||||
| Median Home Value, 2000 Census | 75,400 | ||||||||||
| Assessment-Sales Ratio | 0.000 | ||||||||||
| Gross Assessed Value | 75,400 | ||||||||||
| Homestead Deduction | 35,000 | ||||||||||
| Mortgage Deduction | 3,000 | ||||||||||
| Net Assessed Value | 37,400 | ||||||||||
| 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 - CENTER TWP | 2.9010 | 1,085 | 27.2031 | 295 | 790 | 10.3344 | 82 | 708 | 945 | 300 | 2,136 |
| 002 - CENTER TWP - MUNCIE SANIT | 3.2282 | 1,207 | 26.2211 | 317 | 891 | 11.0877 | 99 | 792 | 741 | 336 | 2,389 |
| 003 - MUNCIE CITY - CENTER TWP | 4.4850 | 1,677 | 24.9656 | 419 | 1,259 | 14.3401 | 180 | 1,078 | 323 | 457 | 3,252 |
| 004 - DELAWARE TWP | 2.5599 | 957 | 24.4763 | 234 | 723 | 9.1412 | 66 | 657 | 1,137 | 278 | 1,981 |
| 005 - ALBANY TOWN - DELAWARE TWP | 3.0538 | 1,142 | 23.7380 | 271 | 871 | 10.9659 | 96 | 775 | 781 | 329 | 2,339 |
| 006 - HAMILTON TWP | 2.5574 | 956 | 24.4341 | 234 | 723 | 9.0751 | 66 | 657 | 1,134 | 279 | 1,982 |
| 007 - HAMILTON TWP - MUNCIE SANITARY | 2.8846 | 1,079 | 23.6491 | 255 | 824 | 10.0440 | 83 | 741 | 858 | 314 | 2,235 |
| 008 - HARRISON TWP | 2.2318 | 835 | 27.6477 | 231 | 604 | 10.3130 | 62 | 542 | 1,502 | 230 | 1,634 |
| 009 - HARRISON TWP - MUNCIE SANITARY | 2.5590 | 957 | 26.3520 | 252 | 705 | 11.2681 | 79 | 625 | 1,247 | 265 | 1,886 |
| 010 - LIBERTY TWP | 2.4676 | 923 | 25.7859 | 238 | 685 | 10.0256 | 69 | 616 | 1,281 | 261 | 1,859 |
| 011 - SELMA TOWN | 2.9988 | 1,122 | 24.8960 | 279 | 842 | 12.0691 | 102 | 741 | 859 | 314 | 2,234 |
| 012 - MONROE TWP | 2.8759 | 1,076 | 22.5962 | 243 | 833 | 7.8935 | 66 | 767 | 794 | 325 | 2,313 |
| 013 - MONROE TWP - MUNCIE SANIT | 3.2031 | 1,198 | 22.0771 | 264 | 933 | 8.8763 | 83 | 851 | 616 | 360 | 2,566 |
| 014 - MT PLEASANT TWP | 2.4626 | 921 | 25.5612 | 235 | 686 | 9.9353 | 68 | 617 | 1,275 | 262 | 1,862 |
| 015 - MT PLEASANT TWP - MUNCIE SANIT | 2.7898 | 1,043 | 24.6174 | 257 | 787 | 10.8396 | 85 | 701 | 968 | 297 | 2,115 |
| 016 - MUNCIE CITY - MT PLEASANT TWP | 4.3032 | 1,609 | 22.8431 | 368 | 1,242 | 14.0006 | 174 | 1,068 | 337 | 453 | 3,221 |
| 017 - YORKTOWN TOWN | 2.8424 | 1,063 | 24.8512 | 264 | 799 | 11.4022 | 91 | 708 | 946 | 300 | 2,135 |
| 018 - NILES TWP | 2.5655 | 959 | 24.6321 | 236 | 723 | 9.3621 | 68 | 655 | 1,145 | 278 | 1,977 |
| 019 - ALBANY TOWN - NILES TWP | 3.0835 | 1,153 | 23.6720 | 273 | 880 | 11.0214 | 97 | 783 | 763 | 332 | 2,362 |
| 020 - PERRY TWP | 2.4261 | 907 | 26.1865 | 238 | 670 | 10.2088 | 68 | 601 | 1,319 | 255 | 1,814 |
| 021 - SALEM TWP | 2.4913 | 932 | 29.3721 | 274 | 658 | 10.4246 | 69 | 589 | 1,351 | 250 | 1,778 |
| 022 - UNION TWP | 2.5772 | 964 | 24.5210 | 236 | 728 | 9.3066 | 68 | 660 | 1,125 | 280 | 1,990 |
| 023 - EATON TOWN | 3.3728 | 1,261 | 22.8625 | 288 | 973 | 11.2366 | 109 | 864 | 594 | 366 | 2,605 |
| 024 - WASHINGTON TWP | 2.2297 | 834 | 27.7820 | 232 | 602 | 10.4622 | 63 | 539 | 1,510 | 229 | 1,626 |
| 025 - GASTON TOWN | 3.4037 | 1,273 | 25.1196 | 320 | 953 | 14.0015 | 133 | 820 | 674 | 347 | 2,472 |
| 026 - DALEVILLE TOWN | 2.9938 | 1,120 | 27.6985 | 310 | 810 | 12.0764 | 98 | 712 | 933 | 302 | 2,147 |
| 027 - CHESTERFIELD TOWN | 3.2022 | 1,198 | 27.2774 | 327 | 871 | 12.7439 | 111 | 760 | 806 | 322 | 2,292 |
| 028 - HAMILTON SANITARY MUNCIE | 4.4922 | 1,680 | 22.1131 | 372 | 1,309 | 13.4353 | 176 | 1,133 | 271 | 480 | 3,416 |
| 029 - LIBERTY MUNCIE | 4.3821 | 1,639 | 22.9299 | 376 | 1,263 | 14.1646 | 179 | 1,084 | 318 | 459 | 3,270 |
| 030 - MUNCIE ANNEX | 4.4932 | 1,680 | 24.9559 | 419 | 1,261 | 14.3525 | 181 | 1,080 | 322 | 458 | 3,258 |
| 031 - MT. PLEASANT-MUNCIE-CNTY TIF | 4.3114 | 1,612 | 22.8349 | 368 | 1,244 | 14.0124 | 174 | 1,070 | 336 | 453 | 3,227 |
| 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. | |||||||||||