Orange County Property Tax Bills by Tax District
Pay 2005
Assessment and Deductions
Median Home Value, 2000 Census	63,500
Assessment-Sales Ratio	1.013
Gross Assessed Value	64,326
Homestead Deduction	32,163
Mortgage Deduction	3,000
Net Assessed Value	29,163
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 - FRENCH LICK TWP	2.0723	604	32.7514	198	406	12.8987	52	354	1,926	159	1,100
002 - FRENCH LICK TOWN	2.7778	810	30.1848	245	566	15.8596	90	476	1,722	213	1,479
003 - WEST BADEN TOWN	3.0911	901	30.1671	272	630	17.7330	112	518	1,601	232	1,610
004 - GREENFIELD TWP	1.8377	536	33.6493	180	356	13.8739	49	306	1,937	137	952
005 - JACKSON TWP	1.9668	574	34.2002	196	377	13.5154	51	326	1,933	146	1,015
006 - NORTHEAST TWP	1.8808	548	31.6006	173	375	12.0147	45	330	1,932	148	1,026
007 - NORTHWEST TWP	2.0362	594	33.7977	201	393	13.8976	55	338	1,928	152	1,052
008 - ORANGEVILLE TWP	1.8883	551	31.5841	174	377	12.0916	46	331	1,931	149	1,030
009 - ORLEANS TWP	1.9087	557	31.4807	175	381	12.2177	47	335	1,930	150	1,041
010 - ORLEANS TOWN	2.4412	712	29.8517	213	499	15.3043	76	423	1,828	190	1,315
011 - PAOLI TWP	1.8310	534	33.6984	180	354	13.8457	49	305	1,938	137	948
012 - PAOLI TOWN	2.1635	631	32.4613	205	426	16.1722	69	357	1,922	160	1,110
013 - SOUTHEAST TWP	1.7986	525	33.8820	178	347	13.6217	47	300	1,942	134	931
014 - STAMPERSCREEK TWP	1.8061	527	33.8523	178	348	13.6934	48	301	1,941	135	935
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.