Grant County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	68,500
Assessment-Sales Ratio	0.990
Gross Assessed Value	67,815
Homestead Deduction	33,908
Mortgage Deduction	3,000
Net Assessed Value	30,908
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	2.2838	706	32.9938	233	473	11.6334	55	418	1,836	189	1,320
002 - MARION CITY-CENTER TWP	3.7895	1,171	26.6855	313	859	13.8295	119	740	860	334	2,337
004 - FAIRMONT TOWN	2.9958	926	25.5236	236	690	13.6146	94	596	1,336	269	1,882
006 - FRANKLIN TWP-MARION SCHOO	2.2048	681	33.5499	229	453	11.3974	52	401	1,872	181	1,267
007 - FRANKLIN TWP-OAK HILL SCH	2.3104	714	29.0530	207	507	10.2237	52	455	1,770	205	1,437
008 - MARION CITY-FRANKLIN TWP	3.7746	1,167	26.6710	311	855	13.7505	118	738	865	333	2,331
009 - SWEETSER TOWN-FRANKLIN TWP	2.4965	772	28.1668	217	554	10.7697	60	495	1,678	223	1,562
010 - GREEN TWP	2.1428	662	27.7299	184	479	10.8107	52	427	1,822	193	1,348
011 - JEFFERSON TWP	2.1721	671	26.5313	178	493	9.7086	48	445	1,790	201	1,407
012 - MATTHEWS TOWN	2.8693	887	24.8827	221	666	12.2986	82	584	1,363	264	1,845
013 - UPLAND TOWN	2.6452	818	25.2520	206	611	11.5452	71	541	1,506	244	1,708
015 - LIBERTY TWP	2.0908	646	28.0992	182	465	10.7799	50	415	1,849	187	1,309
016 - MILL TWP	2.4681	763	28.0529	214	549	11.2601	62	487	1,700	220	1,538
017 - MARION CITY-MILL TWP	3.8694	1,196	24.0190	287	909	13.2507	120	788	751	356	2,490
018 - GAS CITY-MILL TWP	3.1260	966	25.7381	249	717	12.5123	90	628	1,237	283	1,983
019 - JONESBORO TOWN	3.1053	960	26.3459	253	707	13.1405	93	614	1,285	277	1,940
020 - MONROE TWP	2.1157	654	26.8652	176	478	9.6046	46	432	1,812	195	1,366
021 - PLEASANT TWP-MARION SCHOO	2.1816	674	33.8875	228	446	11.5539	52	394	1,878	178	1,245
022 - PLEASANT TWP-OAK HILL SCH	2.2872	707	29.3292	207	500	10.3470	52	448	1,784	202	1,415
023 - MARION CITY-PLEASANT TWP	3.7601	1,162	26.8089	312	851	13.8679	118	733	883	331	2,314
024 - SWEETSER TOWN-PLEASANT TWP	2.4820	767	28.3842	218	549	10.9248	60	489	1,695	221	1,546
025 - RICHLAND TWP	2.3267	719	29.1708	210	509	10.5321	54	456	1,768	206	1,439
026 - CONVERSE TOWN	3.5534	1,098	26.0053	286	813	14.0659	114	698	978	315	2,206
027 - SIMS TWP	2.3966	741	28.9034	214	527	10.8427	57	470	1,744	212	1,483
028 - SWAYZEE TOWN	2.8724	888	27.3871	243	645	12.4620	80	564	1,427	255	1,783
029 - VAN BUREN TWP	2.2602	699	26.1731	183	516	10.0176	52	464	1,753	210	1,466
030 - VAN BUREN TOWN	3.2104	992	24.1005	239	753	12.9449	97	656	1,142	296	2,071
031 - WASHINGTON TWP-EASTBROOK	2.1500	665	26.7556	178	487	9.7857	48	439	1,798	198	1,387
032 - WASHINGTON TWP-MARION SCH	2.2204	686	33.6449	231	455	11.7319	53	402	1,871	181	1,270
033 - MARION CITY-WASHINGTON TWP	3.7715	1,166	26.7884	312	853	13.8881	119	735	873	332	2,321
034 - FAIRMONT TWP	2.1668	670	27.8152	186	483	11.1382	54	430	1,815	194	1,357
035 - FOWLERTON TOWN	2.6656	824	26.3528	217	607	12.9395	79	528	1,560	238	1,669
036 - GAS CITY-JEFFERSON TWP	2.9542	913	24.1369	220	693	11.8292	82	611	1,296	276	1,929
037 - GAS CITY-MONROE TWP	2.9500	912	24.1445	220	692	11.8162	82	610	1,299	275	1,927
038 - GAS CITY-CENTER TWP	3.0461	941	29.0929	274	668	13.2002	88	579	1,374	262	1,830
040 - MARION CITY-MONROE TWP	3.6934	1,142	22.6618	259	883	12.7253	112	771	787	348	2,434
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.