Jasper County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	105,700
Assessment-Sales Ratio	0.986
Gross Assessed Value	104,220
Homestead Deduction	35,000
Mortgage Deduction	3,000
Net Assessed Value	66,220
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
002 - Carpenter TWP	2.0197	1,337	36.9212	494	844	10.8613	92	752	829	262	1,936
003 - Remington Corp (Carpenter)	2.5923	1,717	33.0155	567	1,150	13.0442	150	1,000	389	348	2,574
019 - Barkley TWP	1.5343	1,016	32.9911	335	681	10.2913	70	611	1,295	213	1,572
020 - Gillam TWP	1.7958	1,189	33.3726	397	792	11.0294	87	705	956	245	1,814
021 - Hanging Grove TWP	1.5702	1,040	32.7117	340	700	10.5788	74	626	1,245	218	1,610
022 - Jordan TWP	1.5705	1,040	32.6916	340	700	10.5572	74	626	1,243	218	1,611
023 - Kankakee TWP	1.6554	1,096	31.6890	347	749	9.7321	73	676	1,043	235	1,740
024 - Keener TWP	1.7003	1,126	31.1868	351	775	9.7951	76	699	977	243	1,799
025 - DeMotte Corp (Keener)	2.2462	1,487	27.9778	416	1,071	11.9385	128	943	469	328	2,428
026 - Marion TWP	1.5952	1,056	32.1938	340	716	10.3274	74	642	1,198	224	1,653
027 - Rensselaer Corp (Marion)	2.0986	1,390	29.8414	415	975	13.7104	134	841	632	293	2,165
028 - Milroy TWP	1.5193	1,006	33.0507	333	674	10.0842	68	606	1,310	211	1,559
029 - Newton TWP	1.5560	1,030	32.7972	338	692	10.4354	72	620	1,267	216	1,596
030 - Union TWP North	1.6546	1,096	31.7257	348	748	9.7672	73	675	1,051	235	1,737
031 - Union TWP South	1.5308	1,014	33.0047	335	679	10.2434	70	610	1,303	212	1,569
032 - Walker TWP	1.6955	1,123	31.2221	351	772	9.7662	75	697	983	243	1,793
033 - Wheatfield TWP	1.6901	1,119	31.2367	350	770	9.7002	75	695	988	242	1,789
034 - Wheatfield Corp (Wheatfield)	2.1517	1,425	29.2953	417	1,007	12.7956	129	879	567	306	2,261
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.