Harrison County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	95,700
Assessment-Sales Ratio	0.940
Gross Assessed Value	89,958
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	51,958
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 - BLUE RIVER TWP	1.9557	1,016	30.9684	315	701	11.7246	82	619	1,270	232	1,691
002 - MILLTOWN TOWN-BLUE RIVER TWP	3.5140	1,826	24.5453	448	1,378	13.5642	187	1,191	226	447	3,252
003 - BOONE TWP	2.0232	1,051	28.4272	299	752	11.2818	85	668	1,090	250	1,823
004 - LACONIA TOWN	2.1630	1,124	28.0326	315	809	12.0974	98	711	936	267	1,942
005 - FRANKLIN TWP	1.9429	1,009	30.5345	308	701	11.2492	79	622	1,261	233	1,700
006 - LANESVILLE TOWN	2.0728	1,077	30.2761	326	751	12.4044	93	658	1,131	247	1,797
007 - HARRISON TWP	1.9761	1,027	28.2550	290	737	10.5754	78	659	1,130	247	1,799
008 - CORYDON TOWN	2.4203	1,258	27.7608	349	908	13.7709	125	783	762	294	2,140
009 - HETH TWP	2.0171	1,048	28.4814	298	750	11.2888	85	665	1,105	249	1,816
010 - MAUCKPORT TOWN	2.2099	1,148	27.8303	320	829	12.2446	101	727	900	273	1,986
011 - JACKSON TWP	1.9402	1,008	31.0922	313	695	11.6961	81	613	1,289	230	1,675
012 - CRANDALL TOWN	2.0561	1,068	31.2611	334	734	13.3012	98	637	1,216	239	1,739
013 - MORGAN TWP	1.9838	1,031	31.0015	320	711	12.1111	86	625	1,250	234	1,707
014 - PALMYRA TOWN	2.1193	1,101	30.6063	337	764	13.1018	100	664	1,111	249	1,814
015 - POSEY TWP	1.9497	1,013	28.5619	289	724	10.6799	77	646	1,186	242	1,766
016 - ELIZABETH TOWN	2.0388	1,059	28.4563	301	758	11.4751	87	671	1,075	252	1,832
017 - SPENCER TWP	1.9598	1,018	31.0331	316	702	11.8615	83	619	1,271	232	1,691
018 - MILLTOWN TOWN-SPENCER TWP	3.5127	1,825	24.5829	449	1,376	13.6116	187	1,189	227	446	3,248
019 - TAYLOR TWP	1.9654	1,021	28.2157	288	733	10.4119	76	657	1,138	246	1,794
020 - WASHINGTON TWP	2.0551	1,068	28.4145	303	764	11.5836	89	676	1,046	254	1,846
021 - NEW AMSTERDAM TOWN	2.0551	1,068	28.4115	303	764	11.5857	89	676	1,044	254	1,846
022 - WEBSTER TWP	2.0278	1,054	28.5370	301	753	11.4686	86	667	1,097	250	1,821
023 - NEW MIDDLETOWN TOWN	2.0278	1,054	28.5368	301	753	11.4687	86	667	1,096	250	1,821
024 - MILLTOWN TOWN-SPENCER TWP	2.9857	1,551	27.1852	422	1,130	14.8643	168	962	445	361	2,627
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.