Hamilton County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	166,300
Assessment-Sales Ratio	0.985
Gross Assessed Value	163,806
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	125,806
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 - ADAMS TWP	1.6605	2,089	33.3112	696	1,393	10.3356	144	1,249	194	436	2,876
002 - SHERIDAN TOWN	2.8223	3,551	26.8083	952	2,599	13.4198	349	2,250	16	785	5,180
003 - CLAY TWP	1.6740	2,106	28.1200	592	1,514	8.3129	126	1,388	128	484	3,195
005 - DELAWARE TWP	1.9406	2,441	24.5870	600	1,841	6.5287	120	1,721	51	601	3,962
006 - FISHERS TOWN - DELAWARE TWP	2.1935	2,760	22.5742	623	2,137	6.4752	138	1,998	23	697	4,600
007 - FALL CREEK TWP	1.9051	2,397	24.8095	595	1,802	6.4196	116	1,686	56	589	3,882
008 - JACKSON TWP	1.9863	2,499	23.9474	598	1,900	6.2960	120	1,781	38	621	4,100
009 - ARCADIA TOWN	2.5419	3,198	22.0437	705	2,493	8.2174	205	2,288	15	798	5,267
010 - ATLANTA TOWN	2.4016	3,021	23.3775	706	2,315	8.8973	206	2,109	19	736	4,855
011 - CICERO TOWN	2.3798	2,994	22.9233	686	2,308	8.2319	190	2,118	18	739	4,875
012 - NOBLESVILLE TWP	2.0758	2,611	22.7447	594	2,017	5.9894	121	1,897	28	662	4,366
013 - NOBLESVILLE CITY	2.5719	3,236	21.8187	706	2,530	8.3240	211	2,319	14	809	5,339
014 - WASHINGTON TWP	2.5385	3,194	19.0810	609	2,584	4.8382	125	2,459	8	858	5,661
015 - WESTFIELD TOWN	2.8154	3,542	18.5261	656	2,886	5.6304	162	2,723	5	950	6,269
016 - WAYNE TWP	1.8827	2,369	25.0409	593	1,775	6.4479	114	1,661	58	580	3,824
017 - WHITE RIVER TWP	1.9775	2,488	24.3292	605	1,883	6.6468	125	1,757	44	613	4,046
018 - CARMEL CITY	2.0317	2,556	25.1252	642	1,914	8.6730	166	1,748	46	610	4,024
019 - NOBLESVILLE-DELAWARE-HSE	2.6055	3,278	21.9357	719	2,559	8.4149	215	2,344	11	818	5,395
020 - FISHERS - FALL CREEK TWP	2.1848	2,749	22.6695	623	2,126	6.5146	138	1,987	24	693	4,574
021 - NOBLESVILLE FALL CREEK	2.5968	3,267	22.0110	719	2,548	8.4572	215	2,332	12	814	5,369
022 - NOBLESVILLE WAYNE	2.5885	3,256	22.0538	718	2,538	8.4571	215	2,324	13	811	5,349
023 - CARMEL - COUNTY TIF	2.0212	2,543	25.1852	640	1,902	8.5978	164	1,739	47	607	4,003
024 - WESTFIELD  ANNEXATION	2.8154	3,542	18.5203	656	2,886	5.6355	163	2,723	4	950	6,269
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.